382 Blackbrook Rd
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
382 Blackbrook Rd
9,188 SF Office Building Painesville, OH 44077 $1,250,000 ($136/SF) 9.73% Cap Rate
Investment Highlights
- 9,188 SF facility on 1 acre site with excellent visibility and access
- Single Tenant, NN (double net) long term lease in place
- Leased through 6/30/2028 with yearly increases
- Fully licensed and operating medicinal/recreational marijuana facility
- Proven operator (Bloom) with multiple locations across the country
Executive Summary
9,188 SF facility situated on a 1 AC site with excellent visibility and access. Fully licensed and operational, catering to both medicinal and recreational marijuana markets. Single-tenant property with a long-term double net (NN) lease in place. Proven operator (Bloom) with multiple locations nationwide. Lease extends through 6/30/2028, with 3.0% annual rent increases.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
9,188 SF
Building Class
A
Year Built/Renovated
1998/2024
Price
$1,250,000
Price Per SF
$136
Cap Rate
9.73%
NOI
$121,637
Tenancy
Single
Building Height
1 Story
Typical Floor Size
9,188 SF
Building FAR
0.21
Lot Size
1.00 AC
Zoning
NE-Z4 (Outer NE Area)
Parking
32 Spaces (3.48 Spaces per 1,000 SF Leased)
Amenities
- Security System
- Air Conditioning
MAJOR TENANTS Click Here to Access
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- Bloom Medicinal
- Services
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
| Bloom Medicinal | Services | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
1 of 1
PROPERTY TAXES
| Parcel Number | 11-B-064-A-00-023 | Improvements Assessment | $176,290 (2023) |
| Land Assessment | $34,300 (2023) | Total Assessment | $210,590 (2023) |
PROPERTY TAXES
Parcel Number
11-B-064-A-00-023
Land Assessment
$34,300 (2023)
Improvements Assessment
$176,290 (2023)
Total Assessment
$210,590 (2023)
1 of 6
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
382 Blackbrook Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.