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4136 Pearl Rd

3,627 SF Retail Building Medina, OH 44256 $1,375,000 ($379/SF)

Investment Highlights

  • Freestanding Restaurant Across From Walmart
  • Traffic count: ±15,000 per day
  • FOR SALE: $1,375,000 or FOR LEASE: $34/SF NNN

Executive Summary

This property includes 3,627 SF of retail space on 1.19 acres with a commercial kitchen, 10-person bar and outdoor patio. The current tenant has a lease through October 31, 2025 and will be moving their location to stay within Medina. Currently, the restaurant has seating for over 100 guests and there is a small waiting area as you walk in. Zoning is Medina Township's Business Intensive, allowing for many retail uses.

Taxes & Operating Expenses (Actual - 2024)

Annual Annual Per SF
Taxes $16,055 $3.98
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2024)

Taxes
Annual $16,055
Annual Per SF $3.98
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $16,055
Annual Per SF $3.98

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,627 SF
Building Class
C
Year Built
2000
Price
$1,375,000
Price Per SF
$379
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.06
Lot Size
1.30 AC
Zoning
Medina Township Business
Parking
50 Spaces (13.79 Spaces per 1,000 SF Leased)
Frontage
215 FT on Pearl Rd

Nearby Major Retailers

Five Guys
Applebee's
Quaker Steak & Lube
Bob Evans Restaurants
WW
LongHorn Steakhouse
Huntington National Bank
First Watch
Starbucks
KeyBank
  • Listing ID: 33671608

  • Date on Market: 10/29/2024

  • Last Updated:

  • Address: 4136 Pearl Rd, Medina, OH 44256

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