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Prominent Retail Space in Strongsville
For Lease
$40 SF/Yr
Pending

16620 Royalton Road, Strongsville, OH 44136

High-visibility retail space near South Park Mall and Cleveland Clinic.

Space SizeContact for details
Days on Market150

Property Features for 16620 Royalton Road

General Information

Standard status Pending
Property subtype Retail
Listing Agency: CBRE - Cleveland
Listed By: Joseph Khouri · License #2008000837
Source: Cbre
Added: Mar 25 Changed: Jul 6 Last Checked: Jul 23 at 4:44AM

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 retail space benefits from high visibility and accessibility on Royalton Road. The location is across from South Park Mall and the Cleveland Clinic. Situated in Strongsville, the retail node is a visited retail trade area in Northeast Ohio. The property is positioned at a signalized intersection with nearly 55,000 vehicles per day traffic counts. It is an outlot to a Costco and a Chick-Fil-A, in a retail trade area. The average household income within a 3-mile radius is $128,936. The property size is 6187 square feet and the list price is 40.

Key Highlights

  • Unparalleled visibility and accessibility on Royalton Road, offering a billboard‑like presence.
  • Located in the second most visited retail trade area in Northeast Ohio, with 15 million annual visits.
  • Situated at a signalized intersection with nearly 55,000 vehicles per day (VPD) traffic counts.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Carpet & Flooring Store Catering Service Electrical Service Restaurant

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

897
Businesses Nearby

Demographics for 44136, OH

25,890
Population
11,019
Households
2.3
Avg Household Size
45
Median Age
46%
College-Educated
94%
High-School Grad
13.5 sq mi
ZIP Area
1,918
Density / Sq Mi
$93,713
Median Household Income
$55,616
Median Earnings
$1,264
Median Rent
$271,300
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?
Retail space - High-visibility retail space near South Park Mall and Cleveland Clinic.
Where is this retail space located?
The property is located at 16620 Royalton Road Strongsville, OH.
What is the lease rate?
The lease rate is $40 SF/Yr.
What are key features of this property?
This property features: Unparalleled visibility and accessibility on Royalton Road, offering a billboard‑like presence.; Located in the second most visited retail trade area in Northeast Ohio, with 15 million annual visits.; Situated at a signalized intersection with nearly 55,000 vehicles per day (VPD) traffic counts.
More about this property
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