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25851 Brookpark Rd 5,780 SF Retail Building North Olmsted, OH 44070 $4,841,051 CAD ($837.55 CAD/SF) 7.50% Cap Rate
EXECUTIVE SUMMARY
Long-Established Location
Jared’s has operated successfully at this location for over two decades, demonstrating exceptional tenant commitment and long-term stability in a competitive retail environment.
Absolute NNN Lease
The property features an absolute NNN lease with several years remaining, offering passive, management-free income with no landlord responsibilities—ideal for investors seeking predictable cash flow.
Top-Performing Location
This Jared’s ranks among the strongest performers in its regional portfolio, benefiting from consistent foot traffic and proximity to high-volume retail anchors, contributing to above-average sales metrics.
Market-Leading Tenant
Jared’s is a flagship brand of Sterling Jewelers, a subsidiary of Signet Jewelers, the largest specialty jewelry retailer in the world. Backed by investment-grade financials and national brand recognition, the tenant offers long-term operational reliability.
Prime Regional Location
Strategically positioned within a dominant retail corridor, the site is surrounded by top-tier national retailers and affluent residential neighborhoods, reinforcing its role as a destination for discretionary spending.
Excellent Access & Visibility
The property enjoys prominent frontage, multiple access points, and strong visibility along a major commercial artery, ensuring consistent exposure
to both local and regional consumers.
Reliable Cash Flow
With a proven operator and a history of strong performance, the asset delivers secure in-place income and long-term lease stability.
Economic Stability
Located in a thriving metro area with strong demographics and retail fundamentals, the site benefits from a resilient economic base that supports sustained consumer demand and tenant success.
Jared’s has operated successfully at this location for over two decades, demonstrating exceptional tenant commitment and long-term stability in a competitive retail environment.
Absolute NNN Lease
The property features an absolute NNN lease with several years remaining, offering passive, management-free income with no landlord responsibilities—ideal for investors seeking predictable cash flow.
Top-Performing Location
This Jared’s ranks among the strongest performers in its regional portfolio, benefiting from consistent foot traffic and proximity to high-volume retail anchors, contributing to above-average sales metrics.
Market-Leading Tenant
Jared’s is a flagship brand of Sterling Jewelers, a subsidiary of Signet Jewelers, the largest specialty jewelry retailer in the world. Backed by investment-grade financials and national brand recognition, the tenant offers long-term operational reliability.
Prime Regional Location
Strategically positioned within a dominant retail corridor, the site is surrounded by top-tier national retailers and affluent residential neighborhoods, reinforcing its role as a destination for discretionary spending.
Excellent Access & Visibility
The property enjoys prominent frontage, multiple access points, and strong visibility along a major commercial artery, ensuring consistent exposure
to both local and regional consumers.
Reliable Cash Flow
With a proven operator and a history of strong performance, the asset delivers secure in-place income and long-term lease stability.
Economic Stability
Located in a thriving metro area with strong demographics and retail fundamentals, the site benefits from a resilient economic base that supports sustained consumer demand and tenant success.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,780 SF
Building Class
B
Year Built
2003
Price
$4,841,051 CAD
Price Per SF
$837.55 CAD
Cap Rate
7.50%
NOI
$363,079 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
1.15 AC
Zoning
CRG - Commercial
Parking
40 Spaces (8.65 Spaces per 1,000 SF Leased)
Frontage
99’ on Brookpark Rd
AMENITIES
- Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 235-28-003 | Improvements Assessment | $613,609 CAD |
| Land Assessment | $1,080,494 CAD | Total Assessment | $1,694,103 CAD |
PROPERTY TAXES
Parcel Number
235-28-003
Land Assessment
$1,080,494 CAD
Improvements Assessment
$613,609 CAD
Total Assessment
$1,694,103 CAD
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25851 Brookpark Rd
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