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0 Great Northern Shop Ctr North Olmsted, OH 44070

OFF-MARKET
Retail properties & Spaces
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Property summary

AI-generated overview

This exceptional 41,228 square foot grocery anchor sublease opportunity is located within Great Northern Plazas, a thriving 600,000 square foot regional power center in North Olmsted, Ohio. Situated at the prominent Great Northern Shop Center, this space benefits from excellent visibility on Brookpark Road and convenient access from I-480, ensuring high traffic volume from a substantial customer base spanning North Olmsted, Rocky River, Westlake, Bay Village, and Lakewood. The property is a single-tenant space within a robust retail environment, boasting a strong lineup of co-tenants including nationally recognized brands such as Burlington, Best Buy, DSW, Ulta, Petsmart, JOANN, The Home Depot, Big Lots, and Marc's. Further enhancing the location's appeal is the presence of a diverse range of additional retailers, including Five Below, Chuck E. Cheese, Chipotle, Panera Bread, Jersey Mike's Subs, Applebee's, GameStop, Great Clips, Hallmark, and Sally Beauty. This prime location offers unparalleled exposure and accessibility, making it an ideal opportunity for a grocery retailer seeking a high-traffic, established market presence in a well-known shopping center in Cuyahoga County, Ohio, with a zip code of 44070. The property is classified as Retail, Subtype Grocery, Anchor.

Property profile

Verified
Property type Retail properties & Spaces

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Great Northern Shop Ctr North Olmsted, OH 44070
North Olmsted metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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