Technical
Financial
Distress signals
Property profile

1655 Pearl Rd Brunswick, OH 44212

FOR LEASE
Strip malls
Property ID
US66-2469298
12,000 SF 5 ac lot Built 1993
Entity Owned 21-yr Hold Free & Clear
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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

Location

1655 Pearl Rd Brunswick, OH 44212
Brunswick metro Census 416000 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$475k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$475k

Owner & transaction history

since 2004
2 recorded transactions
2004
Price N/A
2004
Price N/A

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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