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Tractor Supply Anchored Shopping Center
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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 Market64

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
Listed By: Zeb Ripple · License #01909630
Source: Moodyscre
Added: May 29 Changed: Jul 30 Last Checked: Jul 30 at 9:39PM

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

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.

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 For Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $2.74M $15.00
− Vacancy −$246.2k −$1.35
EGI $2.49M $13.65
− OpEx −$746.7k −$4.10
NOI $1.74M $9.56
182,334 SF · lease $15.00/SF/yr · vacancy 9.00% · expense 30.00%

Alternative Uses

Best Use
Retail
$24.89M
$21.78M – $29.04M (±1% cap)
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 (±1% cap)
NOI $10,226,575 @ 7.0% cap · market cap 40.45%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Parking Lot & Garage Garden Center Storage Facility Electrical Service Grocery & Convenience Store Locksmith

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

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

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

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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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
(415) 274-2702 Call to check price and availability
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