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Property profile & analytics
OFF-MARKET
Neighborhood centers

13520 Euclid Ave East Cleveland, OH 44112

66,114 SF Built 1940
Property ID
Property summary
AI-generated overview

Forest Hills Shopping Center, located at 13520 Euclid Ave, East Cleveland, OH 44112, presents a compelling retail investment opportunity. This single-story, 66,114 square foot strip center, built in 1940, offers multiple spaces for lease, ranging from a minimum of 3,295 square feet to a maximum contiguous space of 12,944 square feet. Currently, 27,108 square feet are vacant, providing significant potential for new tenants. The property boasts exceptional visibility at the bustling intersection of Euclid and Superior Avenues, benefiting from high traffic volume and convenient access to public transportation via the Superior Transit Station. Ample parking is available both in front and rear of the building. The property features a dedicated turn lane at one of its signalized intersections, further enhancing accessibility. Taxes are $4.62 per square foot. Its strategic location near University Circle, Historic Little Italy, Forest Hill Park, the Cleveland Museum of Natural History, and the Cleveland Clinic Main Campus ensures exposure to a large and diverse customer base. A unique advantage is the availability of free basement storage space, approximately equal to the leased square footage, in select suites. This prime location in Cuyahoga County offers a rare chance to establish or expand a business within a thriving community.

Property profile
Verified
Property type Neighborhood centers
Year built 1940
Total area 66,114 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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