CA

Language and Region
Currency

Email*

Please enter a valid email address.

To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

Message

957 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

26614-26628 Lorain Rd 12,132 SF 100% Leased Retail Building North Olmsted, OH 44070 $4,977,000 CAD ($410.24 CAD/SF) 8.30% Cap Rate

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

INVESTMENT HIGHLIGHTS

100% occupancy with diverse tenant mix.
Strategic location positions property for long-term value appreciation.

Low operational cost due to the NNN lease structure in place.
Staggered lease expirations reduce vacancy risk and enhance tenant retention.

EXECUTIVE SUMMARY

Prime investment opportunity in North Olmsted! Property is 100% leased to a diverse tenant mix with staggered lease expirations. Excellent visibility to over 29,500 vehicles per day. Low operational cost due to NNN lease structure in place. Call for pricing.

26614-26628 Lorain Road Teaser

PROPERTY FACTS

Sale Type

Investment

Property Type

Retail

Property Subtype

Storefront

Building Size

12,132 SF

Building Class

C

Year Built

1968

Price

$4,977,000 CAD

Price Per SF

$410.24 CAD

Cap Rate

8.30%

NOI

$413,082 CAD

Percent Leased

100%

Tenancy

Multiple

Building Height

1 Story

Building FAR

0.22

Lot Size

1.29 AC

Zoning

CRG - General Retail

Parking

63 Spaces (5.19 Spaces per 1,000 SF Leased)

Frontage

139’ on Lorain Rd

Pylon Sign

Signalized Intersection

Drive Thru

1 1

AERIAL
MAP
TRAFFIC

26614-26628 Lorain Rd, North Olmsted, OH - AERIAL map view

Walk Score®

Very Walkable (71)

What is a Walk Score®, Transit Score® & Bike Score®?

Walk Score® measures the walkability of any address.

Transit Score® measures access to public transit.

Bike Score® measures bikeability of a location.

What is a Walk Score®

, Transit Score® & Bike Score?

Walk Score® measures the walkability

of any address. Transit Score®

measures access to public transit. Bike Score®

measures bikeability of a location.®

Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number	232-26-010	Improvements Assessment	$1,063,751 CAD
Land Assessment	$408,826 CAD	Total Assessment	$1,472,577 CAD

PROPERTY TAXES

Parcel Number

232-26-010

Land Assessment

$408,826 CAD

Improvements Assessment

$1,063,751 CAD

Total Assessment

$1,472,577 CAD

(216) 525-1488

CONTACTS

David Leb
Rico Pietro
Kirsten Paratore
Robby Martinelli
Cushman & Wakefield | CRESCO Real Estate

Listing ID: 32521022
Date on Market: 2024-07-19
Last Updated:
Address: 26614-26628 Lorain Rd, North Olmsted, OH 44070

1 of 9

VIDEOS

MATTERPORT 3D EXTERIOR

MATTERPORT 3D TOUR

PHOTOS

STREET VIEW STREET

MAP

26614-26628 Lorain Rd, North Olmsted, OH for sale Building Photo- Image 1 of 9 — 26614-26628 Lorain - MAIN

26614-26628 Lorain Rd, North Olmsted, OH for sale Building Photo- Image 2 of 9 — Building Front - Side Angle

26614-26628 Lorain Rd, North Olmsted, OH for sale Aerial- Image 3 of 9 — Aerial

26614-26628 Lorain Rd, North Olmsted, OH for sale Building Photo- Image 4 of 9 — 26614 Lorain Road - Drone 06

26614-26628 Lorain Rd, North Olmsted, OH for sale Building Photo- Image 5 of 9 — 26614 Lorain Road - Drone 15

26614-26628 Lorain Rd, North Olmsted, OH for sale Building Photo- Image 6 of 9 — 26614 Lorain Road - Exterior 01

26614-26628 Lorain Rd, North Olmsted, OH for sale Building Photo- Image 7 of 9 — 26614 Lorain Road - Exterior 06

26614-26628 Lorain Rd, North Olmsted, OH for sale Building Photo- Image 8 of 9 — 26614 Lorain Road - Exterior 07

1 of 1

AERIAL
MAP
TRAFFIC