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    FOR LEASE
    Community centers

    10333 Northfield Rd, Northfield, OH 44067

    192,418 SF 21.18 ac lot Built 1960
    Entity Owned 23-yr Hold Free & Clear
    Property ID
    US66-2029077
    Property summary
    AI-generated overview

    Summit Plaza, located at 10333 Northfield Rd in Northfield, OH 44067, presents a unique opportunity for businesses seeking retail, office, or restaurant space. This Class C property boasts a total of 206,310 square feet across 21.18 acres within the Nordonia Hills submarket (Macedonia, Sagamore Hills, Boston Heights, Northfield Center cluster). Currently, seven spaces are available, ranging from 900 square feet to 87,120 square feet, offering flexibility for various business needs. Several parcels at the front of the plaza, adjacent to high-traffic anchor tenants such as McDonald's and Handel's Ice Cream, are also available for ground lease (up to 2 acres, divisible as needed). The property benefits from high visibility and heavy traffic counts, situated conveniently near MGM Northfield Park and within 10 minutes of Highway 271. Existing anchor tenants include Firestone, United Auto Supply, Goodwill, Onyx Fitness, Smoke Outlook, and H&R Block, ensuring a strong and established tenant base within a densely populated area. Negotiable rental rates are available. This prime location offers exceptional exposure and accessibility for businesses seeking to thrive in a vibrant commercial environment.

    Property profile
    Verified
    Property type Community centers
    Use group MINI-MALL
    Year built 1960
    Total area 192,418 SF
    Lot 21.18 ac (922,601 SF)
    APN 41-02109
    UPID US66-2029077
    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
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $4.16M
    Blend (final) Blend
    $3.59M
    Owner & transaction history
    L Properties · 23 yrs held
    L Properties
    since 2003
    7 recorded transactions
    2018
    2003
    2003
    2000
    $3.2M
    1969
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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