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    12421 Pearl Rd Strongsville, OH 44136

    Sponsored
    For Lease
    Contact for pricing

    Strongsville retail space, two units available.

    Lot size:
    4,730 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail opportunity is located in the thriving Staples Plaza shopping center in the heart of Strongsville, Ohio, within Cuyahoga County. The property consists of two buildings offering multiple tenancy options. Two spaces are currently available, one measuring approximately 1,800 square feet situated within a strip center alongside a Staples store, and a larger space of approximately 2,930 square feet located in a separate outlot building boasting excellent visibility on Pearl Road. The outlot building presents a unique potential for ground lease or build-to-suit development. This prime location benefits from exceptional traffic counts, with over 20,983 vehicles passing daily on Pearl Road. The shopping center enjoys a strong anchor tenant lineup, including regional retailers such as Walmart, Home Depot, Lowe's, Costco, Target, Macy's, Kohl's, Dick's Sporting Goods, and TJ Maxx, ensuring high foot traffic and a robust customer base. Further enhancing the area's appeal, a new Little Gym is soon to open. This presents a compelling investment opportunity for businesses seeking high visibility and a strong presence within a well-established and successful community shopping center. The property offers a variety of options to suit different business needs and expansion plans.

    Property Features for 12421 Pearl Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,730 SF

    Building Details

    Buildings
    2

    Unit(s) available at that property

    Space
    Unit 9
    Size
    1,800 SF
    Space
    Units 14 & 15
    Size
    2,930 SF

    HighLights

    • Well‑established Strongsville community shopping center.
    • Two available spaces: 1,800 SF and 2,930 SF.
    • High‑visibility outlot space (2,930 SF) on Pearl Road.
    • Outlot development potential (ground lease or build‑to‑suit).
    • Strong tenant mix including Walmart, Home Depot, Lowe's, and more.
    • High traffic counts: 20,983 vehicles per day on Pearl Road.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Strongsville
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.835151630856
    Latitude
    41.32266002517

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    FAQs

    What type of property is this?
    Retail property - Strongsville retail space, two units available.
    Where is this retail property located?
    The property is located at 12421 Pearl Rd Strongsville, OH.
    What are key features of this property?
    This property features: Well-established Strongsville community shopping center.; Two available spaces: 1,800 SF and 2,930 SF.; High-visibility outlot space (2,930 SF) on Pearl Road.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    12421 Pearl Rd Strongsville, OH 44136
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