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    4071 Lee Rd Cleveland, OH 44128

    Sponsored
    For Lease
    Contact for pricing

    Prime Retail Space, Cleveland, Ohio

    Lot size:
    201,491 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail opportunity presents itself in the form of the Lee Harvard Shopping Center, a well-established shopping center located at 4071 Lee Rd, Cleveland, Ohio, in Cuyahoga County, zip code 44128. The property boasts a total building area of 201,491 square feet and currently offers multiple spaces available for lease. The center features a diverse tenancy, providing a strong foundation for new businesses. Individual spaces range in size from a minimum of 1,500 square feet to a maximum contiguous space of 4,046 square feet, offering flexibility for various retail concepts. Currently, there are 5,546 square feet of vacant space available, presenting a unique chance to establish a presence in this thriving Cleveland location. The property's strategic location provides excellent visibility and accessibility, ensuring high foot traffic and customer exposure. This is an ideal opportunity for businesses seeking a well-established retail location in a bustling area of Cleveland. The property is classified as a retail shopping center with multiple tenants. The address is easily accessible and situated within a vibrant commercial district. This is a rare opportunity to secure retail space in a high-traffic location. Serious inquiries are encouraged to explore this promising investment.

    Property Features for 4071 Lee Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    201,491 SF

    Unit(s) available at that property

    Space
    Suite 130
    Size
    3,574 SF
    Space
    Suite B-1
    Size
    1,500 SF
    Space
    Suite 135-140
    Size
    6,211 SF
    Space
    Suite 270
    Size
    1,706 SF
    Space
    Suite 255
    Size
    680 SF
    Space
    Suite 240
    Size
    4,046 SF

    HighLights

    • High‑visibility corner location at Lee Road & Harvard Ave in Cleveland Heights (Cleveland MSA), 35,100 VPD.
    • Strong tenant mix including Dave's Market, Family Dollar, Wingstop, Goodwill, Subway, Little Caesars, T‑Mobile, and Walgreens.
    • Dense trade area with over 291,000 residents and 261,000 employees.
    • Convenient RTA station on‑site.
    Property Profile Location Intelligence

    Current Use by Public Records

    T-Mobile Cell Phone Store Dr. Michael D. ... Internist Cleveland Dental Institute Dentist Kozik James L ... Dentist MetroHealth Department of Dentistry Dentist

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Cleveland
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.5640987
    Latitude
    41.448396

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    FAQs

    What type of property is this?
    Retail property - Prime Retail Space, Cleveland, Ohio
    Where is this retail property located?
    The property is located at 4071 Lee Rd Cleveland, OH.
    What are key features of this property?
    This property features: High-visibility corner location at Lee Road & Harvard Ave in Cleveland Heights (Cleveland MSA), 35,100 VPD.; Strong tenant mix including Dave's Market, Family Dollar, Wingstop, Goodwill, Subway, Little Caesars, T-Mobile, and Walgreens.; Dense trade area with over 291,000 residents and 261,000 employees.
    Request Owner's contact information
    4071 Lee Rd Cleveland, OH 44128
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    Cleveland, OH 44128
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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
    4071 Lee Rd Cleveland, OH 44128
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