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Prime Retail Location For Sale
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Pending

16620 Royalton Rd, Strongsville, OH

Located in a super regional retail trade area.

Space Size6,187 SF
Lot Size1.02 Acres
Days on Market387

Property Features for 16620 Royalton Rd

General Information

Standard status Pending
Size 6,187 SF
Lot size 1.02 Acres
Property subtype RETAIL
Lease Type NNN

Spaces For Lease

at 16620 Royalton Rd
16620 Royalton Rd $40/SF/Yr
Floor Bldg
Size 6,187 SF
Type RETAIL
Lease Type NNN
Availability PENDING, Now
Sublease No
- located at Signalized Intersection With Nearly 55,000 Vpd Traffic Counts - Outlot to the #1 Costco in Ne Ohio & Strong Performing Chick-fil-a, Across From Southpark Mall & Cleveland Clinic, in a Super Regional Retail Trade Area - Excellent Demographics: Average Household Income of $128,936 Within a 3 Mile Radius
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Listing Agency: CBRE | Cleveland
Listed By: Joseph Khouri · License #2008000837
Source: Moodyscre
Added: Sep 24, 2025 Changed: Oct 6 Last Checked: Oct 14 at 9:11PM

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 | Cleveland

Investment Insights

Based on property information with market context.

This property is situated at a signalized intersection with a traffic count of nearly 55,000 vehicles per day. It is an outlot to the number one Costco in Northeast Ohio and a strong-performing Chick-fil-A. The location is across from Southpark Mall and the Cleveland Clinic. The average household income within a 3-mile radius is $128,936. The property has a size of 6,187 square feet.

Key Highlights

  • Located at a signalized intersection with nearly 55,000 VPD traffic counts.
  • Outlot to the #1 Costco in NE Ohio and a strong performing Chick‑fil‑A.
  • Across from Southpark Mall & Cleveland Clinic.

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Law Firm Big Box & Wholesale Store Auto Repair Shop Storage Facility Electrical Service Real Estate Agency

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

NNN (Triple Net)
Lease Type
$6.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

88
Businesses Nearby
Under-served
Demand for This Use
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Located in a super regional retail trade area.
Where is this storefront property located?
The property is located at 16620 Royalton Rd Strongsville, OH.
What is the lease rate?
The lease rate is $40 SF/Yr.
What are key features of this property?
This property features: Located at a signalized intersection with nearly 55,000 VPD traffic counts.; Outlot to the #1 Costco in NE Ohio and a strong performing Chick‑fil‑A.; Across from Southpark Mall & Cleveland Clinic.
(216) 658-6120 Call to check price and availability
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