4150 OH-306 - Fast Food FOR SALE
Willoughby, OH 44094 |
4150 OH-306
Willoughby, OH 44094
HIGHLIGHTS
- Directly off I-90 along Broadmoor Road, the property enjoys high visibility with over 15,000 daily vehicles and access to public transit.
- Nearly 1-acre lot is a prime opportunity with unparalleled exposure in a dynamic retail corridor, ideal for repurposing.
- Dense retail corridor with major national tenants, including McDonald’s, Dollar General, Red Lobster, Olive Garden, Starbucks, and more.
- Located in front of Red Roof Inn and near Lakeland Community College, the asset is less than 2 miles from Lakes Mall, another area demand driver.
- Investors can tap into a strong and affluent demographic of over 108,000 people with an annual consumer spending of $1.4 billion.
- Willoughby is part of Cleveland's largest retail submarket, where vacancy rates have remained steady and rent growth has accelerated.
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
Former Burger King Institutional Owner
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
TOTAL BUILDING SIZE
2920
STORIES
1
YEAR BUILT
1993
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
21-A-022-0-00-024
