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Property profile

12421 Pearl Rd Strongsville, OH 44136

OFF-MARKET
Retail properties & Spaces

Property summary

AI-generated overview

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 profile

Verified
Property type Retail properties & Spaces

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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