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Rolling Hills Shopping Plaza 791-839 Pearl Rd 43,000 SF 100% Leased Retail Building Brunswick, OH 44212 $2,690,275 ($62.56/SF) 8.11% Cap Rate
Investment Highlights
- Prime frontage on Pearl Road, Brunswick’s main commercial artery, delivers excellent exposure and easy ingress/egress for shoppers
- City-backed economic development efforts, attractive business incentives, and proximity to major transportation routes
- The plaza is Dollar General-anchored, providing a strong national value-oriented draw and consistent daily traffic from budget-conscious shoppers
Executive Summary
Anchor Retail is proud to exclusively represent ownership in the sale of Rolling Hills Plaza. The center at 791-839 Pearl Road is a well-located, ±43,000 square foot neighborhood center serving the growing, affluent community of Brunswick, Ohio. Strategically positioned along busy Pearl Road with 16,500+ vehicles per day, the center enjoys strong daily visibility and convenient access for both local residents and regional commuters traveling between Brunswick and Strongsville.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
43,000 SF
Building Class
C
Year Built
1974
Price
$2,690,275
Price Per SF
$62.56
Cap Rate
8.11%
NOI
$218,181
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.26
Lot Size
3.73 AC
Zoning
C-5 - General Business
Parking
150 Spaces (3.49 Spaces per 1,000 SF Leased)
Amenities
- Freeway Visibility
- Restaurant
- Signage
- Air Conditioning
Nearby Major Retailers
Property Taxes
| Parcel Number | 003-18B-24-005 | Improvements Assessment | $372,420 |
| Land Assessment | $121,750 | Total Assessment | $494,170 |
Property Taxes
Parcel Number
003-18B-24-005
Land Assessment
$121,750
Improvements Assessment
$372,420
Total Assessment
$494,170
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Rolling Hills Shopping Plaza | 791-839 Pearl Rd
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