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Property profile & analytics
FOR LEASE
Strip malls

1655 Pearl Rd Brunswick, OH 44212

12,000 SF 5 ac lot Built 1993
Entity Owned 21-yr Hold Free & Clear
Property ID
US66-2469298
Property summary
AI-generated overview

This exceptional 44,500 square foot retail center, situated on a 4.99-acre lot in Brunswick, Ohio, presents a compelling investment opportunity. Built in 1972, this single-story building boasts a prime location near the intersection of Pearl Road and SR 303 (Center Road), benefiting from significant daily traffic counts: 26,279 vehicles on Pearl Road and 25,476 on Center Road. The center is anchored by a Discount Drug Mart and features a diverse mix of established tenants, including Kelly’s Crepes, Old World Deli, Synergy Chiropractic, and Dino Maria’s Hair Salon. This multi-tenant property offers excellent visibility and accessibility, making it an ideal location for a variety of retail businesses. The property is located in Medina County's Medina submarket, within the Brunswick submarket cluster, and has a 44212 zip code. The property's single-story design and ample parking provide convenient access for customers and employees. This established center offers a strong foundation for continued success and growth. The property's high-traffic location and diverse tenant mix make it a desirable investment for those seeking a stable and profitable retail portfolio addition.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1993
Total area 12,000 SF
Lot 5 ac (217,800 SF)
APN 003-18D-07-041
UPID US66-2469298
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Mill Realty-pearl LLC · 21 yrs held
Mill Realty-pearl LLC
since 2004
2 recorded transactions
2004
Price N/A
2004
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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