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Shopping Center with Direct I-71 Access
For Lease
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3447 Steelyard Dr, Cleveland, OH 44109

Existing and future retail spaces are available with direct access from I-71 and SR 176 in Cleveland.

Space Size7,156 SF
Days on Market2522

Property Features for 3447 Steelyard Dr

General Information

Standard status Active
Size 7,156 SF
Net Rentable 1,100 SF
Property subtype RETAIL

Additional Details

Available Space 1,100-20,388 SF
Highway Access Yes

Spaces For Lease

at 3447 Steelyard Dr
3447 Steelyard Dr AVAILABLE, Now
Floor 1
Size 7,156 SF
Type RETAIL
Rate Contact for pricing
Sublease No
- Existing Space: 1,100 to 20,388 SF - Future Development: 1,000 to 70,000 SF Outlot Opportunities: 0.5 to 4.5 AC - Over $330 per SF | $250,000,000 annually - Customers: Over 8 million customers annually - Traffic: Traffic on Steelyard Drive reaches over 5 million vehicles annually - Highway access: Directly from I-71 and SR 176 Daytime population : Over 200,000 employees within a 5-mile radius - Target, The Home Depot, Marshalls, Old Navy, Petco, Walmart Supercenter, K&G Fashion Superstore, Party City, Burlington, and Ross Dress for Less - $1 billion renovation completed in 2022 with a goal of transforming the Clark-Fulton neighborhood by increasing the number of housing units and employees. The 316-bed Metro Health Glick Center opened in November 2022.
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Listing Agency: Goodman Real Estate
Listed By: Seth Marks · License #SAL.2014002191
Source: Moodyscre
Added: Nov 7, 2019 Changed: Sep 9 Last Checked: Oct 2 at 10:59PM

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.

This shopping center offers available retail space ranging from 1,100 to 20,388 SF, with future development opportunities spanning 1,000 to 70,000 SF. Outlot opportunities are also available from 0.5 to 4.5 AC, supporting a variety of commercial site plans.

Located at 3447 Steelyard Dr, Cleveland, OH 44109, the property has highway access directly from I-71 and SR 176. The daytime population is reported as over 200,000 employees within a 5-mile radius, and traffic on Steelyard Drive reaches over 5 million vehicles annually. The center targets well-known retailers including Target, The Home Depot, Marshalls, Old Navy, Petco, Walmart Supercenter, and Party City.

A $1 billion renovation was completed in 2022, with the stated goal of transforming the Clark-Fulton neighborhood by increasing the number of housing units and employees. The MetroHealth Glick Center (316-bed) opened in November 2022.

Key Highlights

  • Available retail space from 1,100 to 20,388 SF
  • Future development opportunities from 1,000 to 70,000 SF
  • Outlot opportunities from 0.5 to 4.5 AC

Property Analytics

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Current Use

Steelyard Commons Shopping Center & Mall 3 Guys Handyman Hardware & Home Improvement

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Building Supply Law Firm Spa & Massage Center Gym & Fitness Center

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

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,862
Businesses Nearby
Well-served
Demand for This Use

Demographics for 44109, OH

39,121
Population
19,588
Households
2
Avg Household Size
36
Median Age
17%
College-Educated
81%
High-School Grad
7.1 sq mi
ZIP Area
5,510
Density / Sq Mi
$43,130
Median Household Income
$34,050
Median Earnings
$861
Median Rent
$112,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Cleveland, OH

5.6% 2019
8.5% 2020
7.2% 2021
6.9% 2022
6.7% 2023
6.9% 2024
7.3% 2025
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Frequently Asked Questions

What type of property is this?
Shopping center - Existing and future retail spaces are available with direct access from I-71 and SR 176 in Cleveland.
Where is this shopping center located?
The property is located at 3447 Steelyard Dr Cleveland, OH.
What are key features of this property?
This property features: Available retail space from 1,100 to 20,388 SF; Future development opportunities from 1,000 to 70,000 SF; Outlot opportunities from 0.5 to 4.5 AC
(330) 612-4249 Call to check price and availability
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