Children's Learning Adventure - Mayfield Heights

1233 SOM Center Road, Mayfield Heights, OH 44124

  • For Sale $7,895,580
  • Property Type Retail - Street Retail
  • Property Size 14,563 SF
  • Lot Size 1.6 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Single Tenant
  • Year Built 2007
  • Year Renovated 2024
  • Date Updated Aug 23, 2024
Close Proximity to the Hillcrest Hospital with 2,000 employees. Fantastic Access to the Interstate 271 Heavily Trafficked intersection with over 60,000 vehicles per day. Trade Area Co-Tenants including Target, Costco, Best Buy, Giant Eagle, Marc’s, ALDI, Starbucks, and many others.Children’s Learning Adventure is pleased to offer qualified investors an opportunity to purchase a fee simple, single-tenant net leased investment fully occupied by Children’s Learning Adventure in Mayfield Heights, Ohio. This asset is ideal for investors seeking long-term, inflation-resistant cash flows, featuring a brand new 15-year lease commencing upon closing, two 5-year renewal periods, scheduled rent increases every 5 years and minimal landlord responsibilities. This 14,563 square foot facility, located on a 1.60 acre lot, is prominently positioned in the dominant retail corridor that draws families from the affluent Gates Mills community. Gates Mills has a median household income of $168,100. The area has a strong white-collar workforce, with over 23,000 employees within a 1.5 mile radius. Neaby Retailers include Target, Costco, Best Buy, Marc’s, ALDI, CVS Pharmacy, Bath & Body Works, Marshalls and many more. *All Photos or Renderings are projected and not-current representations.

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Highlights

  • Investment Highlights:
  • Tenant Sale-Leaseback
  • New 15-Year Primary Lease Term
  • Lease Term Commencing at Close of Escrow
  • NNN Lease with Minimal Landlord Responsibilities
  • 2 additional 5-Year Option Periods
  • Annual Rent of $495,053

Contacts

broker

Kalen Rickard

Western Retail Advisors

Location

Getting Around

  • Walk Score ®

    66/100 Somewhat Walkable
  • Transit Score ®

    32/100 Some Transit
  • Bike Score ®

    49/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Mayfield Heights, OH
  • Neighborhood Mayfield Heights
  • Zip Code 44124
  • Market Cleveland Akron

Points of Interest

  • Warrensville–Van Aken

    6.68 miles

  • Stokes-Windermere Station

    7.62 miles

  • Lake Shore Live Steamers

    8.03 miles

  • Coventry

    8.17 miles

  • Cedar–University

    8.86 miles

  • eVgo

    0.22 miles

  • Costco Gasoline

    0.44 miles

  • Shell

    0.71 miles

  • Shell

    0.81 miles

  • Marathon

    1.14 miles

  • Marathon

    1.26 miles

  • Sunoco

    1.26 miles

  • Marathon

    1.43 miles

  • BP

    2.08 miles

  • Shell

    2.28 miles

  • Hillcrest Hospital Parking Garage

    0.57 miles

  • Colony Square

    0.85 miles

  • High School Football lot

    1.26 miles

  • Wilson Mills Trailhead

    1.93 miles

  • A. B. Williams parking lot

    2.37 miles

  • Horse Trailer Parking

    3.09 miles

  • La Place at Beachwood Place - Garage Parking

    3.54 miles

  • Beachwood Place Parking Garage

    3.54 miles

  • Hyatt Place Parking Garage

    3.70 miles

  • Notre Dame River

    4.14 miles

  • Five Guys

    0.03 miles

  • Hot Head

    0.04 miles

  • Subway

    0.04 miles

  • Honey Baked Ham

    0.05 miles

  • Piccolo Italian Restaurant

    0.06 miles

  • Bibibop Asian Grill

    0.13 miles

  • Georgio's

    0.13 miles

  • Chipotle

    0.13 miles

  • Big Boy's

    0.14 miles

  • Jimmy John's

    0.17 miles

  • Marc's

    0.13 miles

  • Target

    0.23 miles

  • Aldi

    0.32 miles

  • Heinen's

    0.76 miles

  • Fresh Thyme

    0.82 miles

  • Giant Eagle

    0.84 miles

  • Marshalls

    0.86 miles

  • Kohl's

    1.28 miles

  • Big Lots

    1.30 miles

  • Aldi

    2.97 miles

Frequently Asked Questions

How much does Children's Learning Adventure - Mayfield Heights cost?

The space currently listed for sale at Children's Learning Adventure - Mayfield Heights asks for $7,895,580.

What is the total square footage of Children's Learning Adventure - Mayfield Heights?

Children's Learning Adventure - Mayfield Heights totals 14,563 square feet.

When was this property built?

Children's Learning Adventure - Mayfield Heights was built in 2007.

Looking for more in-depth information on this property?

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Contact Listing Broker

broker

Kalen Rickard

Western Retail Advisors