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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

6245 Wilson Mills Rd Highland Heights, OH 44143

80,371 SF 5.11 ac lot Built 1995
Property ID
Property summary
AI-generated overview

This exceptional Class A retail investment opportunity presents a 80,371 square foot Kohl's storefront located at 6245 Wilson Mills Rd, Highland Heights, OH 44143. The property sits on a 5.11-acre lot and boasts a strong 8.54% cap rate with a current NOI of $1,024,730. The asking price is $12,000,000 ($149.31/sq ft). Built in 1995, this single-tenant, 100% occupied property features a long-term NNN lease expiring in 2028, with four 5-year options remaining. The lease includes rent increases every five years, and the tenant is responsible for roof, HVAC, and parking lot maintenance. Taxes are paid directly by the tenant (own tax parcel). This prime location benefits from high traffic counts (39,000 cars/day), proximity to I-271, and strong demographics (140,000 people within 5 miles, average household income of $107,037 within 1 mile). The property is adjacent to Home Depot and Big Lots, and across the street from Progressive Insurance HQ. The building itself is a Class A brick construction. The tenant, Kohl's, also includes a Sephora store within this location. Moody's assigns a Baa2 credit rating to the tenant. This is a rare opportunity to acquire a stabilized, high-performing retail asset with a strong tenant and excellent location.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1995
Total area 80,371 SF
Lot 5.11 ac (222,592 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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