Shopping Centers in Parma, Ohio offer a unique investment opportunity for those looking to capitalize on the city's growing commercial sector. With a strong focus on safety and a diverse economy, Parma has become an attractive location for businesses and investors alike. Shopping Centers in Parma can represent a range of investments, from small strip malls to larger retail complexes, offering a variety of opportunities for investors to diversify their portfolios. Parma's amenities, such as the University Hospitals Parma Medical Center and West Creek Reservation, make it an attractive location for businesses and residents. The city's infrastructure, including major roads like West 130th Street and Ridge Road, provides easy access to surrounding areas. Additionally, Parma's educational institutions, such as Bryant & Stratton College and Cuyahoga Community College Western Campus, contribute to the city's skilled workforce. With its rich history and strong sense of community, Parma is an excellent location for businesses and investors to establish themselves. The city's attractions, such as the Ukrainian Village and Polish Village, offer a unique cultural experience for residents and visitors alike.
Currently, there are 1 Shopping Centers for sale in Parma, Ohio, offering a range of investment opportunities. The average price per square foot for Shopping Centers in Parma is $39 USD, with an average size of 80,615 square feet. The largest Shopping Center available for sale is 80,615 square feet. In addition to Shopping Centers, Parma also offers a range of other investment opportunities, including Restaurants, Specialty Properties, Land, and Office Properties. For example, Restaurants in Parma offer a chance to capitalize on the city's growing food scene, while Specialty Properties provide a unique opportunity to invest in a specific industry or niche. Land in Parma can be used for a variety of purposes, from development to agriculture, and Office Properties offer a chance to invest in the city's growing commercial sector. With its diverse economy and range of investment opportunities, Parma is an excellent location for businesses and investors to establish themselves.
What is the average cap rate for shopping centers in Parma?
For investors seeking shopping centers in Parma, Ohio, the average cap rate is 8.25%, which can provide a promising return on investment in this city with a strong commercial sector and diverse economy.
