27401 Chardon Rd Willoughby Hills, OH 44092

Property Details for 27401 Chardon Rd

Year built

1990

Lot size

0.81 lot acres

Property size

8,818 SF

Property type

Parking lots & garages

APN

31-A-008-0-00-031-0

APU

31A0080000310

Description

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.

Location Insight

City

Willoughby Hills

County

Lake

State

Ohio

Longitude

-81.4863

Latitude

41.583

CBSA code

17460

CBSA name

CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments