for sale or lease showroom & warehouse...24,766 sf retail showroom with special use areas /...

CONTACT US

JOSEPH W. KHOURIFirst Vice President+1 216 658 [email protected]

FOR SALE OR LEASE

SHOWROOM & WAREHOUSEUNIQUE STRONGSVILLE PROPERTY

www.cbre.com/cleveland

12878 PEARL ROAD, STRONGSVILLE, OHIO 44136

CBRE, INC.950 Main AvenueSuite 200Cleveland, OH 44113

PRICE REDUCED

FOR SALE OR LEASESHOWROOM & WAREHOUSE


12878PEARL ROAD

Strongsville, OH 44136

PROPERTY INFO

Buildings:

24,766 SF Retail Showroom with Special Use areas / Warehouse Building, approximately 4,000 SF is 2 story mezzanine retail space with frontage along Pearl Road with an attached 23,800 SF Warehouse addition. General building classification would be warehouse / showroom used as and zoned retail.

Size/SF: +52,566 SF

Year Built: 1967/1988/1991

Site Size: 5.46 Acres

Parcel Number: 392-30-001

Tax Parcel Property Address: 12826 Pearl Road, Strongsville, OH 44136

Parking: Approximately 216 spaces

Price Reduced: $1,999,000.00 $1,599,000.00Lease Price: Negotiable

© 2018 CBRE, Inc. The information contained in this document has been obtained from sources believed reliable. While CBRE, Inc. does not doubt its accuracy, CBRE, Inc. has not verified it and makes no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited. CBRE and the CBRE logo are service marks of CBRE, Inc. and/or its affiliated or related companies in the United States and other countries. All other marks displayed on this document are the property of their respective owners. Licensed Real Estate Broker.

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SITE PLAN


12878PEARL ROAD


FLOOR PLANS

© 2018 CBRE, Inc. The information contained in this document has been obtained from sources believed reliable. While CBRE, Inc. does not doubt its accuracy, CBRE, Inc. has not verified it and makes no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited. CBRE and the CBRE logo are service marks of CBRE, Inc. and/or its affiliated or related companies in the United States and other countries. All other marks displayed on this document are the property of their respective owners. Licensed Real Estate Broker.



12878PEARL ROAD


SITE INFO

SITE HIGHLIGHTS An opportunity to purchase a retail pad site, consisting of +1.5 acres along the coveted Pearl Road commercial corridor in the NW quadrant of the Pearl Road (RT 42) and Royalton Road (RT 82) intersection in Strongsville,

Ohio.

+ Location:Conveniently located 5 minutes from the Interstate 71, and just west of Cleveland’s premier super-regional 1,800,000 SF SouthPark Mall, and Cleveland Clinic hospital. Take advantage of proximity to excellent demographics and the growing communities of Strongsville, Brunswick, Medina, North Royalton, Berea, and Middleburg Heights

+ Traffic Counts: 21,380 Vehicles Per Day along Pearl Road

+ Population:Over 48,000 people live within 3 miles

+ Income:Median HH Income of $75,120 within 3 miles

AERIAL MAP


© 2018 CBRE, Inc. All marks displayed on this document are the property of their respective owners.

AVAILABLE 48,566 SF

12878PEARL ROAD




12878PEARL ROAD

Strongsville, OH 44136DEMOGRAPHIC BRIEF

12878 PEARL RD

1 MILE 3 MILES 5 MILES

2017 Population - Current Year Estimate 5,901 47,154 135,447

2022 Population - Five Year Projection 5,778 46,571 134,974

2010 Population - Census 6,124 47,718 135,587

2000 Population - Census 6,284 46,722 130,445

2010-2017 Annual Population Growth Rate -0.51% -0.16% -0.01%

2017-2022 Annual Population Growth Rate -0.42% -0.25% -0.07%

2017 Households - Current Year Estimate 2,757 19,551 55,382

2022 Households - Five Year Projection 2,711 19,396 55,377

2010 Households - Census 2,834 19,608 55,009

2000 Households - Census 2,724 17,913 50,030

2010-2017 Annual Household Growth Rate -0.38% -0.04% 0.09%

2017-2022 Annual Household Growth Rate -0.34% -0.16% 0.00%

2017 Average Household Size 2.09 2.38 2.38

2017 Average Household Income $79,066 $93,622 $84,686

2022 Average Household Income $90,394 $105,017 $96,064

2017 Median Household Income $59,372 $76,620 $67,815

2022 Median Household Income $71,358 $84,340 $77,784

2017 Per Capita Income $36,750 $38,917 $35,109

2022 Per Capita Income $42,131 $43,818 $39,885

2017 Housing Units 2 ,932 20 ,565 58 ,376

2017 Vacant Housing Units 175 6.0% 1,014 4.9% 2,994 5.1%

2017 Occupied Housing Units 2,757 94.0% 19,551 95.1% 55,382 94.9%

2017 Owner Occupied Housing Units 1,911 65.2% 14,119 68.7% 41,609 71.3%

2017 Renter Occupied Housing Units 846 28.9% 5,432 26.4% 13,773 23.6%

2017 Population 25 and Over 4 ,630 34 ,468 98 ,280

HS and Associates Degrees 2,527 54.6% 17,691 51.3% 56,947 57.9%

Bachelor's Degree or Higher 1,888 40.8% 15,242 44.2% 35,785 36.4%

2017 Businesses 507 1,832 4,681

2017 Employees 6,588 27,844 70,551

©2017 CBRE. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are forexample only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the propertyfor your needs. Source: Esri Page 1 ProjectID:262601

POPULAT ION

HOUSEHOLDS

HOUSEHOLD INCOME

HOUS ING UN ITS

EDUCAT ION

PLACE OF WORK

CONTACT US

JOSEPH W. KHOURIFirst Vice President+1 216 658 [email protected]

CBRE, INC.950 Main AvenueSuite 200Cleveland, OH 44113


for sale or lease showroom & warehouse...24,766 sf retail showroom with special use areas /...

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