50 W Bridge St - Supermarket FOR SALE
Berea, OH 44017 |
50 W Bridge St
Berea, OH 44017
HIGHLIGHTS
- MARKET DOMINANT GROCERY ANCHOR Parkway Shoppes is anchored by Giant Eagle Supermarket, the market leading grocer in northeast Ohio with a 32% market
- DESIRABLE INFILL LOCATION | COLLEGE TOWN Positioned steps from Berea’s downtown “Main Street District” and surrounded by dense residential communitie
- STRONG DEMOGRAPHIC PROFILE Berea is located approximately 13 miles southwest of downtown Cleveland. The area features 61,200 residents within a 3-mil
- OUTSTANDING ACCESSIBILITY Parkway Shoppes is located near the confluence of several arterial transit routes serving the Cleveland MSA, including Inte
- LOW BASIS INVESTMENT OPPORTUNITY An investor has the rare opportunity to acquire a longstanding grocery anchored shopping center at a low basis and f
- UPSIDE POTENTIAL Parkway Shoppes is currently 96.7% occupied, providing an investor the upside potential via the lease-up of the two existing shop va
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
Parkway Shoppes
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Supermarket
TOTAL BUILDING SIZE
60501
STORIES
1
YEAR BUILT
1951
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
364-08-004,364-08-006
