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Property profile & analytics
FOR SALE
Office buildings

8747-8751 Brecksville Rd Brecksville, OH 44141

10,603 SF
Property ID
US66-Q004879
Property summary
AI-generated overview

Projected year 1 NOI $243,460. - 100% Leased | Stable, Service-Based Tenant Mix - The asset is fully leased to a diverse mix of professional and medical tenants, including Westfield Bank, Brecksville Dermatology, Platelet Disorder Support Association, and Home Instead. - Each provides essential services, fostering longterm tenancy and reliable cash flow. - Turnkey Condition | Minimal Capital Needs - Fully renovated in 2004, the property has been well maintained and requires no immediate capital improvements. - Clean NNN leases further reduce ownership responsibilities and limit exposure to operating cost fluctuations. - Strong Demographics & Spending Power - Within a 3-mile radius, average household income exceeds $170,000. - The 5-mile area is home to over 73,000 residents, offering both a robust customer base for tenants and long-term support for asset performance. - Anchored by Credit-Backed Regional Bank Westfield Bank, the anchor tenant, occupies over 50% of the property and recently exercised an extension, reflecting their strong performance at this location. - Their lease includes 2% annual escalations and a five-year renewal option, providing predictable income growth. - Prime Main Street Location in Affluent Suburb - Located in the heart of Brecksville’s charming downtown district, the property benefits from excellent visibility and foot traffic on Brecksville Road (SR-21), just minutes from I-77. - The property is surrounded by local dining, national retailers, and city amenities—positioning it as a cornerstone destination in the community.

Property profile
Verified
Property type Office buildings
Total area 10,603 SF
UPID US66-Q004879
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
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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