Grocery-Anchored Shopping
For Sale
Contact for pricing
2553-2587 Parkman Rd NW, Warren, OH 44485
A 180,488 SF shopping center currently 24% occupied, anchored by Sparkle Market and including multiple inline vacancies.
Property Size86,374 SF
Price / SF$21
Days on Market996
Property Features for 2553-2587 Parkman Rd NW
General Information
Standard status
Active
Size
86,374 SF
Property subtype
RETAIL
Occupancy
24%
Site & Location
Anchor Co-Tenants
Sparkle Market, Dollar Tree, Little Caesar’s Pizza, Metro PCS
Highway Access
Yes
Building Details
Tenancy
Multi
Listing Agency:
Goodman Real Estate
(216) 342-9305
Listed By:
Kyle Hartung · License #SAL.2003016343
Source:
Moodyscre
Added: Nov 7, 2023
Changed: Jul 30
Last Checked: Jul 30 at 8:27AM
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
Investment Insights
Based on property information with market context.
For qualified investors, this fee simple shopping center opportunity is anchored by Sparkle Market and totals 180,488 square feet. The property is currently 24% occupied and includes grocery-led tenancy plus retail and service tenants such as Dollar Tree, Little Caesar’s Pizza, and Metro PCS.
The center is located near access to the Warren Outer Belt (Route 82) and is surrounded by a dense population base. Grocery anchor Sparkle Market has operated at the property since 1989. Other nearby national tenants include Aldi, CVS, McDonald’s, PNC Bank, Autozone, O’Reilly, Dollar General, Rite Aid, and others.
Vacancies include a 94,114 square foot former Kmart, an outlot opportunity, and various-sized inline spaces. Additional leasing positioning is reflected through projections to increase occupancy to 82%.
The center is located near access to the Warren Outer Belt (Route 82) and is surrounded by a dense population base. Grocery anchor Sparkle Market has operated at the property since 1989. Other nearby national tenants include Aldi, CVS, McDonald’s, PNC Bank, Autozone, O’Reilly, Dollar General, Rite Aid, and others.
Vacancies include a 94,114 square foot former Kmart, an outlot opportunity, and various-sized inline spaces. Additional leasing positioning is reflected through projections to increase occupancy to 82%.
Key Highlights
- 180,488 square foot shopping center offered fee simple
- Currently 24% occupied with grocery‑led tenancy
- Sparkle Market grocery anchor operating since 1989
Property Analytics
Current Use
Lease Details
24%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
182
Businesses Nearby
63k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 49%
Dining 30%
Groceries 19%
Electronics 1%
McDonald's
Dining
16,538 visits/mo
0.1 miles
Aldi
Groceries
11,997 visits/mo
0.2 miles
Dollar Tree
Shops & Services
9,243 visits/mo
0.1 miles
Dollar General
Shops & Services
8,744 visits/mo
0.2 miles
Family Dollar
Shops & Services
5,017 visits/mo
0.4 miles
Demographics for 44485, OH
15,172
Population
7,640
Households
2
Avg Household Size
39
Median Age
15%
College-Educated
82%
High-School Grad
7.8 sq mi
ZIP Area
1,945
Density / Sq Mi
$33,720
Median Household Income
$30,225
Median Earnings
$818
Median Rent
$73,600
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
- Trumbull Plaza — Parkman Rd NW, Warren, OH 44485
Frequently Asked Questions
What type of property is this?
Shopping center - A 180,488 SF shopping center currently 24% occupied, anchored by Sparkle Market and including multiple inline vacancies.
Where is this shopping center located?
The property is located at 2553-2587 Parkman Rd NW Warren, OH.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: 180,488 square foot shopping center offered fee simple; Currently 24% occupied with grocery‑led tenancy; Sparkle Market grocery anchor operating since 1989