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    Detroit Rd Sheffield, OH 44054

    Sponsored
    For Lease
    Contact for pricing

    Prime Retail Space in Sheffield Village, OH

    Lot size:
    113,688 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Sheffield Crossing offers exceptional retail space in the thriving Sheffield Village, Ohio market. This multi-tenant property, totaling 113,688 square feet, boasts a strong anchor tenant: Giant Eagle, the number one grocer in the Cleveland area. The center is strategically located at the intersection of Detroit Road and Abbe Road, a high-traffic area with over 37,400 vehicles passing daily. This ensures excellent visibility and accessibility for your business. Currently, there is 8,800 square feet of vacant space available, divisible into units ranging from a minimum of 1,200 square feet to a maximum contiguous space of 4,000 square feet. The property is situated in Lorain County, within a three-mile radius boasting a population exceeding 39,300 and an average household income greater than $88,600. This ensures a robust customer base for your business. The center is complemented by a diverse mix of established businesses, including Edward Jones, Great Clips, The UPS Store, and Verizon Wireless, creating a synergistic and attractive retail environment. This location provides an unparalleled opportunity to establish or expand your retail presence in a high-demand area with strong demographics and significant foot traffic. The property is located on Detroit Rd in Sheffield, OH, zip code 44054.

    Property Features for 0 Detroit Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    113,688 SF

    Unit(s) available at that property

    Space
    Suite 6
    Size
    3,600 SF

    HighLights

    • 113,688 SF multi‑tenant retail center in Sheffield Village, OH.
    • Strong anchor tenant: Giant Eagle.
    • High‑traffic location (37,400+ vehicles daily) at Detroit Rd & Abbe Rd intersection.
    • 8,800 SF of divisible retail space available (1,200 SF - 4,000 SF units).
    • Densely populated trade area (39,300+ within 3 miles) with high average household income ($88,600+).
    • Co‑tenancy includes Edward Jones, Great Clips, The UPS Store, and Verizon Wireless.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Sheffield
    County
    Lorain
    State
    Ohio
    Longitude
    -82.0792597
    Latitude
    41.4255489

    Nearby Comparable

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    Nearby Similar for Lease

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      Retail Space on Detroit Road

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      5224-5298 Detroit Rd, Sheffield, OH
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      Sheffield Retail Center - 10,500 SF

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    FAQs

    What type of property is this?
    Retail property - Prime Retail Space in Sheffield Village, OH
    Where is this retail property located?
    The property is located at Detroit Rd Sheffield, OH.
    What are key features of this property?
    This property features: 113,688 SF multi-tenant retail center in Sheffield Village, OH.; Strong anchor tenant: Giant Eagle.; High-traffic location (37,400+ vehicles daily) at Detroit Rd & Abbe Rd intersection.
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    Detroit Rd Sheffield, OH 44054
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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
    Detroit Rd Sheffield, OH 44054
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