10735 Ravenna Rd - Retail FOR SALE


Twinsburg, OH 44087
$9,697,350 USD
313-287-4673
10735 Ravenna Rd, Twinsburg, OH for Sale
$9,697,350 USD
Retail - FOR SALE
1/8
null | 8% Cap Rate

10735 Ravenna Rd
Twinsburg, OH 44087


HIGHLIGHTS

  • Essential Daily Use Tenant Lineup
  • Capital Improvement Investment
  • Dense Demographics Supporting Tenant Uses
  • Minimal Retailer Competition
  • Stable Occupancy with Tenant Retention

OVERVIEW

Twinsburg Plaza is a 115,532 square-foot, multi-tenant neighborhood retail center situated on 13.6 acres at 10735–10755 Ravenna Road in Twinsburg, Ohio, strategically positioned within the Cleveland–Akron suburban corridor. The property is fully occupied and features a diverse mix of essential daily-use and service-oriented tenants, anchored by nationally recognized operators including Dollar General, Goodwill Industries, and Onyx Health Club 24/7, which collectively drive consistent neighborhood traffic and recurring consumer demand. The center provides 630 parking spaces (5.24 per 1,000 SF) and benefits from strong frontage and accessibility along Ravenna Road. Twinsburg Plaza generates approximately $1,140,000 in total gross revenue and $775,788 in in-place net operating income, offering stable cash flow with upside through contractual lease escalations. The asset has received over $1M in capital improvements in the past decade, including new TPO roofing systems and multiple HVAC replacements, reducing near-term capital risk. Supported by strong surrounding demographics, including an average household income exceeding $150,000 within a three-mile radius, and limited new neighborhood retail supply, Twinsburg Plaza presents a compelling opportunity to acquire a stabilized retail asset in a durable suburban trade area.

FOR SALE DETAILS

PRICE

$9,697,350 USD

PRICE/SF

$81 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Twinsburg Plaza

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1965

SPRINKLERS

-

PARKING SPACES

630

LAND DETAILS

LAND ACRES

13.6 AC

LAND SF

592,416 SF

ZONING

C-2

APN/PARCEL ID

64-03551,64-03552,64-03554

ASK ABOUT THIS PROPERTY

Jack MeltonLandmark Commercial RE ServicesMore Info
313-287-4673

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Jack MeltonLandmark Commercial RE ServicesMore Info
313-287-4673

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.