3787 Pearl Rd Cleveland, OH 44109-2755

This exceptional investment opportunity presents a 14,860 square foot Family Dollar storefront located at 3787 Pearl Rd, Cleveland, OH 44109. Situated on a 2-acre lot, this property boasts a strong 8.25% cap rate and a favorable NN+ lease with approximately 5.5 years remaining, plus renewal options. The building, originally constructed in 1994, underwent significant renovations in 2016, transforming a former Aldi Supermarket into its current configuration. The property benefits from a prime corner location at Pearl Road & Garden Avenue, offering multiple access points. This single-tenant asset features a low rent per square foot, representing a significant value proposition well below replacement cost. The strong demographics of the densely populated area, just 10 minutes from downtown Cleveland, further enhance its investment appeal. The property's attractive features, combined with the tenant's strong creditworthiness, make this a compelling investment opportunity for discerning buyers. The Cuyahoga County property (APN: 008-24-009) offers a stable income stream and significant potential for long-term growth. This is part of a larger portfolio of Dollar Stores that can be purchased individually or as a portfolio.