1055 W Royalton Rd

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1055 W Royalton Rd

Broadview Heights, OH 44147
Asking Price
$1.30M
Asset Type
Retail
Class
Class B

What's Special

1055 West Royalton Road is situated in the suburban community of Broadview Heights, Ohio, approximately 15 miles south of downtown Cleveland. The property is located along State Route 82, a primary east-west commercial corridor characterized by a mix of professional offices, local businesses, and national retailers. The site features immediate proximity to the Interstate 77 interchange, facilitating regional access for commuters and visitors. Nearby amenities include various dining options, medical facilities, and residential neighborhoods, providing a consistent flow of local traffic through the immediate area. This retail asset is suited for businesses seeking visibility within a high-traffic suburban market. Potential use cases include specialty boutiques, service-oriented retail, medical clinics, or professional storefronts. The typical tenant profile consists of established local operators or regional franchises that benefit from the area’s stable demographic base and strong vehicular counts. The property’s layout and location support businesses that prioritize ease of access for a client base drawn from Broadview Heights and the surrounding municipalities of Brecksville and North Royalton.

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NOI
$80,000
Cap Rate
6.16%
DSCR
1.04
Tight
Cash-on-Cash
0.74%
Monthly Payment
$6,426.743
Annual Cash Flow
$2,879.081

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