12326 Pearl Rd | Strongsville, OH 44136
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
12326 Pearl Rd
Strongsville, OH 44136
The Learning Experience | 2025-Built · Retail Property For Sale
Investment Highlights
- The Learning Experience New Construction 21-Year NNN Lease in Strongsville, OH (Cleveland MSA)
- 10% Rent Increases Every 5 Years of Initial Term & Options Add 237 bps to CAP Rate by End of Initial Term; 9.5% CAP in 2040
- Oversized 4.55 Acre Parcel | +/- 1.9 Acres of Undeveloped Land Included as Upside to Lease/Sell/Develop
- 2025-Built; Rent Commencement of March 31, 2025
- Tenant Pays TAX/INS, also Pays Fixed CAM of $67,500 ($6.75/SF) in Yr-1 with 5% Annual Increases. CAM Not Subject to Reconciliation; Likely a Profit C
- Carries Typical TLE Limited Corporate Guaranty with $850K Limit Over First 5 Lease Years, Decreasing by 20% Per Year
Property Facts
Property Type
Retail
Property Subtype
Building Size
10,000 SF
Building Class
C
Year Built
2025
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
4.54 AC
Zoning
R-RS
Property Taxes
| Parcel Number | 392-28-010 | Improvements Assessment | $0 |
| Land Assessment | $196,385 | Total Assessment | $196,385 |
Property Taxes
Parcel Number
392-28-010
Land Assessment
$196,385
Improvements Assessment
$0
Total Assessment
$196,385
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
