Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Retail Space in Lyndhurst, OH Title is generated by Realmo AI

    25145-27105 Cedar Rd, Lyndhurst, OH

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Retail property in Lyndhurst, OH with high customer traffic.

    Type:RETAIL
    Property size:
    3,585 SF
    Lot size:
    14.35 Acres
    Added:
    Mar 21, 2024
    Days on Market:
    808
    Last Refresh:
    May 19 at 10:26 pm

    Property Features for 25145-27105 Cedar Rd

    General Information

    Standard status
    Active
    Size
    3,585 SF
    Lot size
    14.35 Acres
    Property subtype
    RETAIL

    Spaces For Lease

    at 25145-27105 Cedar Rd Contact us

    We can help!

    Listing Contact
    Zachary Sogoloff
    Zachary Sogoloff

    Listing agent Zachary Sogoloff License #OH SAL.2014002191

    Listing office Goodman Real Estate

    Listing date Mar 21, 2024

    Source Moodyscre

    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 Goodman Real Estate

    HighLights

    • Caters to Cleveland's high‑income Eastside consumers, located within 15 minutes of affluent communities.
    • High customer traffic with over 4.3 million annual visitors.
    • Home to the largest collection of home furnishings in the metro area, including exclusive retailers like Crate & Barrel.
    • Features 9 special dining establishments, including popular chains like The Capital Grille and The Cheesecake Factory.
    • Hosts over 50 special events annually on The Lawn.
    • Benefits from a large daytime population (93,040 within 5 miles) and proximity to major employers (Cleveland Clinic, University Hospitals).

    Overview

    This retail property, encompassing 3,585 square feet, is situated in Lyndhurst, OH. It benefits from its location within a major retail hub that features the largest collection of home furnishings in the metro area. The location draws guests regionally from Cleveland, Akron-Canton area with a population over 3.5 million. Anchored by a Crate & Barrel, Arhaus, Ethan Allen, Tempur-pedic and Lovesac, the property is also near nine dining establishments, including The Capital Grille, The Cheesecake Factory, and Brio. The location hosts over 50 special events each year. The surrounding area has a daytime population of 93,040 within a 5-mile radius and over 4.5 million square feet of suburban office space. Major area employers include Cleveland Clinic, University Hospitals, Progressive Insurance, Sherwin-Williams, Eaton Corporation, Weston, Parker Hannifin, and KeyCorp. The location attracts over 4.3 million customers annually and is within a 15-minute drive of affluent communities such as Shaker Heights, Pepper Pike, Moreland Hills, Solon, and Beachwood.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Map

    City
    Lyndhurst
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.466
    Latitude
    41.5003

    Nearby Similar for Lease

    • Contact for pricing
      350 SF

      Office Suites Available for Lease

      Attractive office suites for smaller tenants with ample parking.
      5010 Mayfield Rd, Lyndhurst, OH
      View Details
    • Contact for pricing
      720 SF

      Flexible Office Suites For Rent

      Office suites available in Lyndhurst, Ohio, with ample parking.
      5001 Mayfield Rd, Lyndhurst , OH
      View Details
    • $25 SF/Yr
      3,250 SF

      Medical/Office Space Near I-271

      Prominent medical/office building with access to I-271.
      29001 Cedar Rd, Lyndhurst, OH
      View Details
    • Contact for pricing
      2,100 SF

      Retail Space on Mayfield Road

      Retail space available in high-traffic Lyndhurst location.
      5141 Mayfield Rd, Lyndhurst, OH
      View Details
    • Contact for pricing
      1,540 SF

      Retail Space in Lyndhurst, Ohio

      Retail space available in a high-traffic shopping center.
      24545-24741 Cedar Rd, Lyndhurst, OH
      View Details
    • Contact for pricing

      Prominent Medical/Office Building Near I-271

      Medical and office spaces with access to a large population.
      29001 Cedar Road, Lyndhurst, OH, 44124
      View Details
    • Contact for pricing
      2,718 SF

      Retail End-Cap on Mayfield Road

      2,718 SF retail space with frontage and signage.
      5437-5465 Mayfield Rd, Lyndhurst, OH
      View Details
    • Contact for pricing
      5,240 SF

      Retail Space on Mayfield Road

      Retail space available in a newly remodeled building.
      5400-5404 Mayfield Rd, Lyndhurst, OH
      View Details
    • Contact for pricing
      2,100 SF

      Retail Building with Ample Parking

      4,200 SF retail building with 30 parking spaces.
      5456 Mayfield Rd, Lyndhurst, OH
      View Details
    • Contact for pricing
      2,935 SF

      Former Restaurant Space For Lease

      2,935 SF former restaurant space available for lease.
      5096 Mayfield Rd, Lyndhurst, OH
      View Details
    • Contact for pricing
      2,725 SF

      Mayfield Road Retail/Office Space

      2,725 SF office/retail suite on Mayfield Road available for rent.
      5280 Mayfield Rd, Lyndhurst, OH
      View Details
    • Contact for pricing
      3,876 SF

      Retail Space in Lyndhurst, OH

      Retail space available for lease in Lyndhurst, Ohio.
      5637 Brainard Rd, Lyndhurst, OH
      View Details

    FAQs

    What type of property is this?
    Shopping center - Retail property in Lyndhurst, OH with high customer traffic.
    Where is this shopping center located?
    The property is located at 25145-27105 Cedar Rd Lyndhurst, OH.
    What are key features of this property?
    This property features: Caters to Cleveland's high‑income Eastside consumers, located within 15 minutes of affluent communities.; High customer traffic with over 4.3 million annual visitors.; Home to the largest collection of home furnishings in the metro area, including exclusive retailers like Crate & Barrel.
    (216) 381-8200 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Zachary Sogoloff
    Zachary Sogoloff
    Real Estate License ID: OH SAL.2014002191
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    25145-27105 Cedar Rd, Lyndhurst, OH
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!