Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    5 Atterbury Blvd Hudson, OH

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    2,277 SF retail space in Hudson, OH for lease.

    Type:RETAIL
    Property size:
    2,277 SF
    Lot size:
    1.45 Acres
    Added:
    Dec 10, 2024
    Days on Market:
    505
    Last Refresh:
    Apr 5 at 11:12 pm

    Property Features for 5 Atterbury Blvd

    General Information

    Standard status
    Active
    Size
    2,277 SF
    Lot size
    1.45 Acres
    Property subtype
    RETAIL

    Spaces For Lease

    at 5 Atterbury Blvd Contact us

    We can help!

    Listing Contact
    Catherine Lueckel

    Listing agent Catherine Lueckel

    Listing office Matthews Real Estate Investment Services | Cleveland

    Listing date Dec 10, 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 Matthews Real Estate Investment Services | Cleveland

    Overview

    Retail Space in Hudson, OH

    This retail space, formerly a wireless store, offers approximately 2,277 square feet of area. It is located at the corner of Route 303 and Atterbury Boulevard in Hudson, Ohio, at a signalized intersection with a traffic volume of over 14,000 vehicles per day. The property is within walking distance of downtown Hudson, including the First & Main Shopping District and Hudson Green, which hosts numerous events throughout the year. Hudson was voted as the best community to raise a family in 2018 and features strong demographics and a desirable school district.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    everbowl (Bike/Boat/Book/etc) Store Chipotle Mexican Grill Take-out & Catering

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hudson
    County
    Summit
    State
    Ohio
    Longitude
    -81.4456
    Latitude
    41.2406

    Nearby Similar for Lease

    • $4,583/Mo

      Hudson Office Space For Lease

      Second-floor office space with multiple offices, conference rooms, and amenities.
      6395 Chittenden Road, Hudson, OH 44236
      View Details
    • $9,167/Mo

      Hudson Office Building For Lease

      2,500-10,000 SF office space in Hudson's South Park.
      1920 Georgetown Road, Hudson, OH 44236
      View Details
    • $180 SF/Yr

      Hudson Office Space For Rent

      Versatile office spaces in Hudson with flexible lease terms.
      75-77 Milford Drive, Hudson, OH 44236
      View Details
    • $14 SF/Yr

      Well-Designed Office Space Available

      Office space for rent with plentiful parking and upgraded finishes.
      5601-5611 Hudson Dr, Hudson, OH
      View Details
    • Contact for pricing

      Hudson Acme Plaza Retail Space

      Retail space in high-income area anchored by Acme Fresh Market.
      118 - 178 W. Streetsboro Rd, Hudson, OH 44236
      View Details
    • Contact for pricing

      Warehouse/Distribution Space For Lease

      Warehouse and distribution suites available with convenient highway access.
      1217 Norton Rd # 1227, Hudson, OH 44236
      View Details
    • Contact for pricing

      Office Building or Daycare Facility

      Potential office building or daycare facility for rent.
      Executive Parkway, Hudson, OH, 44237
      View Details
    • Contact for pricing

      Industrial Property in Hudson, Ohio

      Industrial property with docks and drive-in doors, near SR 8.
      5600 Hudson Industrial Parkway, Hudson, OH 44236
      View Details
    • $5 SF/Yr

      Northeast Ohio Industrial Leasing Opportunity

      1,400,000 SF industrial space suitable for various business uses.
      5555 Darrow Road, Hudson, OH, 44236
      View Details
    • Contact for pricing

      Suburban Office Space Available

      Single-story office suites with natural light and convenient location.
      85-115 Executive Pkwy, Hudson, OH
      View Details
    • Contact for pricing

      Retail Space Anchored by Acme

      1,360 SF retail space in Hudson, Ohio available for lease.
      180 W Streetsboro St, Hudson, OH
      View Details
    • Contact for pricing

      Hudson Office Space For Rent

      6,126 SF ground-level office space with private offices.
      5700 Darrow Road, Hudson, OH, 44236
      View Details

    FAQs

    What type of property is this?
    Retail space - 2,277 SF retail space in Hudson, OH for lease.
    Where is this retail space located?
    The property is located at 5 Atterbury Blvd Hudson, OH.
    What are key features of this property?
    This property features: High‑traffic location at a signalized intersection (±14,000 VPD); Walking distance to downtown Hudson, including First & Main Shopping District and Hudson Green; Located in Hudson, OH, voted a best community to raise a family in 2018
    (330) 703-1996 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Catherine Lueckel
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!