4740 RIDGE RD

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4740 RIDGE RD

Brooklyn, OH
Asking Price
$2.37M
Asset Type
Retail
Class
Class B

What's Special

4740 Ridge Road is situated in a high-traffic retail corridor in Brooklyn, Ohio, located approximately six miles south of downtown Cleveland. The property benefits from its position at a signalized intersection within a dense commercial district, characterized by a mix of national retailers and local service providers. Nearby amenities include various dining options, financial institutions, and the Ridge Park Square shopping center. The location offers efficient transportation access, sitting less than one mile from the Interstate 480 interchange, which connects the site to the broader Cleveland metropolitan area and Cleveland Hopkins International Airport. This retail asset is optimally suited for high-volume quick-service restaurant operations or small-scale retail tenants requiring significant drive-by visibility. The site infrastructure typically supports businesses focused on consumer convenience, such as coffee shops, fast-casual dining, or cellular service providers. A typical tenant profile includes national franchises or established regional operators that leverage high daily vehicle counts and morning commuter patterns. The layout and zoning favor businesses that benefit from both dedicated parking and easy ingress from Ridge Road, catering to the surrounding residential base and the daytime workforce within the immediate trade area.

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NOI
$80,000
Cap Rate
3.38%
DSCR
0.57
Underwater
Cash-on-Cash
-8.54%
Monthly Payment
$11,725.467
Annual Cash Flow
$-60,705.603

Location & Travel Times