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    500 Aurora Rd Macedonia, OH 44056

    For Lease
    Contact for pricing

    Prime Retail Space, High Visibility, Strong Area

    Lot size:
    23,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional retail opportunity is located at Macedonia Gateway in Macedonia, Ohio, a thriving retail hub situated between Cleveland and Akron. The property offers multiple tenancy options, with spaces ranging from 3,500 square feet to 20,000 square feet (larger spaces available upon inquiry). This location boasts maximum visibility and convenient access, ensuring high traffic and customer exposure. The center is anchored by a strong lineup of national retailers, including Best Buy, Burlington, Nordstrom Rack, Office Max, Petco, T.J. Maxx, and Sephora (opening June 2024). This established retail corridor benefits from its position within a dominant trade area, attracting a significant customer base. The surrounding area also features a robust mix of retailers such as Giant Eagle, The Home Depot, Kohl's, Lowe's, Target, and Walmart, further solidifying the area's retail strength and drawing significant consumer traffic. This is an unparalleled opportunity to establish or expand your business in a high-demand location with exceptional visibility and access to a large customer base. Contact us today to discuss available space and lease terms. The property is classified as an anchor retail space with multiple tenancy options. The county is Summit County.

    Property Features for 500 Aurora Rd

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    23,500 SF

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    3,500 SF
    Space
    Available Space 2
    Size
    20,000 SF

    HighLights

    • 3,500 SF and 20,000 SF retail spaces available.
    • High‑visibility location in Macedonia, OH with excellent access.
    • Located in a strong retail trade area between Cleveland and Akron.
    • Join a strong tenant mix including Best Buy, Burlington, Nordstrom Rack, Office Max, Petco, T.J. Maxx, and Sephora (opening June 2024).
    • Nearby retailers include Giant Eagle, Home Depot, Kohl's, Lowe's, Target, and Walmart.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Smiles Chinese Restaurant Chinese Restaurant Sagamore Square Shopping ... Business Center Burlington Clothing Store OfficeMax Office Supply Store OfficeMax Tech Services Computer Support And Services

    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
    Macedonia
    County
    Summit
    State
    Ohio
    Longitude
    -81.520097293204
    Latitude
    41.313390669167

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    FAQs

    What type of property is this?
    Individual retail property - Prime Retail Space, High Visibility, Strong Area
    Where is this individual retail property located?
    The property is located at 500 Aurora Rd Macedonia, OH.
    What are key features of this property?
    This property features: 3,500 SF and 20,000 SF retail spaces available.; High-visibility location in Macedonia, OH with excellent access.; Located in a strong retail trade area between Cleveland and Akron.
    Request Owner's contact information
    500 Aurora Rd Macedonia, OH 44056
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    Macedonia, OH 44056
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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
    500 Aurora Rd Macedonia, OH 44056
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