6245 Wilson Mills Rd Highland Heights, OH 44143
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.