27401 Chardon Rd Willoughby Hills, OH 44092-2786
The Shoppes at Willoughby Hills presents a unique investment opportunity in a thriving Willoughby Hills, Ohio location. This 391,289 square foot, grocery-anchored shopping center enjoys a highly visible position just south of the I-90 and Bishop Road interchange, ensuring exceptional traffic flow and exposure. A recent acquisition and significant investment by a local developer has resulted in millions of dollars in upgrades, enhancing the center's aesthetic appeal and attracting a diverse tenant mix. Current tenants include Marc's (52,000 SF), Milestone Athletic Club (30,359 SF), Commercial Academy (21,865 SF), and Produce Packaging (155,000 SF). The property offers several compelling leasing opportunities for prospective tenants. Anchor spaces range from 24,500 SF to 45,070 SF, with a junior anchor space of 14,000 SF available adjacent to Marc's (new storefront to be created). Restaurant space is also available, including a 4,227 SF inline space (former Manhattan Deli). Outlot opportunities include a 4,531 SF former freestanding bank building and an additional 5.5 acres of land for new development. This property offers a blend of established tenants and exciting expansion potential, making it an ideal investment for discerning buyers seeking a strong return in a prime retail location.
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Isalis (Bike/Boat/Book/etc) Store
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Party City Party Supply Store (Bike/Boat/Book/etc) Store
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Skunk Funk Big Box & Wholesale Store
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Carl's Trading Co Hat Shop
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Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.