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
Multi-Tenant
MICHIGAN, FLORIDA, ILLINOIS, INDIANA,
VIRGINIA, MISSOURI, North Carolina
Unpriced | 662,257 SF
VIRGINIA, MISSOURI, North Carolina
Unpriced | 662,257 SF
Multi-Tenant
1143-1161 Williams Reserve Blvd
Wadsworth, Ohio
$5,119,252 | 45,525 SF
Wadsworth, Ohio
$5,119,252 | 45,525 SF
