Shopping Strip
University Corners
2151 S Taylor Rd, University Heights, OH 44118
Listing Price: $3,893,000
Investment Overview
43,044 SF Community Retail Center in Dense Urban Submarket of Cleveland MSA. 87 Percent Leased with Immediate Upside via Lease-Up of 5,753 SF Vacant Space Across Four Units. Located at High-Traffic Intersection of Cedar and Taylor Roads with Combined 31,341 VPD. Affluent One-Mile Population with $96,478 Average Household Incomes. Dense Infill Demos of 21,545 People Within One-Mile and 151,033 Within Three-Miles.
University Corners
Investment Highlights
- 43,044 SF Community Retail Center in Dense Urban Submarket of Cleveland MSA
- Family Dollar Drives 231K Annual Visits | Ranks in the Top 2 Percent in Ohio and Top 1 Percent Nationally per Placer.ai
- 87 Percent Leased with Immediate Upside via Lease-Up of 5,753 SF Vacant Space Across Four Units
- Anchored by Family Dollar and Anytime Fitness, Representing 49 Percent of Occupied GLA and 40 Percent of Gross Income. Sherwin-Williams Co-Anchor Generates 22 Percent of Gross Income | Ranks in the Top 3 Percent in Ohio and Top 4 Percent Nationally per Placer.ai
- Located at High-Traffic Intersection of Cedar and Taylor Roads with Combined 31,341 VPD
- Below Replacement Cost at $90 per Square Foot
- Long-Term Anchors with Established Operating Histories | Family Dollar (Since 2018), Anytime Fitness (Since 2011), Sherwin- Williams (Since 2000)
Listing Price: $3,893,000
Investment Highlights
- 43,044 SF Community Retail Center in Dense Urban Submarket of Cleveland MSA
- Family Dollar Drives 231K Annual Visits | Ranks in the Top 2 Percent in Ohio and Top 1 Percent Nationally per Placer.ai
- 87 Percent Leased with Immediate Upside via Lease-Up of 5,753 SF Vacant Space Across Four Units
- Anchored by Family Dollar and Anytime Fitness, Representing 49 Percent of Occupied GLA and 40 Percent of Gross Income. Sherwin-Williams Co-Anchor Generates 22 Percent of Gross Income | Ranks in the Top 3 Percent in Ohio and Top 4 Percent Nationally per Placer.ai
- Located at High-Traffic Intersection of Cedar and Taylor Roads with Combined 31,341 VPD
- Below Replacement Cost at $90 per Square Foot
- Long-Term Anchors with Established Operating Histories | Family Dollar (Since 2018), Anytime Fitness (Since 2011), Sherwin- Williams (Since 2000)
Investment Overview
43,044 SF Community Retail Center in Dense Urban Submarket of Cleveland MSA. 87 Percent Leased with Immediate Upside via Lease-Up of 5,753 SF Vacant Space Across Four Units. Located at High-Traffic Intersection of Cedar and Taylor Roads with Combined 31,341 VPD. Affluent One-Mile Population with $96,478 Average Household Incomes. Dense Infill Demos of 21,545 People Within One-Mile and 151,033 Within Three-Miles.
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