- For Sale $1,125,000
- Property Type Retail - Freestanding
- Property Size 7,000 SF
- Lot Size 0.82 Acre
- Property Tenancy Single Tenant
- Year Built 2005
- Date Updated May 15, 2026
Description
Cleveland is a city in the U.S. state of Ohio, and the county seat of Cuyahoga County. The
city proper has a population of 385,525, making it the 52nd-largest city in the United
States and the second-largest city in Ohio. Greater Cleveland is ranked as the 33rd-largest
metropolitan area in the U.S., with 2,057,009 people in 2018. A Gamma + city, Cleveland
anchors the Cleveland–Akron–Canton Combined Statistical Area, which had a population
of 3,515,646 in 2010 and is ranked 15th in the United States.
The city is located on the southern shore of Lake Erie, across the U.S. maritime border
with Canada and approximately 60 miles (100 kilometers) west of the Ohio-Pennsylvania
state border. It was founded in 1796 near the mouth of the Cuyahoga River by General
Moses Cleaveland. It became a manufacturing center due to its location on both the river
and the lake shore, as well as being connected to numerous canals and railroad lines.
Cleveland's economy relies on diversified sectors such as manufacturing, financial
services, healthcare, biomedicals, and higher education, and it the 31st in the nation per
economic output, with GDP of $134 billion in 2018.
The city's major cultural institutions include the Cleveland Museum of Art, the Cleveland
Orchestra, Playhouse Square, and the Rock and Roll Hall of Fame. Known as "The Forest
City" among many other nicknames, Cleveland serves as the center of the Cleveland
Metroparks nature reserve system..
Highlights
- 5.3 Miles from Downtown Cleveland attracting approximately 15 - 17 million visitors annually
- Investment Grade Credit Tenant | Market Cap: 9.6 Billion and a BBB S&P Rating
- Located in Cleveland, a major metropolitan market in Northeast Ohio, providing a large population base, diverse demographics, and continued demand for automotive maintenance and repair services
- Location averages 31K+ visits annually
- Rare Lease with tenant responsible for roof, parking lot, HVAC, taxes, and insurance at this location making it ideal for out-of-state investors | Landlord only responsible for slab
- Recent extension of five years on top of existing term
- Strategically located on Broadway Avenue in Cleveland with an average 18,000+ vehicles per day | Strong visibility and accessibility for both local residents and regional customers
False
Contacts
Evan Lyons
Encore Real Estate Investment Services
Location
Located at 7440 Broadway Ave, Cleveland, OH 44105, this property is part of the South Broadway neighborhood and Cleveland Akron market.
Contact Listing Broker
Evan Lyons
Encore Real Estate Investment Services