5522 Pearl Rd Parma, OH 44129

This vacant 2,707 square foot Class B shopping center in Parma, Ohio, presents a unique investment opportunity. Located at 5522 Pearl Rd, 44129, this single-tenant, net-lease property boasts a prime location with high traffic counts and 30 paved parking spaces. Previously occupied by a diverse mix of tenants including Taco Bell, Wendy's, Walmart, DaVita, Chase Bank, and Dairy Queen, the property offers significant potential for redevelopment or lease to a new tenant. The lease expired July 1, 2024, and the property has been vacant since February 1, 2019. Situated in a bustling suburban area on the Cleveland border, this property benefits from a strong sense of community and diverse population. The land value is priced between $350 and $761 per square foot. The property's free-standing design and ample parking make it highly attractive for a variety of retail uses. This location offers easy access to residential neighborhoods, commercial establishments, and community amenities, ensuring consistent foot traffic and visibility. The property's 100% ownership provides complete control and flexibility for the new owner. Consider this exceptional opportunity to acquire a strategically located retail property in a thriving Ohio community.