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Property profile & analytics
FOR LEASE
Community centers

36053 Detroit Rd Avon, OH 44011

5,554 SF 0.65 ac lot Built 1952
Entity Owned Free & Clear
Property ID
US66-0376238
Property summary
AI-generated overview

French Creek Square, located at the intersection of State Route 83 and Detroit Road in Avon, OH, offers exceptional retail opportunities within a thriving regional trade area. This multi-tenant center boasts a total of 46,790 square feet and sits on a 3.55-acre lot, providing excellent visibility and accessibility to Cleveland's affluent West Side neighborhoods. The property currently houses a diverse range of established businesses including Bibibop Asian Grill, Verizon, Taco Bell, Chase Bank, Fifth Third Bank, Bob Evans, Penn Station, Five Guys Burgers & Fries, Moe's Southwest Grill, Bank of America, Great Clips, uBreakiFix, Tropical Smoothie Cafe, and DentalWorks. Several inline spaces are immediately available, ranging from 1,694 square feet to 4,081 square feet, with a larger 6,166 square foot building also divisible. A significant opportunity also exists for a new anchor tenant with a proposed 40,000 square foot space on approximately 3.4 acres. The minimum divisible space is 3,311 square feet, and up to 55,640 contiguous square feet is available. This prime location offers unparalleled exposure and strong tenant synergy, making it an ideal investment for businesses seeking high-traffic visibility in a prosperous community. An ATM site is also available.

Property profile
Verified
Property type Community centers
Use group MINI-MALL
Year built 1952
Total area 5,554 SF
Lot 0.65 ac (28,314 SF)
APN 04-00-015-109-040
UPID US66-0376238
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
Current use
Occupant on record · Public records
  • French Creek Square Park
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$350k
CAP Approach CAP
by Request
Comparable Approach Comparable
$717k
Blend (final) Blend
$575k
Owner & transaction history
City Of Avon
City Of Avon
since 2025
6 recorded transactions
2025
Price N/A
2012
Price N/A
2011
Price N/A
2010
Price N/A
2010
$850,000
2009
$60,300
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $870,000 +103.6%
Apartment house (5+ units) $775,000 +80.9%
Office building $535,000 +25.3%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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