14444 Pearl Rd - Bank FOR SALE


Strongsville, OH 44136
$1,811,364 USD
702-215-7120
14444 Pearl Rd, Strongsville, OH for Sale
$1,811,364 USD
Bank - FOR SALE
1/11
null | 5.5% Cap Rate

14444 Pearl Rd
Strongsville, OH 44136


HIGHLIGHTS

  • Corporate Guaranteed Lease: Backed by U.S. Bank, providing long-term security and credit-rated income.
  • Absolute Net Structure: Tenant responsible for all expenses; true passive, zero-landlord-responsibility investment.
  • Long-Term Stability: Tenant recently executed a 10 year extension of the lease with 10% rent increases every five years and market rent at options.
  • Attractive Income Stream: $99,625 annual NOI with predictable escalation and no near-term rollover risk.
  • Prime Retail Corridor Location: Positioned along Pearl Road (State Route 42), Strongsville’s dominant retail artery.
  • Surrounded by Major National Retailers: Near Costco, Target, Home Depot, T.J. Maxx, Heinen’s, Best Buy, Petco, and SouthPark Mall, driving traffic

OVERVIEW

14444 Pearl Rd, Strongsville, OH is a retail bank building currently listed for sale as an investment property. It offers 6,982 SF on a 0.65-acre lot, priced at $1,811,364 with a 5.50% cap rate and $99,625 annual NOI. The property features an absolute net lease backed by U.S. Bank, with a recently executed 10-year extension including 10% rent increases every five years, ensuring long-term stability and zero landlord responsibilities. Positioned on Strongsville’s prime retail corridor near major national retailers, this asset provides a secure, credit-rated income stream.

FOR SALE DETAILS

PRICE

$1,811,364 USD

PRICE/SF

$259 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

U.S. Bank

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1965

SPRINKLERS

-

PARKING SPACES

26

LAND DETAILS

LAND ACRES

0.65 AC

LAND SF

28,496 SF

ZONING

GB

APN/PARCEL ID

393-19-035

ASK ABOUT THIS PROPERTY

Dustin AlvinoMarcus & MillichapMore Info
702-215-7120

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Dustin AlvinoMarcus & MillichapMore Info
702-215-7120

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.