Offering Memorandum
Investment Sale
Brecksville Mixed-Use
8747-8751 Brecksville Rd
Brecksville, Ohio
Brecksville, Ohio
eCode:069i
Sales Price
$3,213,174
NOI
$249,021
Cap Rate
7.75%
Building Size
10,603 SF
Lot Size
1.35 AC
Year Built
1962 / 2004 (Complete Reconstruction)
Traffic Count
Brecksville Rd (9,400 CPD)
Chippewa Rd (11,802 CPD)
Highlights
- Prime Downtown Location
- Anchor Tenant Stability | Westfield Bank Recent 5-Year Renewal
- Robust Demographic Profile
- High Household Income
- Excellent Building Condition
| Radius | 1 mile | 3 mile | 5 mile |
| Population Density | 4,330 | 23,848 | 73,653 |
| Household Income | $169,184 | $185,909 | $155,655 |
| Daytime Pop | 2,882 | 17,020 | 41,693 |
SIMILAR PROPERTIES
Single-Tenant
2710 Salem Ave
925 Woodville Rd
Dayton & Toledo, Ohio
Dayton, OH: $1,833,333
Toledo, OH: $1,866,667 | Dayton, OH: 13,905 SF
Toledo, OH: 15,048 SF
925 Woodville Rd
Dayton & Toledo, Ohio
Dayton, OH: $1,833,333
Toledo, OH: $1,866,667 | Dayton, OH: 13,905 SF
Toledo, OH: 15,048 SF
Single-Tenant
30755 Montpelier
Madison Heights, Michigan
$4,000,000 | 26,595 SF
Madison Heights, Michigan
$4,000,000 | 26,595 SF
Single-Tenant
2150 Executive Hills Ct
Auburn Hills, Michigan
$18,181,416 | 114,830 SF
Auburn Hills, Michigan
$18,181,416 | 114,830 SF