Offering Memorandum

Investment Sale

Brecksville Mixed-Use

8747-8751 Brecksville Rd
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
4007 S Saginaw St
Burton, Michigan

$1,440,441 | 10,996 SF
Single-Tenant
4101 Telegraph Rd
Bloomfield Hills, Michigan

$3,517,046 | 7,144 SF
Multi-Tenant
51347-51405 Gratiot Ave
Chesterfield Twp, Michigan

$9,696,488 | 66,964 SF
Multi-Tenant
22004-22128 Farmington Rd
Farmington, Michigan

Unpriced | 85,168 SF

Offering Memorandum

Confidentiality Agreement*

Download Agreement