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    3573 Steelyard Dr Cleveland, OH 44109

    Sponsored
    For Lease
    Contact for pricing

    Target-adjacent retail space, divisible units.

    Lot size:
    8,256 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail opportunity is located within the thriving Steelyard Commons in Cleveland, Ohio. The property offers flexible space options, ranging from a 1,100 square foot former salon to a total of up to 7,156 square feet, which is easily divisible to suit various business needs. This prime location benefits from its proximity to a major Target store, ensuring high foot traffic and visibility. The center boasts a strong tenant mix, including The Exchange, Verizon, GNC, and the soon-to-open Pizza Cat. Steelyard Commons enjoys exceptional accessibility, with direct access from I-71 and SR 176, and benefits from an impressive annual vehicular traffic count exceeding 5 million vehicles on Steelyard Drive. The surrounding area boasts a substantial daytime population, with over 200,000 employees within a 5-mile radius, providing a large potential customer base. This translates to an estimated 8 million+ customers annually visiting the shopping center, creating a robust and reliable market for your business. This is a rare chance to establish a presence in a high-traffic, well-established retail center with a diverse and thriving customer base. The property's flexible space and strategic location make it ideal for a variety of retail businesses seeking a strong foothold in the Cleveland market.

    Property Features for 3573 Steelyard Dr

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,256 SF

    Unit(s) available at that property

    Space
    Available Space 3
    Size
    1,100 SF
    Space
    Available Space 4
    Size
    7,156 SF

    HighLights

    • 1,100 SF former salon space available.
    • Up to 7,156 SF of divisible retail space available.
    • Strong tenant mix including Target, The Exchange, Verizon, GNC, and Pizza Cat.
    • High annual customer traffic exceeding 8 million.
    • Over 5 million vehicles annually on Steelyard Drive.
    • Excellent highway access via I‑71 and SR 176.
    Property Profile Location Intelligence

    Current Use by Public Records

    THE EXCHANGE Record 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
    Cleveland
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.689743200807
    Latitude
    41.45724080935

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    FAQs

    What type of property is this?
    Individual retail property - Target-adjacent retail space, divisible units.
    Where is this individual retail property located?
    The property is located at 3573 Steelyard Dr Cleveland, OH.
    What are key features of this property?
    This property features: 1,100 SF former salon space available.; Up to 7,156 SF of divisible retail space available.; Strong tenant mix including Target, The Exchange, Verizon, GNC, and Pizza Cat.
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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
    3573 Steelyard Dr Cleveland, OH 44109
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