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Willoughby Hills Shopping Center Opportunities
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27401 Chardon Rd, Willoughby Hills, OH 44092

Grocery-anchored shopping center with anchor, junior anchor, and restaurant opportunities.

Space Size4,227 SF - 24,500 SF
Lot Size1.11 Acres
Days on Market1566

Property Features for 27401 Chardon Rd

General Information

Standard status Active
Size 4,227 SF - 24,500 SF
Lot size 1.11 Acres
Property subtype Restaurant, Land, Retail

Building Details

Tenancy Multiple

Spaces For Lease

at 27401 Chardon Rd Contact us

Available Space 2

Size
14,000 SF
Type
Land, Restaurant
Availability
Active
Contact us

Available Space 7

Type
Land, Restaurant
Availability
Active
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Available Space 8

Size
4,227 SF
Type
Land, Restaurant
Availability
Active
Contact us

Available Space 8

Type
Land, Restaurant
Availability
Active
Contact us

Available Space 9

Size
24,500 SF
Type
Land, Restaurant
Availability
Active
Contact us

Former Bank Outlot

Size
4,531 SF
Type
Retail
Availability
Active
Contact us
Listing Agency: Goodman Real Estate Services Group LLC
Listed By: Zack Sogoloff · License #OH SAL.0000436288
Source: Crexi
Added: May 23, 2022 Changed: Aug 14 Last Checked: Sep 3 at 2:12AM

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.

The Shoppes of Willoughby Hills is a 391,289 square foot grocery-anchored shopping center development. It is located just south of the I-90 and Bishop Road interchange in Willoughby Hills, Ohio. The property was purchased in 2018 by a local real estate developer who has invested millions of dollars upgrading the shopping center's appearance and adding several new tenants. Current tenants include Marc’s (52,000 SF), Onyx Health Club 24/7 (30,359 SF), Commercial Academy (21,865 SF), and Produce Packaging (155,000 SF). Anchor space opportunities range from 35,559 to 45,070 square feet and 24,500 square feet. A junior anchor space of 14,000 square feet is available as a new space adjacent to Marc’s, with a storefront to be created. Restaurant opportunities include an inline former Manhattan Deli space of 4,227 square feet. Outlot opportunities feature a freestanding former bank of 4,531 square feet on 1.11 acres, a 0.77 acre outlot, and a new 2.5 acre outlot.

Key Highlights

  • Grocery‑anchored shopping center with Marc's as a current tenant (52,000 SF).
  • Located near the I‑90 and Bishop Road interchange in Willoughby Hills, Ohio.
  • Recent multi‑million dollar upgrades to the shopping center's appearance.

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Electrical Service Skin Care Clinic Bakery

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

Location Intelligence

Trade Area within ½ mile

86
Businesses Nearby
Under-served
Demand for This Use

Demographics for 44092, OH

16,786
Population
8,258
Households
2
Avg Household Size
43
Median Age
28%
College-Educated
95%
High-School Grad
7.4 sq mi
ZIP Area
2,268
Density / Sq Mi
$67,907
Median Household Income
$41,236
Median Earnings
$1,059
Median Rent
$167,100
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?
Shopping center - Grocery-anchored shopping center with anchor, junior anchor, and restaurant opportunities.
Where is this shopping center located?
The property is located at 27401 Chardon Rd Willoughby Hills, OH.
What are key features of this property?
This property features: Grocery‑anchored shopping center with **Marc's as a current tenant (52,000 SF)**.; Located near the I‑90 and Bishop Road interchange in Willoughby Hills, Ohio.; Recent multi‑million dollar upgrades to the shopping center's appearance.
More about this property
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