Grocery-Anchored Shopping
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21593 Lorain Rd, Fairview Park, OH 44126
Established retail center with national and regional tenants, available leasing area, and a pad-ready development parcel.
Property Size151,652 SF
Days on Market143
Property Features for 21593 Lorain Rd
General Information
Standard status
Active
Size
151,652 SF
Property subtype
Retail
Site & Location
Anchor Co-Tenants
Giant Eagle
Highway Access
Yes
Road Access
Yes
Building Details
Tenancy
Multi
Listing Agency:
CBRE - Oak Brook
Listed By:
Christian Williams · License #IL 472.141577
Source:
Crexi
Added: Apr 10
Changed: Aug 30
Last Checked: Aug 30 at 1:40PM
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 CBRE - Oak Brook
Investment Insights
Based on property information with market context.
Fairview Centre is a 151,652-square-foot shopping center anchored by Giant Eagle, which has operated at the property for more than twenty years. Its current lease extends through the end of 2027, with three additional options that could continue occupancy through the end of 2042 and include rental steps every five years. Recent tenant additions include Dollar Tree, Goldfish Swim School, Workout Anytime, and Jackson Hewitt.
The center occupies 21593 Lorain Rd in Fairview Park, Ohio, along Lorain Road, also designated State Route 10. The four-lane highway provides a direct connection to downtown Cleveland, located just over twelve miles or a twenty-minute drive away. Cleveland Hopkins International Airport and the NASA Glenn Research Center are six miles or fifteen minutes from the property. The surrounding three-mile trade area includes more than 83,750 residents with average household earnings exceeding $80,000.
The property includes 16,955 square feet of GLA available for lease-up and a 0.86-acre pad-ready development parcel. The pad can accommodate expansion of the available end cap suite or a drive-thru outparcel building.
The center occupies 21593 Lorain Rd in Fairview Park, Ohio, along Lorain Road, also designated State Route 10. The four-lane highway provides a direct connection to downtown Cleveland, located just over twelve miles or a twenty-minute drive away. Cleveland Hopkins International Airport and the NASA Glenn Research Center are six miles or fifteen minutes from the property. The surrounding three-mile trade area includes more than 83,750 residents with average household earnings exceeding $80,000.
The property includes 16,955 square feet of GLA available for lease-up and a 0.86-acre pad-ready development parcel. The pad can accommodate expansion of the available end cap suite or a drive-thru outparcel building.
Key Highlights
- 151,652‑square‑foot shopping center anchored by Giant Eagle
- Giant Eagle lease extends through the end of 2027, with three options through the end of 2042
- 16,955 square feet of GLA available for lease‑up
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
666
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 44126, OH
17,235
Population
8,099
Households
2.1
Avg Household Size
43
Median Age
47%
College-Educated
96%
High-School Grad
4.5 sq mi
ZIP Area
3,830
Density / Sq Mi
$77,944
Median Household Income
$49,851
Median Earnings
$966
Median Rent
$225,800
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
- Fairview Shopping Center — 21769 Lorain Rd, Cleveland, OH 44126
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Frequently Asked Questions
What type of property is this?
Shopping center - Established retail center with national and regional tenants, available leasing area, and a pad-ready development parcel.
Where is this shopping center located?
The property is located at 21593 Lorain Rd Fairview Park, OH.
What are key features of this property?
This property features: 151,652‑square‑foot shopping center anchored by Giant Eagle; Giant Eagle lease extends through the end of 2027, with three options through the end of 2042; 16,955 square feet of GLA available for lease‑up
