Brookridge Plaza | $297K NOI | Menard’s and Best Buy Shadow Anchored

Highlights:

• 100% LEASED: 80,615 SF, Two-Tenant Shopping Center With Outparcel Opportunity Shadow Anchored by Menards, Arhaus, and Best Buy
• CORPORATE GUARANTEE: 38-Year Operating History for Value City Furniture with 2024 Lease Renewal (10-Year)
• INTERSTATE ADJACENT: Positioned Immediately South of the Ridge Rd & I-480 Interchange, with Combined Traffic Counts in Excess of 157K VPD
• DENSE AND MATURE TRADE AREA: Services a 5-Mile Population of ±328,457 with Average Annual Household Incomes of $71,366
• NATIONAL RETAILERS (1-Mile): Lowe’s, Walmart, Sam’s Club, Home Depot, Aldi, and Many More
• HIGH TRAFFIC SIGNALIZED LOCATION: Strategic Frontage and Visibility on Brookpark Rd with Traffic Counts of ±15,349 VPD

Description:

RI Marketplace Online Auction June 23-25, 2025
Register to bid on Marketplace:

https://rimarketplace.com/auction/2448/brookridge-plaza-297k-noi-menard-s-and-best-buy-shadow-anchored?utm_source=brevitas&utm_medium=listing&utm_campaign=external&utm_content=retail_2448

CBRE and Marcus & Millichap are pleased to offer the opportunity to acquire Brookridge Shopping Center, an 80,615 square foot freestanding two-tenant retail center situated on a 6.76-acre parcel located at 7500 Brookpark Road in Brooklyn, Ohio (the “Property”). The Property is 100% occupied by Value City Furniture, who has been a Tenant since 1986, and the Nightmare Cleveland, who opened in 2022.

Value City Furniture is on a triple net lease and is in its final option term, expiring May 31, 2034 at a below market $4.36/ft NNN rent. Nightmare Cleveland is a permanent haunted house tenant that signed in 2022, recently added another year to its lease, and pays a gross rent of $5.90/ft.

Brooklyn is a first-ring suburb of Cleveland, located just seven miles southwest of downtown in Cuyahoga County. The Property is located in the heart of the Brookpark Road retail trade area, with neighboring tenants including Menards, Best Buy, Walmart, Sam’s Club & located across the highway from Ridge Park Square, which features Lowes, TJ Maxx, Ross Dress for Less, Grocery Outlet, Michaels, Marcs, Starbucks and more.

Thomas Seaman
Auctioneer
License: 2007000016

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