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Brookridge Plaza 7500 Brookpark Rd

80,615 SF 100% Leased Retail Building Cleveland, OH 44129 For Sale

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INVESTMENT HIGHLIGHTS

Value City Furniture has occupied the space since 1986
Future redevelopment opportunity - ability to cash flow for the short term to prepare for a retail/industrial redevelopment in the future

Potential Outparcel Opportunity
The location benefits from its proximity to a strong retail trade area, industrial distribution and ease of access to the highway

EXECUTIVE SUMMARY

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.