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Retail Investment Property with Cap Rate
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Pending

34085 Center Ridge Road, North Ridgeville, OH 44039

For sale retail asset featuring a stated 6.83% cap rate and approximately 1,104 SF.

Property Size1,104 SF
Days on Market113

Property Features for 34085 Center Ridge Road

General Information

Standard status Pending
Size 1,104 SF
Property subtype Retail

Additional Details

Cap Rate 6.83%
Listing Agency: Marcus & Millichap - Columbus
Listed By: Craig Fuller · License #OH 2008001551
Source: Crexi
Added: Apr 11 Changed: Jul 21 Last Checked: Jul 30 at 4:20PM

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 Marcus & Millichap - Columbus

Investment Insights

Based on property information with market context.

This for-sale retail property is presented with a stated 6.83% cap rate and approximately 1,104 SF of retail space.

The asset is located at 34085 Center Ridge Road in North Ridgeville, Ohio (44039).

Key Highlights

  • Stated 6.83% cap rate (retail asset)
  • Approximately 1,104 SF retail space

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Spa & Massage Center Building Supply Hair Salon

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

352
Businesses Nearby
129k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 41% Groceries 28% Dining 24% Electronics 3%
Giant Eagle Supermarket Groceries
36,243 visits/mo 0.2 miles
Dollar Tree Shops & Services
18,507 visits/mo 0.2 miles
GetGo Gas Station Shops & Services
12,676 visits/mo 0.1 miles
Wendy's Dining
10,065 visits/mo 0.1 miles
Chipotle Mexican Grill Dining
8,622 visits/mo 0.5 miles

Demographics for 44039, OH

35,630
Population
14,441
Households
2.5
Avg Household Size
44
Median Age
35%
College-Educated
96%
High-School Grad
24.1 sq mi
ZIP Area
1,478
Density / Sq Mi
$94,128
Median Household Income
$53,988
Median Earnings
$1,067
Median Rent
$254,800
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 asset featuring a stated 6.83% cap rate and approximately 1,104 SF.
Where is this retail space located?
The property is located at 34085 Center Ridge Road North Ridgeville, OH.
What are key features of this property?
This property features: Stated 6.83% cap rate (retail asset); Approximately 1,104 SF retail space
(216) 264-2000 Call to check price and availability
More about this property
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