Technical
Financial
Distress signals
Property profile

26035 Lorain Rd North Olmsted, OH 44070

FOR LEASE
Turn key restaurants
Property ID
US66-2422455
2,530 SF 0.11 ac lot Built 1992
Entity Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

Exceptional opportunity in North Olmsted, OH, at Brooklor Plaza. This Class A property offers multiple spaces totaling 75,952 square feet of vacant space, ideal for a variety of uses including retail, warehouse, refrigerated/cold storage, and flex space. Currently available spaces include a 51,996 square foot space (available February 2026) and an 18,691 square foot space (available Summer 2025), with the possibility of combining for a larger footprint. The property boasts excellent visibility and accessibility from Brookpark Road and Lorain Road, situated within a thriving retail corridor adjacent to major shopping centers like Great Northern Mall (900,000 sq ft) and Great Northern Plaza (630,000 sq ft). Benefit from the high traffic volume of Brooklor Plaza, consistently ranking among the busiest shopping centers in Northeast Ohio, with approximately 1 million annual visits. The surrounding area features strong demographics, including a 5-mile population of 175,222 and a daytime population of 181,863, with an average household income of $113,381. The property's location offers proximity to numerous national retailers such as Macy's, Dillard's, Dick's Sporting Goods, JCPenney, Home Depot, Burlington, Best Buy, and many more. Monument signage space is also available. The total building size is 111,071 square feet. This is a prime location for businesses seeking high visibility and access to a large consumer base.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1992
Construction TYPE NOT SPECIFIED
Total area 2,530 SF
Lot 0.11 ac (4,791 SF)
APN 236-01-001
UPID US66-2422455

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Atm
  • Postal Service Courier Service

Location

26035 Lorain Rd North Olmsted, OH 44070
North Olmsted metro Census 174206 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$12.26M

Owner & transaction history

since 2022
Last sale
$16.0M
1 recorded transaction
2022
$16.0M

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?”
More about this property
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