1499 Columbia Rd Westlake, OH 44145
This exceptional retail opportunity presents two prime spaces for lease within the Columbia Westlake Michael's Center in Westlake, Ohio. A highly visible 2,838 square foot end-cap space, previously occupied by CORE CLE Fitness Studio, is available. Additionally, a substantial 6,500 square foot inline space is ready for a new tenant. This center enjoys a strong, high-traffic location, strategically positioned near the intersection of I-90 and Columbia Road, ensuring excellent visibility and accessibility. The property benefits from ample parking, catering to the convenience of customers and employees alike. The location is situated within an affluent neighborhood boasting high household incomes and easy regional access, providing a robust customer base. Furthermore, the property is slated for a façade renovation, coinciding with the resizing of the existing Michael's store, enhancing the overall aesthetic appeal and attracting further interest. This presents a unique chance to establish a thriving business in a well-established and improving retail center. The combination of size options, prime location, and upcoming renovations makes this an exceptional investment opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.