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Retail Investment Opportunity
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22840 Lakeshore Blvd, Euclid, OH 44123

For sale retail property priced for a 9.18% cap rate and totaling 80,344 SF.

Property Size80,344 SF
Days on Market135

Property Features for 22840 Lakeshore Blvd

General Information

Standard status Active
Size 80,344 SF
Property subtype Retail

Additional Details

Cap Rate 9.18%
Listing Agency: Cooper Commercial Investment Group
Listed By: Dan Cooper · License #OH 009003618
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 23 at 3:31PM

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 Cooper Commercial Investment Group

Investment Insights

Based on property information with market context.

This for-sale retail property offers an investor-focused profile highlighted by a stated 9.18% cap rate. The offering totals 80,344 SF of retail space.

The property is located at 22840 Lakeshore Blvd in Euclid, Ohio 44123.

The current disclosure emphasizes the building’s scale and the specified capitalization rate, providing a straightforward basis for underwriting and comparison for qualified buyers.

Key Highlights

  • Retail property for sale priced to a 9.18% cap rate
  • Total building area of 80,344 SF

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Skin Care Clinic Kitchen & Bath Showroom Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

530
Businesses Nearby

Demographics for 44123, OH

17,620
Population
9,176
Households
1.9
Avg Household Size
39
Median Age
23%
College-Educated
90%
High-School Grad
2.5 sq mi
ZIP Area
7,048
Density / Sq Mi
$54,979
Median Household Income
$39,047
Median Earnings
$1,036
Median Rent
$103,400
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - For sale retail property priced for a 9.18% cap rate and totaling 80,344 SF.
Where is this retail space located?
The property is located at 22840 Lakeshore Blvd Euclid, OH.
What are key features of this property?
This property features: Retail property for sale priced to a 9.18% cap rate; Total building area of 80,344 SF
(216) 562-1981 Call to check price and availability
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