7500 Brookpark Road

7500 Brookpark Road, Brooklyn, OH 44129

Property Information

  • For Sale $3,160,000
  • Property Type Retail
  • Property Size 80,615 SF
  • Lot Size 6.76 Acre
  • Year Built 1974
  • Date Updated Jan 23, 2025

Description

CBRE, Inc is pleased to exclusively offer the opportunity to acquire Brookridge Shopping Center, an 80,615 SF freestanding 2-tenant building situated on 6.76 AC located at 7500 Brookpark Road Brooklyn, OH. The property is 100% occupied with Value City Furniture, who has been a Tenant since 1986, and the Nightmare Cleveland, who opened in 2022.The property is located in the heart of the Brookpark Road retail trade area, with neighboring Tenants including Menards, Best Buy, Arhaus Loft, Auto Zone Hub, Dollar Tree & located across the highway from Ridge Park Square, which features Lowes, TJ Maxx, Ross Dress for Less, Grocery Outlet, Michaels, Marcs, Starbucks and more. Value City Furniture, a tenant since 1986, is on a triple net lease and is in its final option term, expiring May 31, 2034 at a below market $4.36 NNN rent. Nightmare Cleveland is a permanent haunted house Tenant that signed a 5 year lease in 2022 and pays a stabilized gross rent of $5.90 starting in October 2024.The property is listed at an in-place 8.25% cap rate based on a projected $260,673 2024 NOI.

Contacts

Kevin Moss

CBRE

Joseph W. Khouri

CBRE

Location

Located at 7500 Brookpark Road, Brooklyn, OH 44129, this property is part of the Brooklyn neighborhood and Cleveland Akron market.

Contact 7500 Brookpark Road
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.