8747-8751 Brecksville Rd Brecksville, OH 44141
For Sale
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.