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10735 Ravenna Rd
Twinsburg, OH 44087
Twinsburg Plaza · Retail Property For Sale


Investment Highlights
- Essential Daily Use Tenant Lineup
- Dense Demographics Supporting Tenant Uses
- Stable Occupancy with Tenant Retention
- Capital Improvement Investment
- Minimal Retailer Competition
Executive Summary
Twinsburg Plaza is a 115,532 square-foot, multi-tenant neighborhood retail center situated on 13.6 acres at 10735–10755 Ravenna Road in Twinsburg, Ohio, strategically positioned within the Cleveland–Akron suburban corridor. The property is fully occupied and features a diverse mix of essential daily-use and service-oriented tenants, anchored by nationally recognized operators including Dollar General, Goodwill Industries, and Onyx Health Club 24/7, which collectively drive consistent neighborhood traffic and recurring consumer demand. The center provides 630 parking spaces (5.24 per 1,000 SF) and benefits from strong frontage and accessibility along Ravenna Road. Twinsburg Plaza generates approximately $1,140,000 in total gross revenue and $775,800 in in-place net operating income, offering stable cash flow with upside through contractual lease escalations. The asset has received over $1M in capital improvements in the past decade, including new TPO roofing systems and multiple HVAC replacements, reducing near-term capital risk. Supported by strong surrounding demographics, including an average household income exceeding $150,000 within a three-mile radius, and limited new neighborhood retail supply, Twinsburg Plaza presents a compelling opportunity to acquire a stabilized retail asset in a durable suburban trade area.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
115,532 SF
Building Class
B
Year Built
1965
Price
$9,697,500
Price Per SF
$83.94
Cap Rate
8%
NOI
$775,800
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
3 Exterior
Building FAR
0.20
Lot Size
13.60 AC
Zoning
C-2 - A principal central shopping center of community importance. Retail, service, medical, office, bank or similar business.
Parking
630 Spaces (5.45 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
Property Taxes
| Parcel Numbers | Improvements Assessment | $879,333 | |
| Land Assessment | $368,408 | Total Assessment | $1,247,741 |
Property Taxes
Parcel Numbers
Land Assessment
$368,408
Improvements Assessment
$879,333
Total Assessment
$1,247,741
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