Property profile

28601 Chagrin Blvd Woodmere, OH 44122

FOR LEASE
Super regional malls
Property ID
US66-1241736
106,074 SF 17.7 ac lot Built 1989
Entity Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

Eton Chagrin Boulevard presents a unique opportunity to lease prime office space within Northeast Ohio's premier luxury shopping destination. This Class A mixed-use property boasts 314,000 square feet of upscale retail, dining, and office space, creating a vibrant and prestigious environment for your business. Currently, there are multiple suites available, ranging from a minimum of 1,122 square feet to a maximum contiguous space of 7,107 square feet, with a total of 17,321 square feet currently vacant. The property's strategic location, just east of the I-271/Chagrin Boulevard interchange, places it within close proximity to the area's highest-income neighborhoods. This ensures high visibility and accessibility for your business. Eton Chagrin Boulevard is home to a curated selection of national brands such as Tiffany & Co., Apple Store, Free People, and Lululemon Athletica, alongside unique boutiques and fine dining establishments, many of which are the only locations of their kind in the region. The property's ambiance is further enhanced by special events, outdoor amenities, and award-winning gardens. This is an exceptional opportunity to establish your business in a thriving, upscale environment. Contact us today to learn more about available spaces and lease terms.

Property profile

Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 1989
Construction TYPE NOT SPECIFIED
Total area 106,074 SF
Lot 17.7 ac (770,980 SF)
Zoning code U-4
APN 891-07-047
UPID US66-1241736

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Law Firm
  • Marketing & Advertising
  • Accounting Firm
  • Financial Advisor
  • Hair Salon

Location

28601 Chagrin Blvd Woodmere, OH 44122
Woodmere metro Census 197100 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$11.67M

Owner & transaction history

since 2023
3 recorded transactions
2023
Price N/A
2003
Price N/A
1969
Price N/A

Zoning & alternative use

U-4 · Woodmere, OH
Zoning description

District is intended to provide office building related uses

General category UNKNOWN
Top alternative use upside
Restaurant $17.9M +66.5%
Office building $11.7M +8.5%
Medical building $11.5M +7.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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