US Bank
- $1,811,364
US Bank
- $1,811,364
Property Highlights
- Corporate Guaranteed Lease: Backed by U.S. Bank, providing long-term security and credit-rated income.
- Absolute Net Structure: Tenant responsible for all expenses; true passive, zero-landlord-responsibility investment.
- Long-Term Stability: Tenant recently executed a 10 year extension of the lease with 10% rent increases every five years and market rent at options.
- Attractive Income Stream: $99,625 annual NOI with predictable escalation and no near-term rollover risk.
- Prime Retail Corridor Location: Positioned along Pearl Road (State Route 42), Strongsville’s dominant retail artery.
- Surrounded by Major National Retailers: Near Costco, Target, Home Depot, T.J. Maxx, Heinen’s, Best Buy, Petco, and SouthPark Mall, driving strong consumer traffic.
- Strong Demographics: $113,673 average household income within 1 mile and daytime population of 44,785 within 3 miles.
- Well-Maintained Asset: 6,982 SF building on 0.65 acres, originally built 1965 and renovated in 2013 & 2025, minimizing capital needs.
Details
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Price $1,811,364
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Year Built 1965/2013/2025
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Property Type Single Tenant
Additional Details
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Cap Rate 5.50%
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APN 393-19-035
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Lot Size 0.65 AC
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Rentable Area 6,982 SF
Address
Open on Google Maps-
Address: 14444 Pearl Rd
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State/county: Ohio
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Zip/Postal Code: 89084










