Offering Memorandum

Investment Sale

Brecksville Mixed-Use

8747-8751 Brecksville Rd
Brecksville, Ohio

eCode:069i

Sales Price

$3,500,000

NOI

$249,021

Cap Rate

7.11%

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
1830-1879 172nd Ave
Grand Haven, Michigan

$4,287,781 | 31,034 SF
Single-Tenant
18555 Silver Pkwy
Fenton, Michigan

$2,476,190 | 8,160 SF
Single-Tenant
8791 KY-1
Grayson, Kentucky

$1,321,920 | 9,190 SF
Multi-Tenant
4157-4245 E Court St
Burton, Michigan

$8,800,000 | 135,170 SF

Offering Memorandum

Confidentiality Agreement*

Download Agreement