100% Occupied 2 Tenant Center 7500 Brookpark Road
Cleveland, OH 44129
For Sale
80,615 sqft
Sale Price
Contact Broker For Pricing
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Retail For Sale
Retail Investment Opportunity Back on the Market!
Value City Furniture has occupied the space since 1986
The current rents are significantly below market rents
Potential Outparcel Opportunity
Future redevelopment opportunity - ability to cash flow for the short term to prepare for a retail/industrial redevelopment in the future
The location benefits from its proximity to a strong retail trade area, industrial distribution and ease of access to the highway
Value City Furniture, the primary anchor tenant, is structured on a NNN lease. Though Cleveland Haunt is structured as a gross lease, the tenant occupied a space that was vacant for nearly a decade
Value-Add Value City Furniture is in their final option period with an expiration in 2034. Cleveland Haunt expires in 2027 with one additional five year option that will take their term through 2032.
Unencumbered Asset
Get in touch
Joseph Khouri
Kevin Moss
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 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.
Total Space Available
80,615 sqft
Sale Price
Contact Broker For Pricing
Get in touch
Joseph Khouri
Kevin Moss