Retail Center with Stable
For Sale
Contact for pricing
10735-10755 Ravenna Rd, Twinsburg, OH 44087
Retail property for sale featuring a strong tenant lineup.
Property Size115,532 SF
Price / SF$83.94
Days on Market154
Property Features for 10735-10755 Ravenna Rd
General Information
Standard status
Active
Size
115,532 SF
Property subtype
RETAIL
Listing Agency:
Landmark Commercial Real Estate Services
Listed By:
Maxwell Lippitt
(248) 488-2620
Source:
Moodyscre
Added: May 15
Changed: Oct 8
Last Checked: Oct 15 at 2:10AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Landmark Commercial Real Estate Services
Investment Insights
Based on property information with market context.
This retail property features a tenant lineup focused on essential daily use services. The property benefits from capital improvements and dense surrounding demographics that support tenant businesses. The location experiences minimal retailer competition and demonstrates stable occupancy with tenant retention. The property has a size of 115532 square feet.
Key Highlights
- Stable occupancy with tenant retention
- Essential daily use tenant lineup
- Dense demographics supporting tenant uses
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$731,986
Cap Rate
7.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$14,639,720
$14.6M
Cap Rate 7%
$10,456,943
$10.5M
Cap Rate 9%
$8,133,178
$8.1M
Market Conditions
NOI Build-Up for 115,532 SF
Gross rent
$1.08M $9.36/SF
− Vacancy
−$35.7K −$0.31/SF
EGI
$1.05M $9.05/SF
− OpEx
−$313.7K −$2.72/SF
NOI
$732.0K $6.34/SF
Area
Summit County, OH
Vacancy
3.30%
Lease Rate
$9.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$14,639,720
Cap Rate 7%
$10,456,943
Cap Rate 9%
$8,133,178
Alternative Uses
Best Use
Retail
$10.46M
$9.15M – $12.20M
NOI $731,986 @ 7.0% cap · market cap 7.55%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$28.35M
$24.81M – $33.08M
NOI $1,984,681 @ 7.0% cap · market cap 20.47%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
171
Businesses Nearby
8k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 57%
Apparel 37%
Dining 6%
Dollar General
Shops & Services
4,815 visits/mo
0.1 miles
Goodwill
Apparel
3,113 visits/mo
0.1 miles
Gionino's Pizzeria
Dining
474 visits/mo
0.1 miles
Demographics for 44087, OH
22,626
Population
9,146
Households
2.5
Avg Household Size
44
Median Age
47%
College-Educated
95%
High-School Grad
18.0 sq mi
ZIP Area
1,257
Density / Sq Mi
$95,810
Median Household Income
$59,762
Median Earnings
$1,333
Median Rent
$290,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
- Twinsburg Plaza — 10735 Ravenna Rd, Twinsburg, OH 44087
Frequently Asked Questions
What type of property is this?
Shopping center - Retail property for sale featuring a strong tenant lineup.
Where is this shopping center located?
The property is located at 10735-10755 Ravenna Rd Twinsburg, OH.
What is the asking price?
The asking price for this property is $9,697,350.
What are key features of this property?
This property features: Stable occupancy with tenant retention; Essential daily use tenant lineup; Dense demographics supporting tenant uses
