35015-35219 Royalton Rd Grafton, OH 44044
- Lifestyle centers
- 12,000 SF
- 1.77 lot acres
Current Use by Public Records
- Lifestyle centers
Property Details for 35015-35219 Royalton Rd
- Lot size
- 1.77 lot acres
- Property size
- 12,000 SF
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
This 12,000 square foot Class C shopping center in Grafton, Ohio, presents a compelling investment opportunity. Anchored by a Dollar Tree, the property boasts a strong mix of national and local tenants with a proven history of success. Situated on a 1.77-acre lot at 35015-35219 Royalton Rd, 44044, this multi-tenant retail center offers significant value-add potential. Available outparcels and the possibility for future development on the site provide avenues for increased profitability. The property benefits from substantial recent residential growth in the area, with over 500 new homes constructed and further residential expansion planned. This influx of new residents translates to increased foot traffic and potential for enhanced tenant occupancy. Detailed financial information is available upon request. This is an exceptional opportunity to acquire a well-positioned retail asset in a thriving community experiencing significant population growth. The property's strong tenant base and development potential make it an attractive investment for those seeking a stable income stream with future upside. The location in Lorain County, Ohio, offers convenient access to major transportation routes and a growing consumer base.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Grafton
- County
- Lorain
- State
- Ohio
- Longitude
- -82.0018
- Latitude
- 41.3136
