6025 Kruse Dr - Storefront FOR SALE


Solon, OH 44139
$25,279,000 USD
415-274-2702
6025 Kruse Dr, Solon, OH for Sale
$25,279,000 USD
Storefront - FOR SALE
1/6
null | Request Cap Rate

6025 Kruse Dr
Solon, OH 44139


HIGHLIGHTS

  • Major leasing transformation, with roughly 145,000+ square feet leased, renewed, or scheduled to commence since December 2023, ~80% of GLA
  • Recent leasing includes Ace Pickleball Club, ONYX Fitness, Kids Empire, Mobility Plus, Mavis Public House, John Robert’s Spa, The Vital Stretch
  • The center is now 100% occupied, demonstrating strong tenant demand for well-located service and experiential retail space within the Solon submarket
  • Uptown Solon features a diversified roster of necessity-based service and experiential tenants that are highly resistant to e-commerce disruption
  • Uptown Solon is located in Solon, Ohio, one of the most affluent and desirable suburbs within the Cleveland metropolitan area
  • The property benefits from excellent regional accessibility via US-422 and SR-91, two of the primary commuter corridors

OVERVIEW

Uptown Solon presents the opportunity to acquire a fully leased neighborhood retail center that has undergone a substantial leasing transformation in recent years. Anchored by Tractor Supply and Ace Pickleball Club, the property features a highly curated mix of service, fitness, childcare, restaurant, and experiential tenants that collectively drive repeat daily visitation and establish the center as a true community retail destination. The tenant roster has been significantly upgraded through a wave of recent leasing activity, with approximately 80% of the center’s GLA leased, renewed, or scheduled to commence since late 2023. This leasing momentum underscores the strength of the Solon trade area and the property’s positioning within the broader Cleveland metropolitan area.

FOR SALE DETAILS

PRICE

$25,279,000 USD

PRICE/SF

$185 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Uptown Solon

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

837

LAND DETAILS

LAND ACRES

18.35 AC

LAND SF

799,326 SF

ZONING

-

APN/PARCEL ID

952-19-018,952-19-032

ASK ABOUT THIS PROPERTY

Zeb RippleCP Partners CREMore Info
415-274-2702

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Zeb RippleCP Partners CREMore Info
415-274-2702

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