13520 Euclid Ave East Cleveland, OH 44112
- Neighborhood centers
- 66,114 SF
Current Use by Public Records
- Neighborhood centers
Property Details for 13520 Euclid Ave
- Year built
- 1940
- Property size
- 66,114 SF
- Property type
- Neighborhood centers
- Property subtype
- Retail properties
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- East Cleveland
- County
- Cuyahoga
- State
- Ohio
- Longitude
- -81.5888
- Latitude
- 41.5232
