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    OFF-MARKET
    Neighborhood centers

    82 Interstate 71 & State Rte, Strongsville, OH 44136

    312,000 SF
    Property ID
    Property summary
    AI-generated overview

    The Plaza at Southpark, a 312,000 square foot super-regional shopping center in Strongsville, Ohio, presents a prime investment opportunity. This multi-tenant strip center boasts a coveted location in the southwest Cleveland trade area, directly across from the major SouthPark Mall (featuring Macy's, Dillard's, JCPenney, and Dick's Sporting Goods). The center is anchored by a strong lineup of national retailers including Costco, Best Buy, Jared, Ulta Beauty, Five Below, Petco, and La-Z-Boy, ensuring consistent high foot traffic. Its strategic position at the intersection of Interstate 71 and Royalton Road (State Route 82) benefits from exceptional visibility and accessibility, with a daily traffic count exceeding 56,696 vehicles passing the northwest corner. Currently available spaces include a significant 26,086 square foot big box anchor opportunity (124' x 196') and a 3,000 square foot (30' x 100') unfinished space, offering flexibility for various retail concepts. This property represents a rare chance to acquire a well-established retail center in one of Northeast Ohio's highest-traffic areas. The existing tenant mix and location provide a strong foundation for future growth and profitability. The available spaces offer significant potential for expansion or new retail ventures within this thriving commercial hub. Located in Cuyahoga County, this property is ideally situated to capitalize on the robust consumer base of the surrounding community.

    Property profile
    Verified
    Property type Neighborhood centers
    Total area 312,000 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
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    Zoning & alternative use
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