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Retail Space in Cleveland, OH
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3447 Steelyard Dr, Cleveland, OH 44109

Retail spaces available with high traffic and customer volume.

Space SizeContact for details
Property Size950,000 SF
Lot Size4.50 Acres
Days on Market2648

Property Features for 3447 Steelyard Dr

General Information

Standard status Active
Size 950,000 SF
Lot size 4.50 Acres
Property subtype Retail

Building Details

Building Size 950,000 SF
Tenancy Multiple

Spaces For Lease

at 3447 Steelyard Dr Contact us

Existing Retail Space

Type
Retail
Availability
Active
Contact us

Future Development

Type
Retail
Availability
Active
Contact us

Outlots

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: Jun 4, 2019 Changed: Aug 27 Last Checked: Sep 1 at 1:08AM

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.

Available retail spaces range from 1,100 to 19,000 square feet in existing structures, with future development opportunities offering spaces from 1,000 to 70,000 square feet. Outlot opportunities are also available, ranging from 0.5 to 4.5 acres. The location experiences high traffic, with over 5 million vehicles annually on Steelyard Drive. The area benefits from a substantial daytime population, with over 225,000 employees within a 5-mile radius. Anchors in the area include Target, The Home Depot, Walmart Supercenter, Marshalls, Burlington, Ross Dress for Less, Petco, ALDI, and K&G Fashion Superstore. The location benefits from direct highway access from I-71 and SR 176. Sales exceed $330 per square foot, totaling $250,000,000 annually, and the location serves over 8 million customers annually. A $1 billion renovation of the MetroHealth Main Campus was completed in 2022, with the aim of transforming the Clark-Fulton neighborhood by increasing housing units and employees. The 316-bed MetroHealth Glick Center opened in November 2022.

Key Highlights

  • Direct highway access from I‑71 and SR 176
  • Over 8 million customers annually
  • High traffic volume**: Over 5 million vehicles annually on Steelyard Drive

Property Analytics

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,862
Businesses Nearby

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

Market

Lease Benchmarks for Cleveland, OH

$18.66 /SF/Yr
Avg Asking Price
$11.14–$30 /SF/Yr
Price Range
12,985 SF
Avg Space Size

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?
Retail space - Retail spaces available with high traffic and customer volume.
Where is this retail space located?
The property is located at 3447 Steelyard Dr Cleveland, OH.
What are key features of this property?
This property features: Direct highway access from I‑71 and SR 176; Over 8 million customers annually; High traffic volume**: Over 5 million vehicles annually on Steelyard Drive
More about this property
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