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Multi-Building Retail Center
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1443 Nagel Road, Avon, OH 44011

Three-building, 100% leased retail center anchored by a freestanding Starbucks with drive-thru on a 10-year lease.

Property Size16,563 SF
Price / SF$627.91
Days on Market87

Property Features for 1443 Nagel Road

General Information

Standard status Active
Size 16,563 SF
Class A
Total Parking Spaces 113
Property subtype Retail
Occupancy 100%
Lease Type NNN
Investment Type Stabilized
Net Operating Income $676,107

Site & Location

Traffic Count 89,090 vehicles/day
Highway Access Yes

Building Details

Year Built 2024
Buildings 3
Tenancy Multi
Listing Agency: Marcus & Millichap - Columbus
Listed By: Craig Fuller · License #OH 2008001551
Source: Crexi
Added: Jun 10 Changed: Aug 27 Last Checked: Sep 1 at 10:24AM

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.

Nagel Crossing is a three-building, 100% leased retail development with a predominantly NNN lease structure, including reimbursement for administrative fees. The offering includes a free-standing Starbucks with a drive-thru on a 10-year lease, and reflects a WALT of 7.6 years with limited near-term rollover.

The property is positioned at a signalized hard corner at Nagel Rd & Chester Rd with immediate access to the I-90 interchange, with reported 89,090 VPD. It is surrounded by major retailers including Costco, Target, Walmart, Lowe's, Meijer, Dick's, and Cabela's, and is adjacent to Cleveland Clinic Avon Campus, which is noted as a major employment driver with a $340M planned expansion.

The tenant mix is described as e-commerce resistant, incorporating food, beverage, fitness, and service retail focused on daily needs.

Key Highlights

  • 3‑building retail development built in 2024, 100% leased with national‑tenancy retailers
  • Signalized hard‑corner location at Nagel Rd & Chester Rd with immediate access to the I‑90 Interchange (89,090 VPD)
  • Predominantly NNN lease structure with administrative‑fee reimbursements

Property Analytics

Current Use

Starbucks Cafe & Coffee Shop

Suggested Use

Top Pick Dental Office HVAC Service Parking Lot & Garage Auto Parts Store Hair Salon (Bike/Boat/Book/etc) Store

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

Lease Details

89,090 VPD
Traffic count
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

418
Businesses Nearby
80k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 62% Dining 27% Hotels & Casinos 6% Home Improvements & Furnishings 5%
GetGo Gas Station Shops & Services
45,748 visits/mo 0.2 miles
Starbucks Dining
13,529 visits/mo 0.0 miles
Chipotle Mexican Grill Dining
8,141 visits/mo 0.1 miles
Residence Inn Cleveland Avon At The Emerald Event Center Hotels & Casinos
5,120 visits/mo 0.1 miles
Levin Furniture Home Improvements & Furnishings
3,023 visits/mo 0.5 miles

Demographics for 44011, OH

24,847
Population
9,782
Households
2.5
Avg Household Size
41
Median Age
59%
College-Educated
98%
High-School Grad
20.8 sq mi
ZIP Area
1,195
Density / Sq Mi
$126,618
Median Household Income
$67,143
Median Earnings
$1,446
Median Rent
$377,100
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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Similar Off Market Nearby

  • Quick-Tag Meijer, 1810 Nagel Rd, Avon, OH 44011
  • Ohio BMV Express Kiosk 1810 Nagel Rd, Avon, OH 44011

Frequently Asked Questions

What type of property is this?
Shopping center - Three-building, 100% leased retail center anchored by a freestanding Starbucks with drive-thru on a 10-year lease.
Where is this shopping center located?
The property is located at 1443 Nagel Road Avon, OH.
What is the asking price?
The asking price for this property is $10,400,000.
What are key features of this property?
This property features: 3‑building retail development built in 2024, 100% leased with national‑tenancy retailers; Signalized hard‑corner location at Nagel Rd & Chester Rd with immediate access to the I‑90 Interchange (89,090 VPD); Predominantly NNN lease structure with administrative‑fee reimbursements
More about this property
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