Tractor Supply Anchored Shopping
For Sale
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6025 Kruse Dr, Solon, OH 44139
Fully occupied neighborhood retail center with a diversified mix of necessity-based service and experiential tenants in Solon, Ohio.
Property Size182,334 SF
Price / SF$138.64
Days on Market160
Property Features for 6025 Kruse Dr
General Information
Standard status
Active
Size
182,334 SF
Property subtype
RETAIL
Occupancy
100%
Site & Location
Anchor Co-Tenants
Tractor Supply
Highway Access
Yes
Building Details
Tenancy
Multi
Listing Agency:
CP Partners
(415) 274-2700
Listed By:
Zeb Ripple · License #01242540
(415) 274-2702
Source:
Moodyscre
Added: May 29
Changed: Oct 25
Last Checked: Nov 3 at 8:29AM
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 CP Partners
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Uptown Solon is an anchored shopping center totaling 182,334 SF. Since December 2023, the property has seen major leasing momentum, with roughly 145,000+ SF leased, renewed, or scheduled to commence—about 80% of the center’s total GLA. The center is now 100% occupied.
The tenant mix includes Ace Pickleball Club, ONYX Fitness, Kids Empire, Mobility Plus, Mavis Public House, John Robert’s Spa, The Vital Stretch, and Tutu School, with additional future commencements including Emler Swim School and Cactus Grill. Anchor tenancy is provided by Tractor Supply, complemented by a blend of experiential concepts and daily-needs operators.
Uptown Solon benefits from strong regional accessibility through US-422 and SR-91, two primary commuter corridors serving Cleveland’s eastern suburbs.
The tenant mix includes Ace Pickleball Club, ONYX Fitness, Kids Empire, Mobility Plus, Mavis Public House, John Robert’s Spa, The Vital Stretch, and Tutu School, with additional future commencements including Emler Swim School and Cactus Grill. Anchor tenancy is provided by Tractor Supply, complemented by a blend of experiential concepts and daily-needs operators.
Uptown Solon benefits from strong regional accessibility through US-422 and SR-91, two primary commuter corridors serving Cleveland’s eastern suburbs.
Key Highlights
- 182,334 SF shopping center in Solon, Ohio
- Roughly 145,000+ SF leased, renewed, or scheduled to commence since December 2023 (about 80% of GLA)
- 100% occupied shopping center
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$1,742,201
Cap Rate
6.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$34,844,020
$34.8M
Cap Rate 7%
$24,888,586
$24.9M
Cap Rate 9%
$19,357,789
$19.4M
Market Conditions
NOI Build-Up for 182,334 SF
Gross rent
$2.74M $15.00/SF
− Vacancy
−$246.2K −$1.35/SF
EGI
$2.49M $13.65/SF
− OpEx
−$746.7K −$4.10/SF
NOI
$1.74M $9.56/SF
Area
Cuyahoga County, OH
Vacancy
9.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$34,844,020
Cap Rate 7%
$24,888,586
Cap Rate 9%
$19,357,789
Alternative Uses
Best Use
Retail
$24.89M
$21.78M – $29.04M
NOI $1,742,201 @ 7.0% cap · market cap 6.89%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$146.09M
$127.83M – $170.44M
NOI $10,226,575 @ 7.0% cap · market cap 40.45%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,034
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 44139, OH
25,331
Population
9,347
Households
2.7
Avg Household Size
44
Median Age
63%
College-Educated
95%
High-School Grad
22.9 sq mi
ZIP Area
1,106
Density / Sq Mi
$134,924
Median Household Income
$73,281
Median Earnings
$1,468
Median Rent
$373,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Shopping center - Fully occupied neighborhood retail center with a diversified mix of necessity-based service and experiential tenants in Solon, Ohio.
Where is this shopping center located?
The property is located at 6025 Kruse Dr Solon, OH.
What is the asking price?
The asking price for this property is $25,279,000.
What are key features of this property?
This property features: 182,334 SF shopping center in Solon, Ohio; Roughly 145,000+ SF leased, renewed, or scheduled to commence since December 2023 (about 80% of GLA); 100% occupied shopping center
