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Ground Lease Opportunity 15387 Pearl Rd 0.47 Acres of Commercial Land for Lease in Strongsville, OH 44136
Highlights
- Signalized hard corner location on Pearl Road offering exceptional visibility and access.
- Proximity to SouthPark Mall (1.68M SF, ~8M annual visitors) and major retail anchors.
- Surrounding retail vacancy remains under 3%, reflecting long-term market stability.
- Traffic counts averaging 21,740–23,693 vehicles per day on adjacent ODOT segments.
- Strongsville median household income at $103,253, 40% above national average.
- Multiple transaction options: build-to-suit, ground lease, or fee-simple sale available.
LOT Available
Display Rental Rate as
| Rental Rate |
|
Lot Size | 0.47 AC |
| Lease Term | Negotiable |
| Rental Rate | |
| Lease Term | Negotiable |
| Lot Size | 0.47 AC |
This 0.47-acre property at 15387 Pearl Road presents an exceptional investment or redevelopment opportunity in a high-demand trade area within Strongsville, Ohio. Positioned on a signalized corner along Pearl Road (Route 42), the site benefits from substantial daily traffic counts of 21,740 to 23,693 vehicles and proximity to a dense mix of national retailers such as Costco, Walmart, Target, and Lowe’s within a three-mile radius. The parcel is zoned for General Business (GB), permitting a variety of uses including retail, quick-service restaurants with drive-thru, automotive services, specialty healthcare, or financial institutions (subject to city approval). Existing operations include a fueling station and convenience retail, but the site’s land-dominant layout and strategic location support a redevelopment or sale to an operator seeking long-term value creation. Strongsville’s median household income exceeds national benchmarks by over 40%, supported by steady population growth and an influx of over 20,000 daily workers drawn to nearby business parks. Coupled with one of Cleveland’s most supply-constrained submarkets, this corner asset offers exceptional upside potential for investors targeting premium suburban retail markets. This highly visible parcel on Pearl Road offers a flexible build-to-suit or ground lease option for qualified tenants. With GB zoning and all major utilities in place, the site supports a range of commercial uses from QSR with drive-thru to automotive and specialty concepts. Exceptional visibility, direct signalized access, and positioning in a top-performing retail corridor make it a compelling choice for operators seeking high-traffic frontage near major anchors and SouthPark Mall (1.5 miles away). Ownership can accommodate custom improvements to fit tenant specifications, ensuring an efficient and tailored delivery within a mature and strong suburban market.
Property Overview
The site consists of 0.47 acres at 15387 Pearl Road, situated in the Southwest Cuyahoga Retail submarket. It features approximately 37 feet of frontage on Pearl Road (Route 42), currently operating as a fueling station with convenience retail since 2008. Zoning is GB – General Business. The location offers six existing surface parking spaces and access to public utilities including water, sewer, gas, and electric. Traffic counts along Pearl Road range between 21,740 and 23,693 vehicles per day. Permitted uses include retail, drive-thru, office, service, medical, and automotive, subject to city verification.
Property Facts
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Ground Lease Opportunity | 15387 Pearl Rd
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