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29664713
29664717

791 Pearl Rd, Brunswick, OH 44212

AK
OH OH SAL.2014001626, NY NY 10401309297
Anchor Retail
Listed by Anchor Retail
$2,690,275
123 days on market
Updated 4 days ago

Rolling Hills Plaza

Details
Property Type Retail
Sub Type Shopping Center
Square Footage 43,966
Units 14
Cap Rate 8.11%
NOI $218,181
Occupancy 91%
Tenancy Multi
Brand/Tenant Dollar General
Lease Type NN+
Price per SqFt $61
Class B
Year Built 1974
Stories 1
Acreage 4.000
Zoning Commercial
Parking Spaces spaces
Investment Type Value Add
Ownership Fee Simple

Dollar General-Anchored Neightborhood Retail | 8.11% CAP | 43,966 SqFt

Marketing description

Anchor Retail is proud to exclusively represent ownership in the sale of Rolling Hills Plaza. The center at 791-839 Pearl Road is a well-located, ±43,000 square foot neighborhood center serving the growing, affluent community of Brunswick, Ohio. Strategically positioned along busy Pearl Road with 16,500+ vehicles per day, the center enjoys strong daily visibility and convenient access for both local residents and regional commuters traveling between Brunswick and Strongsville.

Investment highlights

Location & Traffic:

  • Prime frontage on Pearl Road, Brunswick’s main commercial artery, delivers excellent exposure and easy ingress/egress for shoppers making quick convenience and weekly destination trips.

  • The Pearl Road corridor benefits from healthy traffic volumes monitored by state and regional agencies, supporting a reliable customer base for retailers and service users at the center.

Tenant Mix & Traffic Drivers:

  • The plaza is Dollar General-anchored, providing a strong national value-oriented draw and consistent daily traffic from budget-conscious and convenience-minded shoppers.

  • Additional inline retailers and service tenants complement the anchor, creating an attractive mix that captures repeat visits and cross-shopping from nearby neighborhoods and mobile home and apartment communities along Pearl Road.

Employment Base & Business Climate:

  • Brunswick’s economy is anchored by a diverse base of locally-owned and privately-held firms in manufacturing, research and development, retail, and event services, supporting a solid daytime population and stable employment.

  • City-backed economic development efforts, attractive business incentives, and proximity to major transportation routes continue to draw new and expanding companies, reinforcing long-term demand for nearby retail and services.

Demographics & Recent Momentum:

  • The Brunswick trade area features strong middle-income demographics, homeownership, and steady population growth, translating into reliable spending on groceries, value retail, healthcare, dining, and daily-needs categories served by Rolling Hills Plaza.

  • Continued investment in regional transportation infrastructure, together with positive business relocation trends into Brunswick, underscores the area’s overall economic vitality and supports future upside for well-positioned neighborhood centers along the Pearl Road corridor.

Listing Contacts

AK
OH OH SAL.2014001626, NY NY 10401309297
Anchor Retail
Listed by Anchor Retail

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$218,181.00
$18,181.75/mo

Valuation Metrics

0
DSCR
8.11%
Cap Rate
8.11%
ROI

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Additional Information

Name
Arthur Kaplan
License
OH SAL.2014001626
Brokerage
Anchor Retail
Title
Real Estate Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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