27100 Chagrin Blvd Beachwood, OH 44122
Two-tenant retail center in affluent Chagrin Corridor submarket.
Type:Retail
Property size:
25,684 SF- Added:
- Apr 16, 2024
- Days on Market:
- 733
- Last Refresh:
- Mar 17 at 1:25 pm
Property Features for 27100 Chagrin Blvd
General Information
- Standard status
- Active
- Size
- 25,684 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1979
Listing agent Noah Dewhirst License #SAL 2023005727
Listing office Passov Real Estate Group
Listing date Apr 16, 2024
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Passov Real Estate Group
Overview
NNN Retail Center For Sale
This retail center is located in the Chagrin Corridor submarket. The property is an 84% covered land value absolute NNN two-tenant building. It is located directly off I-271 at the signalized intersection of Chagrin Blvd & Exit 29, which sees a combined 36,773 vehicles per day. One tenant, Choolaah, has invested over $1.2M in buildouts, while LJI Collision invested $1.5M into their respective spaces. The property is situated in an area with an average household income of $197,000 within a 1-mile radius and a submarket vacancy rate of 1.7% within the General Retail asset class. The tenants' strong sales performance is attributed to the property’s real estate fundamentals.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Shopping centers
Similar Places Nearby
- Chagrin Plaza East — 23811 Chagrin Blvd, Cleveland, OH 44122
- Pavilion Shopping Center — 24055 Chagrin Blvd, Beachwood, OH 44122
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Location Insight
- Map
- Local Demand
- City
- Beachwood
- County
- Cuyahoga
- State
- Ohio
- Longitude
- -81.487407
- Latitude
- 41.462277
Nearby Similar for Sale
FAQs
What type of property is this?
Shopping center - Two-tenant retail center in affluent Chagrin Corridor submarket.
Where is this shopping center located?
The property is located at 27100 Chagrin Blvd Beachwood, OH.
What is the asking price?
The asking price for this property is $8,143,000.
What are key features of this property?
This property features: High average household income ($197,000 within 1‑mile).; Located directly off I‑271 at a signalized intersection with high traffic volume (36,773 vehicles per day).; Absolute NNN lease structure with 84% covered land value.
