6901 Ridge Rd Parma, OH 44129
- Neighborhood centers
- 6,300 SF
Current Use by Public Records
- Neighborhood centers
Property Details for 6901 Ridge Rd
- Property size
- 6,300 SF
- Property type
- Neighborhood centers
- Property subtype
- Retail properties
Description
This exceptional 6,300-square-foot retail space in Parma, Ohio, presents a unique investment opportunity. Located at 6901 Ridge Road, 44129, this strip center boasts a highly visible location directly across from major retailers Target and Kohl's. The property benefits from its proximity to the newly renovated Shoppes at Parma, a 992,000-square-foot shopping center, solidifying its position within one of Northeast Ohio's largest retail clusters. Currently, the entire 6,300 square feet is available for lease. The site enjoys exceptional daily traffic, with over 25,392 vehicles passing on Ridge Road. This translates to significant exposure for businesses. Furthermore, the property is situated in a densely populated area, with over 243,000 residents within a 5-mile radius, exhibiting average household incomes exceeding $74,000. This strong demographic profile ensures a robust customer base. For qualified tenants, build-to-suit options or ground leases are available, providing flexibility to tailor the space to specific business needs. The property's adjacency to a Panda Express further enhances its appeal and visibility. This is a rare opportunity to establish a presence in a thriving retail corridor with exceptional visibility and access to a substantial consumer market.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Parma
- County
- Cuyahoga
- State
- Ohio
- Longitude
- -81.7346
- Latitude
- 41.3776
