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Property profile & analytics
OFF-MARKET Estimated value $3,935,000
Outlet malls

7400 Brookpark Rd Cleveland, OH 44129-1104

116,729 SF 9.51 ac lot Built 1968
Entity Owned 19-yr Hold ~ Est. High Equity
Property ID
US66-1348938
Property summary
AI-generated overview

Brook Ridge Plaza offers a rare opportunity to lease a remaining pad site within a thriving 101,000 square foot shopping center. Strategically located at the southwest corner of the I-480 and Ridge Road interchange in Cuyahoga County, this location benefits from exceptional visibility and accessibility. The center boasts a strong tenant mix, anchored by major retailers including Best Buy, AutoZone, Arhaus Loft, and Dollar Tree. Additional tenants include Taco Bell, Arby's, Tire Choice, and a newly opened Swenson's, ensuring consistent foot traffic and a robust customer base. The pad site is situated directly west of Taco Bell, offering immediate proximity to a high-traffic anchor tenant. With 4,500 square feet currently vacant within the larger center, this presents a unique chance to establish a presence in a well-established and successful retail environment. The area's strong daytime population, with 143,916 employees within a 5-mile radius, guarantees a substantial pool of potential customers. This property is ideal for businesses seeking high visibility and convenient access to a dense population. The site is available for lease or ground lease, offering flexibility to suit various business needs. Don't miss this opportunity to secure a prime retail location in a high-traffic area.

Property profile
Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1968
Construction TYPE NOT SPECIFIED
Total area 116,729 SF
Lot 9.51 ac (414,038 SF)
Zoning code G-B
APN 433-20-004
UPID US66-1348938
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
Current use
Occupant on record · Public records
  • Best Buy Electronics & Wireless Store
  • Geek Squad Computer & Electronic Repair Tech Support Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.23M
Blend (final) Blend
$3.94M
Owner & transaction history
Msf Brooklyn Oh LLC · 19 yrs held
Msf Brooklyn Oh LLC
since 2007
3 recorded transactions
2008
Price N/A
2007
Price N/A
1969
Price N/A
Zoning & alternative use
G-B · Cleveland, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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