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27089-27095 Bagley Rd
Olmsted Twp, OH 44138

$8,120,000 USD

Storefront For Sale  •  57,275 SF

Property Details

  • Property Type Storefront
  • Total Building Size 57,275 SF
  • Lot Size 4.87 AC
  • Building Class C
  • Year Built 1985
  • Tenancy Multiple
  • Zoning RB, Olmstead Twp
0 Transit Score
41 Walk Score

Highlights

100% Occupied, 57,275 SF Grocery-Anchored Neighborhood Retail Center in Olmsted Township, OH (Cleveland MSA)
Anchored by Shaker’s MarketPlace (59% of GLA) on NNN Lease thru July 2029
Affluent, Highly-Desirable Area: $128K AHHI within 1-Mile
3-Tenant Outparcel Building w/ Majority Long- Term Leases Included in Sale – Located Directly at Hard Corner Intersection w/ Recent Façade Renovation
All 12 Tenants are NNN, 100% Recovery of Tax/Ins/ CAM Expenses via NNN Lease Structures
91.6% Recovery of Landlord Operating Expenses via Majority NNN Lease Structure

Public Transportation

AirportDriveWalkDistance
Cleveland-Hopkins International 16 min - 8.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 219
Type: Surface
Included in Rent: Yes
Scott Wiles 216-264-2000 Marcus & Millichap
Scott Wiles 216-264-2000 Marcus & Millichap