Listing Agency: CBRE | Cleveland Show Phone

Listed By: Kevin Moss · License #SAL.2015001299 Show Phone

Source: Moodyscre

Added: Oct 7 Changed: Oct 10 Last Checked: Oct 10 at 2:59AM

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Investment Insights

Based on property information with market context.

This 5,893-square-foot former restaurant sits on 2.44 acres in Sheffield Village. The site is an outparcel to Giant Eagle Center, with Cracker Barrel, 7 Brew, Arby’s, Caliber Collision and other businesses in the surrounding retail area.

Detroit Road carries 31,900 vehicles per day, while I-90 records 63,900 vehicles per day, according to ODOT TIMS. The property is positioned at a highway exit in the Sheffield Village corridor. Within three miles, the population is 43,325 and average household income is $114,923.

Key Highlights

• 5,893 SF former restaurant on 2.44 AC
• Outparcel to Giant Eagle Center
• Nearby businesses include Cracker Barrel, 7 Brew, Arby’s and Caliber Collision

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick HVAC Service Parking Lot & Garage Building Supply Pharmacy Real Estate Agency Furniture & Home Goods

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

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

699

Businesses Nearby

582k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Dining 29% Shops & Services 26% Superstores 15% Groceries 15%

Sam's Club Superstores

89,943 visits/mo 0.3 miles

Giant Eagle Supermarket Groceries

43,933 visits/mo 0.2 miles

Sam's Club Gas Station Shops & Services

41,887 visits/mo 0.4 miles

Sheetz Shops & Services

34,384 visits/mo 0.2 miles

Burlington Apparel

28,202 visits/mo 0.4 miles

Demographics for 44054, OH

12,484

Population

6,059

Households

2.1

Avg Household Size

44

Median Age

25%

College-Educated

96%

High-School Grad

12.5 sq mi

ZIP Area

999

Density / Sq Mi

$73,151

Median Household Income

$47,207

Median Earnings

$1,059

Median Rent

$177,600

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Conventional restaurant - The former restaurant occupies an outparcel to Giant Eagle Center.

Where is this conventional restaurant located?

The property is located at 5223 Detroit Rd Sheffield Village, OH.

What are key features of this property?

This property features: 5,893 SF former restaurant on 2.44 AC; Outparcel to Giant Eagle Center; Nearby businesses include Cracker Barrel, 7 Brew, Arby’s and Caliber Collision