You are browsing as a guest. Register to access key data for free.
Property profile

7051 Mill Rd Brecksville, OH 44141

OFF-MARKET
Retail properties & Spaces
5,892 SF Built 1950

Property summary

AI-generated overview

This 5,892 sq ft veterinary clinic in Brecksville, OH, presents a compelling investment opportunity. Currently 100% occupied by VetCor, a major US veterinary operator, the property boasts a strong 7% cap rate and a substantial NOI of $51,807. The NNN lease features a remaining term of three years with a five-year renewal option and 2% annual rent increases, providing a hedge against inflation. Built in 1950, the property is situated on a 0.30-acre lot in a high-income area (5-mile radius average household income: $114,214). The veterinary services market is projected for significant growth, further enhancing the long-term value of this investment. The asking price is $740,100, translating to $125.61 per square foot. This property offers a stable, passive income stream in a resilient industry, supported by a financially strong and established tenant with a large client base. The location in Brecksville, Ohio, offers excellent visibility and accessibility, with ample parking. The property's strong financials, coupled with the tenant's stability and market growth projections, make this an attractive investment opportunity.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1950
Total area 5,892 SF

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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 7051 Mill Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message