Anchored Shopping
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21653 Center Ridge Rd, Rocky River, OH 44116
Multi-tenant retail asset with established anchors, small-shop space, and a drive-through restaurant tenant.
Property Size226,155 SF
Days on Market189
Property Features for 21653 Center Ridge Rd
General Information
Standard status
Active
Size
226,155 SF
Property subtype
RETAIL
Site & Location
Drive-Thru
Yes
Anchor Co-Tenants
Home Depot, Marc's, AMC
Building Details
Tenancy
Multi
Listing Agency:
JLL - Corporate
(312) 782-5800
Listed By:
Michael Nieder
(312) 300-7300
Source:
Moodyscre
Added: Mar 12
Changed: Sep 13
Last Checked: Sep 15 at 6:56AM
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 JLL - Corporate
Investment Insights
Based on property information with market context.
This 226,155-square-foot shopping center features a diversified tenant mix anchored by Home Depot, Marc’s, and AMC. Home Depot accounts for 30% of income and recently extended five additional years, while Marc’s accounts for 25%. The center’s tenant mix is 65% anchor and 35% small shop, with a weighted average tenure of 30 years driven primarily by the anchor tenants.
The property includes a single-tenant Dairy Queen with a drive-through and 10,850 SF of vacancy across two units. Forty-eight percent of in-place small-shop tenancy does not have fixed-rate options, allowing rents to be addressed at expiration. Both Home Depot and AMC recently replaced their roofs. The property is located at 21653 Center Ridge Rd in Rocky River, Ohio.
The property includes a single-tenant Dairy Queen with a drive-through and 10,850 SF of vacancy across two units. Forty-eight percent of in-place small-shop tenancy does not have fixed-rate options, allowing rents to be addressed at expiration. Both Home Depot and AMC recently replaced their roofs. The property is located at 21653 Center Ridge Rd in Rocky River, Ohio.
Key Highlights
- 226,155‑square‑foot shopping center at 21653 Center Ridge Rd, Rocky River, OH 44116
- Home Depot accounts for 30% of income and recently extended five additional years
- Tenant mix is 65% anchor and 35% small shop
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
679
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 44116, OH
21,821
Population
10,484
Households
2.1
Avg Household Size
45
Median Age
64%
College-Educated
97%
High-School Grad
4.9 sq mi
ZIP Area
4,453
Density / Sq Mi
$93,532
Median Household Income
$60,738
Median Earnings
$1,146
Median Rent
$327,600
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
- United Readers Service — 20325 Center Ridge Rd, Rocky River, OH 44116
- River Square Shopping Center — 19799 detroit rd, rocky river, oh 44116
Frequently Asked Questions
What type of property is this?
Shopping center - Multi-tenant retail asset with established anchors, small-shop space, and a drive-through restaurant tenant.
Where is this shopping center located?
The property is located at 21653 Center Ridge Rd Rocky River, OH.
What are key features of this property?
This property features: 226,155‑square‑foot shopping center at 21653 Center Ridge Rd, Rocky River, OH 44116; Home Depot accounts for 30% of income and recently extended five additional years; Tenant mix is 65% anchor and 35% small shop
