4025 Richmond Rd Warrensville Heights, OH 44122
For Lease
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Harvard Park offers a unique investment opportunity in a thriving Cuyahoga County location. This power/strip center boasts 234,035 square feet of retail space situated at the southwest corner of Interstate 271 and Harvard Road. Its strategic location within the 630-acre Chagrin Highlands development provides exceptional visibility and accessibility. The development is anchored by major businesses including University Hospitals Ahuja Medical Center, Life Time Fitness, and Eaton Corporation, ensuring a high volume of foot traffic and a strong consumer base. Harvard Park's diverse tenant mix includes well-established national brands such as HomeGoods, Ulta, ALDI, Golf Galaxy, Marshalls, DSW, OfficeMax, Five Below, Value City Furniture, Famous Footwear, Panera Bread, Five Guys, Robeks, and Dave's Hot Chicken. This ensures a consistent flow of customers and a stable income stream. Currently, there are two available spaces: one measuring 2,468 square feet and another measuring 2,402 square feet, presenting an excellent opportunity for expansion or new business ventures within this successful retail environment. The center's prime location and strong tenant occupancy make it an attractive investment for discerning buyers seeking a high-performing retail property in a rapidly growing area.
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
U-7 · Beachwood, OHCosts & 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.