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    OFF-MARKET
    Neighborhood centers

    2749 Medina Rd, Medina, OH 44256

    131,417 SF Built 1983
    Property ID
    Property summary
    AI-generated overview

    This exceptional two-story, multi-tenant retail plaza, totaling 131,417 square feet, presents a compelling investment opportunity. Located at the highly visible corner of Medina Road (SR-18) and Windfall Road, just 0.4 miles east of I-71, this property boasts impressive daily traffic counts of approximately 36,193 vehicles. The plaza offers six available suites ranging from 1,700 to 52,602 square feet, providing flexibility for various retail concepts. A significant 74,807 square feet of contiguous space is available for a big-box retailer. The property features approximately 510 parking spaces in a recently repaved lot, ensuring ample customer convenience. Built in 1983 and extensively renovated in 2022, the plaza benefits from 800 feet of frontage, providing excellent visibility and accessibility. The property includes 4,800 square feet of second-floor office space. Situated in Medina Township, it enjoys proximity to Downtown Medina (5 miles), Downtown Akron (18 miles), Downtown Cleveland (33 miles), and Cleveland Hopkins Airport (21 miles). The strong demographics of the area, with a population of 48,391 within a 5-mile radius and an average household income of $104,157, further enhance the investment potential. Net lease fees are estimated at $1.73 per square foot. Currently, 19,168 square feet are vacant.

    Property profile
    Verified
    Property type Neighborhood centers
    Year built 1983
    Total area 131,417 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
    Current use
    Occupant on record · Public records
    • Breakfast Club Barbell Gym & Fitness Center
    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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