Anchored Retail Center with Auto
14325-14343 Euclid Avenue E East Cleveland, OH 44112
For Sale
Contact for pricing
Retail shopping center anchored by O’Reilly Auto Parts, featuring brick construction and prominent pylon signage.
Property Size31,174 SF
Days on Market105
Property Features for 14325-14343 Euclid Avenue E
General Information
- Standard status
- Active
- Size
- 31,174 SF
- Property subtype
- Retail
Listing Agency:
Cooper Commercial Investment Group
(216) 562-1981
Listed By:
Dan Cooper · License #OH 009003618
Source:
Crexi
Added: Apr 10
Changed: Jul 23
Last Checked: Jul 23 at 7:34AM
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.
Cleveland Town Center is a shopping center offering for sale a 100% fee simple interest in a 31,174 S.F. O’Reilly Auto Parts-anchored property. The center is described as 100% occupied, with many tenured tenants that have consistently renewed to extend their terms. O’Reilly Auto Parts recently renewed for an additional 5 years, and the ownership also reports two new lease executions and multiple other recent extensions. The property is brick-constructed and includes prominent pylon signage.
The center is located on Euclid Avenue (30,000 VPD) near major access to I-90 (130,000 VPD). It also benefits from proximity to the Louis Stokes/Windermere Rapid Station, with 410 free parking spaces for commuters using the rapid service, and the property is described as positioned to capture traffic generated by the station. Additional nearby draw is noted from Shaw High School (853 students, 0.5 mile), and other nearby schools, as well as the Rally’s outparcel.
The offering further highlights access to major medical employers, stating the Cleveland Clinic and University Hospitals are less than 2 miles from the property, along with nearby University Circle attractions.
The center is located on Euclid Avenue (30,000 VPD) near major access to I-90 (130,000 VPD). It also benefits from proximity to the Louis Stokes/Windermere Rapid Station, with 410 free parking spaces for commuters using the rapid service, and the property is described as positioned to capture traffic generated by the station. Additional nearby draw is noted from Shaw High School (853 students, 0.5 mile), and other nearby schools, as well as the Rally’s outparcel.
The offering further highlights access to major medical employers, stating the Cleveland Clinic and University Hospitals are less than 2 miles from the property, along with nearby University Circle attractions.
Key Highlights
- 31,174 SF retail shopping center with O’Reilly Auto Parts as the anchor tenant; offered as 100% fee simple and 100% occupied.
- Offered at $1,780,000, representing a 10.11% CAP Rate and high 16.35% expected year‑1 cash‑on‑cash return.
- Anchor tenant O’Reilly Auto Parts recently renewed for 5 years; also includes 2 new lease executions and multiple other recent extensions.
Property Analytics
Location Intelligence
Current Use by Public Records
Shopping centers
Similar Off Market Nearby
- Forest Hills Shopping Center — East Cleveland, OH 44112
- Butternut Commons — 15409 euclid ave, east cleveland, oh 44112
FAQs
What type of property is this?
Shopping center - Retail shopping center anchored by O’Reilly Auto Parts, featuring brick construction and prominent pylon signage.
Where is this shopping center located?
The property is located at 14325-14343 Euclid Avenue E East Cleveland, OH.
What are key features of this property?
This property features: 31,174 SF retail shopping center with O’Reilly Auto Parts as the anchor tenant; offered as 100% fee simple and 100% occupied.; Offered at $1,780,000, representing a 10.11% CAP Rate and high 16.35% expected year‑1 cash‑on‑cash return.; Anchor tenant O’Reilly Auto Parts recently renewed for 5 years; also includes 2 new lease executions and multiple other recent extensions.
