U.S. Bank — Sale in Bedford, OH
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Bedford, OH 44146
Photos


Investment Figures
- Cap rate
- 7.45%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
Property is 100% leased to U.S. Bank through 11/30/2031. Absolute NNN Lease (tenant responsible for roof & structure). Tenant annual rent is $60,000 per year. Lower level: 3,165 SF branch space. First floor: 3,165 SF bank branch. Second floor: 2,673 SF office space. Second floor office space can be accessed by a separate street entrance Investment Highlights: • Property is 100% leased to U.S. Bank through 11/30/2031 • Absolute NNN Lease (tenant responsible for roof & structure) • Tenant has occupied building since Nov. 2011
Market Context
This retail in Bedford, OH is listed for sale. It is offered at an approximate 7.5% capitalization rate, a key benchmark for income-producing retail assets. Compare it against other retail listings for sale in Bedford, OH — view the full market.
As of Q1 2026, the Cleveland retail market showed a 5.1% vacancy rate, average asking rents near $16.10/SF/yr, rents up 0.7% year over year, and cap rates around 8.8%. Source: Matthews Q1 2026 market report.
Its 7.5% asking cap rate is below the Cleveland retail market average of about 8.8%, reflecting premium pricing relative to comparable assets. Rising rents point to a competitive market where well-priced, well-located assets trade quickly.
Retail market FAQ
- What is the typical cap rate for retail in Cleveland?
- About 8.8% as of Q1 2026, per Matthews.
- Is the Cleveland retail market tightening or softening?
- Vacancy is around 5.1%, with asking rents rising year over year (Q1 2026).
Contact
- Steve Sauter · (650) 391-1803 · steve.sauter@marcusmillichap.com
- Michael Glass · (216) 264-2000
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