Shopping Center with National
For Sale
$6,670,000
1411-1499 Columbia Rd, Westlake, OH 44145
Westlake Shopping Center offers a retail tenant mix including Michaels, Cleveland Yoga, and KeyBank in Westlake, Ohio.
Property SizeContact for details
Days on Market147
Property Features for 1411-1499 Columbia Rd
General Information
Standard status
Active
Property subtype
Commercial
Occupancy
100%
Lease Term
7 Years
Net Operating Income
$533,479
Listed By:
Ben Snyder · License #2018002569 (OH)
(216) 503-3607
Source:
Matthews
Added: Apr 11
Changed: Sep 3
Last Checked: Sep 2 at 1:14PM
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 Ben Snyder
Investment Insights
Based on property information with market context.
Westlake Shopping Center is a retail shopping center located in Westlake, Ohio in Cuyahoga County. The center’s tenant base includes a complimentary mix of national and local tenants serving residents with a range of products and services, including Michaels, Cleveland Yoga, and KeyBank National Association.
Westlake is a suburb of Cleveland, located approximately 12 miles west of downtown Cleveland. This established retail environment supports day-to-day consumer demand from both local shoppers and visitors to the area.
Offered for sale by Core Equity Partners, Westlake Shopping Center provides a single ownership opportunity in a stable suburban retail setting with an existing tenant mix already in place.
Westlake is a suburb of Cleveland, located approximately 12 miles west of downtown Cleveland. This established retail environment supports day-to-day consumer demand from both local shoppers and visitors to the area.
Offered for sale by Core Equity Partners, Westlake Shopping Center provides a single ownership opportunity in a stable suburban retail setting with an existing tenant mix already in place.
Key Highlights
- Westlake Shopping Center in Westlake, Ohio (Cuyahoga County), about 12 miles west of downtown Cleveland.
- Retail tenant mix includes Michaels, Cleveland Yoga, and KeyBank National Association.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
285
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 44145, OH
34,228
Population
15,781
Households
2.2
Avg Household Size
47
Median Age
58%
College-Educated
96%
High-School Grad
15.9 sq mi
ZIP Area
2,153
Density / Sq Mi
$110,101
Median Household Income
$63,385
Median Earnings
$1,480
Median Rent
$336,100
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
- Westridge Plaza Shopping Center — 27175 Center Ridge Rd, Westlake, OH 44145
Frequently Asked Questions
What type of property is this?
Shopping center - Westlake Shopping Center offers a retail tenant mix including Michaels, Cleveland Yoga, and KeyBank in Westlake, Ohio.
Where is this shopping center located?
The property is located at 1411-1499 Columbia Rd Westlake, OH.
What is the asking price?
The asking price for this property is $6,670,000.
What are key features of this property?
This property features: Westlake Shopping Center in Westlake, Ohio (Cuyahoga County), about 12 miles west of downtown Cleveland.; Retail tenant mix includes Michaels, Cleveland Yoga, and KeyBank National Association.
