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4836-4838 Northfield Rd
Cleveland, OH 44128
 Retail Property For Sale

Retail Buildings Ohio Cleveland 4836-4838 Northfield Rd, Cleveland, OH 44128

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Investment Highlights

  • NORTH RANDALL CENTER – 100% OCCUPIED 2-TENANT STRIP CENTER
  • ANCHORED BY RANDALL PARK HIGH SCHOOL
  • STRATEGIC LOCATION
  • TRIPLE NET (NNN) LEASE STRUCTURE
  • STRONG TRAFFIC COUNTS – LOCATED NEXT TO MAJOR HIGHWAY
  • CLEVELAND MSA

Executive Summary

PRICING: $1,880,000
CAP RATE: 9.00%
NOI: $169,212
TENANTS: 2
BUILDING SIZE: 13,500 SF

Property Facts

Sale Type
Investment NNN
Sale Conditions
Build to Suit
Property Type
Retail
Property Subtype
Freestanding
Building Size
13,500 SF
Building Class
B
Year Built
1984
Price
$2,617,073 CAD
Price Per SF
$193.86 CAD
Cap Rate
9%
NOI
$235,537 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.27
Lot Size
1.13 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
Commercial
Parking
51 Spaces (3.78 Spaces per 1,000 SF Leased)
Frontage
218’ on Northfield Rd

Links

Property Taxes

Parcel Number 771-08-011 Improvements Assessment $468,412 CAD
Land Assessment $73,127 CAD Total Assessment $541,539 CAD

Property Taxes

Parcel Number
771-08-011
Land Assessment
$73,127 CAD
Improvements Assessment
$468,412 CAD
Total Assessment
$541,539 CAD
 

  • Listing ID: 41703800

  • Date on Market: 2026-08-11

  • Last Updated:

  • Address: 4836-4838 Northfield Rd, Cleveland, OH 44128

The Retail Property at 4836-4838 Northfield Rd, Cleveland, OH 44128 is currently available for Sale. Contact CBRE for more information.

RETAIL PROPERTIES IN NEARBY NEIGHBORHOODS

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