- For Sale $8,143,000
- Property Type Retail - Street Retail
- Property Size 25,684 SF
- Lot Size 2.73 Acre
- Additional Rent Contact for pricing
- Date Updated Jun 15, 2024
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Attachments
Highlights
- 100% Occupied 25,684 sf NNN Retail Center
- A+ Real Estate Fundamentals Supporting Long Term Tenant Success
- Insulated location directly off of I-271 which sees 171,807 vehicles per day
- Irreplaceable real estate positioned on a heavily trafficked signalized intersection at exit 29 & Chagrin Blvd combining for 36,773 vehicles per day.
- Densely populated & highly affluent market with over 190k residents within 5-miles and $200k Household Income within 1-mile
- 1.7% submarket vacancy (general retail) and strength of real estate promotes long term Retailer demand for the subject location.
- Performing Tenant Mix with Strong Sales, Prompting Long Term Commitment
- This is Choolaah’s flagship store and by far their top performer out of 6 locations; Choolaah has been operating at the subject location since 2015 and signed a fresh 10 year extension in December 2023.
- LJI Collision is a highly successful single-unit Auto Repair & Restoration operator with strong, consistently growing sales. They have been operating at the subject location since 2010 and recently extended for 5 years in April 2023.
- Annual Rent Increases providing NOI Compound Annual Growth Rate of 2.38% over a 10 Year hold period
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Contacts
Location
Getting Around
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Walk Score ®
53/100
Somewhat Walkable
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Bike Score ®
41/100
Somewhat Bikeable
- City Beachwood, OH
- Neighborhood Orange
- Zip Code 44122
- Market Cleveland Akron
Points of Interest
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Warrensville–Van Aken
2.67 miles
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Coventry
5.27 miles
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Superior
6.90 miles
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Stokes-Windermere Station
6.95 miles
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Buckeye–Woodhill
6.99 miles
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East 79th
7.71 miles
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East 55th
8.67 miles
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Rockside
8.90 miles
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Canal Exploration Center
9.12 miles
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Speedway
0.28 miles
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BP
0.59 miles
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Sunoco
2.30 miles
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StarLion Express
3.14 miles
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Shell
3.17 miles
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South-East Harley Davidson
3.40 miles
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eVgo
4.94 miles
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ChargePoint
5.77 miles
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Tesla Destination Charger
5.77 miles
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Leviton
9.63 miles
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Pinecrest Parking Garage
0.64 miles
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Beachwood Place Parking Garage
2.43 miles
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La Place at Beachwood Place - Garage Parking
2.67 miles
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Boler Lot
2.95 miles
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Pacelli Lot
2.96 miles
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Carroll Expansion Lot
2.97 miles
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Dolan East Lot
2.98 miles
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Hyatt Place Parking Garage
3.01 miles
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JACK Thistledown Racino Parking Garage
3.01 miles
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Grasselli Lot
3.07 miles
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Bob Evans
0.25 miles
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Wasabi
0.30 miles
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Chipotle
0.31 miles
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Texas de Brazil
0.34 miles
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Hyde Park Prime Steakhouse
0.37 miles
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P.F. Chang's
0.42 miles
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Mitchell's Fish Market
0.44 miles
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City Works
0.49 miles
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Condado Tacos
0.50 miles
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Winking Lizard Tavern
0.51 miles
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Target
0.07 miles
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Trader Joe's
0.39 miles
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Whole Foods Market
0.85 miles
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Giant Eagle
1.03 miles
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Big Lots
1.08 miles
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Marshalls
1.20 miles
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Heinen's
1.37 miles
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Nordstrom
2.48 miles
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Dillard's
2.50 miles
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Beachwood Place
2.53 miles
Frequently Asked Questions
How much does Choolaah & LJI Collision cost?
The space currently listed for sale at Choolaah & LJI Collision asks for $8,143,000.
What is the total square footage of Choolaah & LJI Collision?
Choolaah & LJI Collision totals 25,684 square feet.
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Contact Listing Broker
Alex Van Krevel
Passov Real Estate Group
