Major Tenants: Kiddie Academy, F45 Training Brecksville, Paint Nail Bar, Bubbakoo's Burritos, Club Pilates, Pulp Juice & Smoothie Bar, Wayback Burgers
Call for Offers: Thursday, October 8th
2 High-Traffic Inline Retail Strips + NNN Leased Single-Tenant Kiddie Academy in High-Income Cleveland Suburb
Strip Centers Serviced By Daily-Needs, Service-Oriented Tenants Including Jersey Mike’s, Club Pilates, Sport Clips, Paint Nail Bar, F45 Training & Wayback Burgers
Single-Tenant NNN-Leased Kiddie Academy With 12 Years Of Remaining Lease Term / Multiple 5-Year Options / Already Separately Parceled
Significant Strip Center Upside via 2,040 SF (10.2% of GLA) Vacant Space Lease-Up; +140bps CAP Rate
Small, Highly-Visible Strip Center Bays / 2,002 SF Avg. Size / 9 of 10 are 2,500 SF or Smaller
Shadowed by High-Volume (Top 30% in Ohio) Giant Eagle Grocery Store with 864K Visits/Year
$164K / $144K / $130K AHHI on 1 / 3 / 5-Mile Basis; Highly Affluent Consumer Base
21,897 VPD on RT-82; with Prime Frontage/Visibility | Immediate Access To I-77 With 67,499 VPD
Replaceable In-Place Strip Center Rents: AVG = $23.25/SF NNN
Dense Retail And Medical Corridor; Strong Surrounding Traffic Drivers such as Nearby University Hospitals and MetroHealth Facilities.
NNN Lease Structures Across All Tenants & Leases / Minimizing Landlord Expense Exposure
Kiddie Academy: Strong Early Childhood Education Tenant With National Footprint / Locally-Based Site-Level Franchisee/Operator