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    1371 Som Ctr Rd Mayfield Heights, OH 44124

    Sponsored
    For Lease
    Contact for pricing

    High-traffic Mayfield Heights retail spaces available.

    Lot size:
    42,479 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail opportunity is located within the thriving Eastgate Shopping Center in Mayfield Heights, Ohio. The center boasts a prime location with 1,900 feet of frontage on SOM Center Road, at the intersection of Mayfield Road (SR 322), providing excellent visibility and accessibility. Its strategic positioning near Interstate 271, with easy access to Interstates 90 and 480, ensures convenient access to downtown Cleveland and surrounding suburbs. The center benefits from a strong daytime population and proximity to affluent residential areas. Eastgate Shopping Center is anchored by major retailers including Target, Marc's, ALDI, Old Navy, ULTA, Micro Center, Michaels, Five Below, and CVS. Nearby complementary businesses include Hobby Lobby, Costco, Best Buy, Giant Eagle, Marshalls, Fresh Thyme, Ross Dress for Less, Guitar Center, and JOANN. The center's success is further enhanced by its adjacency to Hillcrest Hospital, a 496-bed facility recognized as one of America's 100 Top Hospitals. Currently available spaces include a 21,400 square foot anchor opportunity, a newly created 6,979 square foot space, and a 6,600 square foot endcap space ideal for a hair salon. A proposed outlot of up to 7,500 square feet is also available. This is a rare chance to secure retail space in a highly successful, well-established shopping center with exceptional visibility and strong demographics.

    Property Features for 1371 Som Ctr Rd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    42,479 SF

    Unit(s) available at that property

    Space
    Endcap Hair Salon
    Size
    6,600 SF
    Space
    Proposed Outlot
    Size
    7,500 SF
    Space
    Anchor Space
    Size
    21,400 SF
    Space
    Available Space 4
    Size
    6,979 SF

    HighLights

    • Retail property in Mayfield Heights, OH, Eastgate Shopping Center, a super‑regional center with high visibility on SOM Center Road and Mayfield Road (SR 322).
    • Strong anchor tenants include Target, Marc's, ALDI, Old Navy, ULTA, Micro Center, Michaels, Five Below, and CVS.
    • Multiple spaces available: 21,400 SF anchor space, 6,979 SF newly created space, 6,600 SF endcap, and a proposed 7,500 SF outlot.
    • Convenient location near I‑271, I‑90, and I‑480, with proximity to Hillcrest Hospital and other major retailers like Hobby Lobby, Costco, and Best Buy.
    Property Profile Location Intelligence

    Current Use by Public Records

    EVgo Charging Station Electric Vehicle Charging Station Eastgate Shopping Center Shopping Mall Aldi/5belpw Shopping Mall Spirit Halloween Costume Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mayfield Heights
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.438373548367
    Latitude
    41.521948434444

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    FAQs

    What type of property is this?
    Restaurant - High-traffic Mayfield Heights retail spaces available.
    Where is this restaurant located?
    The property is located at 1371 Som Ctr Rd Mayfield Heights, OH.
    What are key features of this property?
    This property features: Retail property in Mayfield Heights, OH, Eastgate Shopping Center, a super-regional center with high visibility on SOM Center Road and Mayfield Road (SR 322).; Strong anchor tenants include Target, Marc's, ALDI, Old Navy, ULTA, Micro Center, Michaels, Five Below, and CVS.; Multiple spaces available: 21,400 SF anchor space, 6,979 SF newly created space, 6,600 SF endcap, and a proposed 7,500 SF outlot.
    Request Owner's contact information
    1371 Som Ctr Rd Mayfield Heights, OH 44124
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    Mayfield Heights, OH 44124
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1371 Som Ctr Rd Mayfield Heights, OH 44124
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