Technical
Financial
Distress signals
Property profile

7400 Brookpark Rd Cleveland, OH 44129

FOR LEASE
Outlet malls
Property ID
US66-1348938
116,729 SF 9.51 ac lot Built 1968
Entity Owned 19-yr Hold ~ Est. High Equity
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7400 Brookpark Rd, Cleveland, OH 44129 For Lease
Contact for pricing 4,000 SF available
7400 Brookpark Rd, Cleveland, OH 44129
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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

Current use

Occupant on record · Public records
  • Electronics & Wireless Store
  • Computer & Electronic Repair Tech Support Center

Location

7400 Brookpark Rd Cleveland, OH 44129
Cleveland metro Census 137103 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
$5.23M
Blend (final) Blend
$3.94M

Owner & transaction history

since 2007
3 recorded transactions
2008
Price N/A
2007
Price N/A
1969
Price N/A

Zoning & alternative use

G-B · Cleveland, OH

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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