Are you searching for the perfect commercial property to lease in a high-traffic, growing area? Look no further than 61333 Southgate Parkway in Cambridge, Ohio. This 2.67-acre commercial lot is primed for development, offering a flexible and lucrative opportunity for fast food, quick lube, retail, hospitality, office, or mixed-use projects. Situated in a rapidly expanding corridor with incredible exposure to both local traffic and travelers from I-70 and US-40, this property boasts unbeatable accessibility and visibility.
Location Overview
Located just minutes from downtown Cambridge, this property is strategically positioned along the Southgate Parkway corridor. It benefits from consistent traffic flow due to its proximity to a variety of successful businesses, restaurants, and retail hubs that draw in both locals and out-of-town visitors.
Surrounding Businesses
The surrounding area features several nationally recognized brands and local favorites, offering synergy and a steady stream of customers. Neighboring businesses include:
• Walmart Supercenter: A major draw for the area, bringing consistent traffic to Southgate Parkway.
• Lowe’s Home Improvement: Another high-traffic anchor store that attracts contractors, DIY enthusiasts, and homeowners.
• Buffalo Wild Wings: A popular restaurant and sports bar, driving regular foot traffic throughout the week and especially during major sports events.
• Chipotle Mexican Grill, Starbucks, and Cracker Barrel: National chain restaurants located nearby, ensuring a steady flow of both local and transient visitors.
• Holiday Inn Express & Suites, Comfort Inn, and Hampton Inn: These nearby hotels cater to both business travelers and tourists, creating a continuous influx of customers and potential clients for future businesses.
• Sheetz and Speedway Gas Stations: Located nearby, further increasing traffic to the area.
• Adjacent Medical and Financial Offices: Including Southeastern Med Hospital and a variety of dental and family practices, adding to the diverse mix of traffic from professionals, patients, and other service-oriented businesses.
With these high-traffic neighbors and a well-established commercial environment, any business at this location is positioned for success. The area has a strong history of commercial activity, benefiting from steady foot and vehicle traffic.
Property Highlights
The 2.67-acre parcel is a blank canvas for the right tenant, offering numerous opportunities for development. Whether you’re looking to establish a retail space, restaurant, office complex, or multi-use facility, this lot can accommodate various commercial needs. The current zoning allows for flexible usage, making it an ideal spot for businesses seeking a prime location with ample space for parking and expansion.
Key Property Features:
• Sizeable 2.67-acre lot: Perfect for large-scale or multi-tenant developments.
• High-visibility location: Positioned directly off Southgate Parkway with exposure to thousands of vehicles daily.
• Zoning flexibility: Suitable for a wide range of commercial applications, from retail stores to restaurants and office complexes.
• Proximity to key amenities: Close to major highways, shopping centers, hotels, and other key traffic drivers.
• Utilities: All necessary utilities, including water, sewer, and electricity, are readily available on-site.
Owner Willing to Perform Site Work
One of the standout aspects of this offering is the owner’s willingness to perform site work for the right price. This means that significant improvements, such as clearing, grading, and preparation for construction, can be managed as part of the lease agreement. This level of flexibility allows you to jumpstart your development with minimal hassle, saving time and upfront costs in site preparation.
Site Development Options:
• Clearing and Grading: The owner is willing to clear and grade the land, ensuring that it is shovel-ready for development.
• Parking Lot Installation: The site has space for ample parking, with room for designing a large, well-organized lot to accommodate your business needs.
• Infrastructure Installation: For the right price, the owner is open to installing or preparing critical infrastructure, including utility connections and site access improvements.
This flexibility allows you to focus on designing and developing the business or facility while leaving the groundwork to the owner, reducing upfront capital outlay and speeding up the development process.
Accessibility and Traffic
One of the most attractive features of this property is its prime location just off the I-70 and US-40 interchanges. With high daily traffic volumes passing through Southgate Parkway, your business will have significant exposure to both local residents and travelers heading through the region. Additionally, Southgate Parkway itself is a highly frequented corridor, being a major artery that connects various parts of Cambridge and neighboring areas.
Traffic Data:
• I-70: Daily traffic volume of over 35,000 vehicles, ensuring steady exposure.
• US-40: A key national highway that brings regular traffic from surrounding regions and states.
• Southgate Parkway: A major local thoroughfare with strong commercial activity, further enhancing the site’s appeal to a wide range of businesses.
Demographics and Market Potential
The Cambridge area has seen steady growth in both population and economic activity, making this a prime location for businesses looking to capitalize on a dynamic market. The local community is diverse, with a strong mix of families, professionals, and retirees, all of whom frequent this commercial area. Additionally, the presence of nearby hotels and easy access to major highways brings in a large volume of transient customers, boosting the potential for a broad customer base.
Local Demographics:
• Population: Cambridge and surrounding areas have a combined population of approximately 14,000, with a broader market in Guernsey County of over 40,000 people.
• Income Levels: The area sees a mix of middle-income families, young professionals, and retirees with disposable income, making it an attractive location for retail, dining, and services.
• Tourism and Business Travel: Cambridge is a frequent stop for travelers along I-70, including business professionals, tourists, and transport drivers, contributing to regular foot traffic in the commercial districts.
Development Potential
The flexibility of the lot, coupled with the owner’s willingness to assist with site work, opens a wide range of possibilities for this commercial property. From single-tenant retail spaces to multi-tenant office or mixed-use developments, the potential is virtually limitless. The size and shape of the lot allow for easy customizatio
Jalil Carter
Red One Realty
