Property profile

2900 State Rd Cuyahoga Falls, OH 44223

FOR LEASE
Retail properties & Spaces
Property ID
US66-2772586
72,748 SF 8.35 ac lot Built 1962
Entity Owned Free & Clear
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Property summary

AI-generated overview

Marc's Plaza, located at 2900 State Rd, Cuyahoga Falls, OH 44223, offers exceptional retail space in a thriving commercial area. This grocery-anchored strip center boasts a prime location at a fully signalized intersection on State Road, ensuring high visibility and accessibility. Currently, there are three available spaces ranging in size from 1,700 square feet to 42,344 square feet, providing flexibility for various retail businesses. The plaza enjoys strong co-tenancy with established and reputable businesses including Subway, The UPS Store, Handel's Ice Cream, and Huntington National Bank, creating a synergistic and attractive environment for shoppers. Its strategic location directly across the street from Portage Crossings, a significant lifestyle center featuring Giant Eagle Market District, Cinemax, Lifetime Fitness, Starbucks, and Chipotle, further enhances its appeal and potential for high foot traffic and customer draw. This location offers a unique opportunity to establish a presence in a bustling commercial hub with excellent visibility and a diverse range of complementary businesses. The property's drive-through capabilities offer additional convenience for certain retail operations. This is an ideal opportunity for businesses seeking a high-traffic location with strong co-tenancy in a rapidly growing area of Cuyahoga Falls.

Property profile

Verified
Property type Retail properties & Spaces
Use group DEPARTMENT STORE
Year built 1962
Total area 72,748 SF
Lot 8.35 ac (363,726 SF)
APN 35-01226
UPID US66-2772586

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
  • Gym & Fitness Center
  • Grocery & Convenience Store Food Market
  • Bank Credit Union
  • Health Counselor
  • Atm

Location

2900 State Rd Cuyahoga Falls, OH 44223
Cuyahoga Falls metro Census 520301 AKRON, 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
$3.98M
Blend (final) Blend
$725k

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Office building $5.9M +32.7%
Medical building $5.9M +32.2%
Commercial (general) $4.9M +10.1%

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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More about this property
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