16620 Royalton Rd - Freestanding FOR SALE


Strongsville, OH 44136
$3,150,000 USD
216-658-6120
16620 Royalton Rd, Strongsville, OH for Sale
$3,150,000 USD
Freestanding - FOR SALE
1/13
null | Request Cap Rate

16620 Royalton Rd
Strongsville, OH 44136


HIGHLIGHTS

  • Located at signalized intersection with nearly 55,000 VPD traffic counts
  • Outlot to #1 Costco in NE Ohio & strong performing Chick-Fil-A, across from Southpark Mall & Cleveland Clinic, in a super-regional retail trade area
  • Excellent demographics: average household income of $128,936 within a 3-mile radius

OVERVIEW

6,187 SF former NTB situated on 1.02 AC (full set of historical as built plans available). This prominent site features unparalleled visibility and accessibility, with a billboard-like presence along Royalton Road, across from South Park Mall and the Cleveland Clinic. Standout location - arguably one of the best outlot pad sites in the greater Cleveland area. The Strongsville retail node is the second most visited retail trade area in NE Ohio with 15 million annual visits (via Placer.ai Retail Node 6100)

FOR SALE DETAILS

PRICE

$3,150,000 USD

PRICE/SF

$509 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Flagship Location - 6,187 SF on 1.02 AC

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Auto Repair, Fast Food, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1992

SPRINKLERS

-

PARKING SPACES

24

LAND DETAILS

LAND ACRES

1.02 AC

LAND SF

44,431 SF

ZONING

MS, Strongsville

APN/PARCEL ID

396-14-013

ASK ABOUT THIS PROPERTY

Joseph KhouriCBRE, Inc.More Info
216-658-6120

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Joseph KhouriCBRE, Inc.More Info
216-658-6120

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