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Remodeled Strip Center with NNN Leases
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15000 Detroit Ave, Lakewood, OH 44107

Service-oriented retail tenancy supports a multi-suite center with long-term triple-net lease structures.

Property Size14,568 SF
Price / SF$364.09
Days on Market160

Property Features for 15000 Detroit Ave

General Information

Standard status Active
Size 14,568 SF
Property subtype Retail
Occupancy 100%
Lease Type NNN
Investment Type Stabilized
Net Operating Income $395,118

Building Details

Year Renovated 2007
Buildings 1
Stories 1
Units 7
Tenancy Multi
Listing Agency: Goodman Real Estate Services Group LLC
Listed By: Kyle Hartung · License #OH SAL.2003016343
Source: Crexi
Added: Mar 25 Changed: Aug 30 Last Checked: Aug 30 at 6:32PM

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 Goodman Real Estate Services Group LLC

Investment Insights

Based on property information with market context.

Lakewood Place is a 14,568-square-foot strip center at 15000 Detroit Ave in Lakewood, Ohio. The property underwent a complete remodel in 2007 that included mechanical systems, facades, parking, and other improvements. Current occupants include Great Clips, PotBelly, Dave’s Hot Chicken, Cycle Fly, Beyond Juice, Lakewood Optical, and Battr.

The center is positioned across Detroit Road from The Cleveland Clinic, Marc’s Grocery, Starbucks, and Chipotle. It shares a signalized entrance with Marc’s Grocery and sits within a dense retail and residential area near downtown Cleveland. The property includes long-term triple-net leases with staggered lease terms, providing a diversified service-oriented tenant lineup.

Key Highlights

  • 14,568‑square‑foot strip center at 15000 Detroit Ave, Lakewood, OH 44107
  • Complete remodel in 2007 included mechanical systems, facades, and parking
  • Across Detroit Road from The Cleveland Clinic, Marc’s Grocery, Starbucks, and Chipotle

Property Analytics

Current Use

Strip malls

Suggested Use

Top Pick Auto Parts Store Carpet & Flooring Store Home Appliance Store Parking Lot & Garage Storage Facility (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.

Location Intelligence

Trade Area within ½ mile

1,777
Businesses Nearby

Demographics for 44107, OH

51,109
Population
29,101
Households
1.8
Avg Household Size
36
Median Age
54%
College-Educated
95%
High-School Grad
5.4 sq mi
ZIP Area
9,465
Density / Sq Mi
$65,778
Median Household Income
$49,285
Median Earnings
$1,011
Median Rent
$241,400
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?
Strip mall - Service-oriented retail tenancy supports a multi-suite center with long-term triple-net lease structures.
Where is this strip mall located?
The property is located at 15000 Detroit Ave Lakewood, OH.
What is the asking price?
The asking price for this property is $5,304,000.
What are key features of this property?
This property features: 14,568‑square‑foot strip center at 15000 Detroit Ave, Lakewood, OH 44107; Complete remodel in 2007 included mechanical systems, facades, and parking; Across Detroit Road from The Cleveland Clinic, Marc’s Grocery, Starbucks, and Chipotle
(216) 381-8200 Call to check price and availability
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