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    3269 Steelyard Dr Cleveland, OH 44109

    For Lease
    Contact for pricing

    Cleveland Retail Space: High Traffic Location

    Lot size:
    4,036 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional retail opportunity is located within the thriving Steelyard Commons in Cleveland, Ohio. The property offers two spaces: a 2,500 square foot former retail space with 35 feet of frontage, ideal for an endcap tenant, and a 1,536 square foot unfinished space with 21 feet of frontage, offering flexibility for build-out to suit specific business needs. A tenant improvement allowance is available to assist with construction costs. The property benefits from its prime location, boasting high visibility and accessibility. Steelyard Commons enjoys exceptional traffic counts, with over 5 million vehicles annually traversing Steelyard Drive, and is conveniently situated directly off I-71 and SR 176, ensuring easy access for customers. The surrounding area boasts a substantial daytime population, exceeding 200,000 employees within a 5-mile radius, translating to a large potential customer base. The center is already home to established and successful businesses, including Five Guys, Penn Station, and Bright Now Dental, all of which have been operating successfully for several years, creating a strong and vibrant retail environment. This location offers an unparalleled opportunity to tap into a significant customer base of over 8 million annually. The available spaces present a unique chance to establish a thriving business within a high-traffic, well-established retail center.

    Property Features for 3269 Steelyard Dr

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,036 SF

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    1,536 SF
    Space
    Available Space 2
    Size
    2,500 SF

    HighLights

    • Exceptional retail opportunity in Steelyard Commons, Cleveland, OH.
    • Two spaces available: 2,500 SF endcap space with 35' frontage and 1,536 SF unfinished space with 21' frontage. Tenant improvement allowance available.
    • High visibility and accessibility with over 5 million vehicles annually on Steelyard Drive, directly off I‑71 and SR 176.
    • Strong daytime population exceeding 200,000 employees within a 5‑mile radius, and over 8 million annual customer base.
    • Located in established center with successful tenants including Five Guys, Penn Station, and Bright Now Dental.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dr. Ashley Dawes Dentist Bright Now! Dental ... Dentist

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Cleveland
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.686573814898
    Latitude
    41.464437597463

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    FAQs

    What type of property is this?
    Individual retail property - Cleveland Retail Space: High Traffic Location
    Where is this individual retail property located?
    The property is located at 3269 Steelyard Dr Cleveland, OH.
    What are key features of this property?
    This property features: Exceptional retail opportunity in Steelyard Commons, Cleveland, OH.; Two spaces available: 2,500 SF endcap space with 35' frontage and 1,536 SF unfinished space with 21' frontage. Tenant improvement allowance available.; High visibility and accessibility with over 5 million vehicles annually on Steelyard Drive, directly off I-71 and SR 176.
    Request Owner's contact information
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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
    3269 Steelyard Dr Cleveland, OH 44109
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