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Property profile & analytics
OFF-MARKET
Lifestyle centers

3825 Monticello Blvd Cleveland Heights, OH 44121

10,159 SF 1.55 ac lot Built 1999
Property ID
Property summary
AI-generated overview

This exceptional 10,159 square foot retail building, formerly a CVS Pharmacy, presents a unique investment opportunity in the thriving Cleveland Heights, Ohio market. Located at the signalized intersection of Noble Road and Monticello Boulevard, this property boasts high visibility and accessibility. Built in 1999, the building sits on a generous 1.55-acre lot and features ample parking, including a convenient drive-thru lane. The property's strategic location within a densely populated area ensures significant foot traffic and potential for strong returns. Nearby retail centers include the prominent Severance Town Center (anchored by Home Depot, Dave's Supermarket, and Marshall's) and Oakwood Commons (featuring Walmart, TJ Maxx, HomeGoods, and Burlington), indicating a robust and established retail environment. The property is currently vacant and available for sale or lease under a triple-net (NNN) lease structure. This presents a blank canvas for a wide range of retail uses, capitalizing on the high traffic count and established commercial presence in the immediate vicinity. The address is 3825 Monticello Blvd, Cleveland Heights, OH 44121, within Cuyahoga County. This property offers a compelling opportunity for investors and retailers seeking a prime location in a dynamic market. The building's size, location, and existing infrastructure make it an ideal candidate for redevelopment or immediate occupancy.

Property profile
Verified
Property type Lifestyle centers
Year built 1999
Total area 10,159 SF
Lot 1.55 ac (67,518 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
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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