I-271 Cleveland Rd Beachwood, OH 44122
This exceptional Class A retail property, located in Beachwood, Ohio (Cuyahoga County, zip code 44122), offers a substantial 400,000 square feet of vacant space across three stories. Situated conveniently near I-271 in Cleveland, this multi-tenant building presents a unique opportunity for businesses seeking prime retail space in a thriving location. Opened in Spring 2018, the property is established as a premier open-air destination, boasting a diverse mix of high-profile tenants including Whole Foods, REI, West Elm, Pinstripes, Silverspot Cinemas, and many more. The property's strategic location on the affluent east side of Cleveland ensures high visibility and significant foot traffic. This expansive space is ideal for a variety of retail concepts, restaurants, or hotel operations, providing ample room for large-scale development or expansion. The property's modern design and prime location make it an attractive investment opportunity within a vibrant and successful retail center. The entire 400,000 square feet is currently available for lease. This presents a rare chance to establish a significant presence in a well-established and highly sought-after retail environment. Further details are available upon request.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.