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114 E Aurora Rd 8,043 SF 100% Leased Retail Building Northfield, OH 44067 $1,175,000 ($146.09/SF) 7% Cap Rate
Investment Highlights
- Heavy Traffic
- Parking lot updated
- Great Cap Rate
- Great Presence
- Macedonia Retail Area
Executive Summary
Prime Retail Investment Opportunity – 114 Aurora Road, Macedonia, OH
8,043 SF | Fully Leased | High-Traffic Location
Located in the heart of Macedonia’s vibrant retail corridor, this 8,043 square foot commercial property presents an outstanding investment opportunity. The building is 100% occupied with long-term leases in place, offering stable and predictable income.
Property Highlights:
8,043 SF of well-maintained retail space
Fully leased to excellent, established tenants
Recent parking lot upgrades ensure low maintenance and great curb appeal
Positioned in a high-visibility location with over 36,000 cars passing daily
Surrounded by national retailers and regional draws, making this a thriving commercial hub
This property offers both immediate cash flow and long-term upside in a growing and desirable market. Ideal for investors seeking a low-risk, high-performing asset in one of Northeast Ohio’s most active retail corridors.
8,043 SF | Fully Leased | High-Traffic Location
Located in the heart of Macedonia’s vibrant retail corridor, this 8,043 square foot commercial property presents an outstanding investment opportunity. The building is 100% occupied with long-term leases in place, offering stable and predictable income.
Property Highlights:
8,043 SF of well-maintained retail space
Fully leased to excellent, established tenants
Recent parking lot upgrades ensure low maintenance and great curb appeal
Positioned in a high-visibility location with over 36,000 cars passing daily
Surrounded by national retailers and regional draws, making this a thriving commercial hub
This property offers both immediate cash flow and long-term upside in a growing and desirable market. Ideal for investors seeking a low-risk, high-performing asset in one of Northeast Ohio’s most active retail corridors.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,043 SF
Building Class
C
Year Built/Renovated
1966/2006
Price
$1,175,000
Price Per SF
$146.09
Cap Rate
7%
NOI
$82,250
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.29
Lot Size
0.64 AC
Zoning
Commercial - Retail
Parking
41 Spaces (5.12 Spaces per 1,000 SF Leased)
Frontage
200’ on Aurora
Amenities
- Security System
- Signage
- Air Conditioning
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
- -
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$9.99
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Lorem Ipsum
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Jan 0000
Fleet Feet operates as a specialty running and walking retailer that provides footwear, apparel, and accessories alongside personalized fitting and gait analysis services. The company began in 1976 and has expanded through a combination of franchised and locally owned stores across the United States. Fleet Feet is privately held under its national operating structure and continues to expand regionally through acquisitions and new store development.
- Westerman Group The
- Finance and Insurance
- -
-
$9.99
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Lorem Ipsum
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Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Retailer | - | $9.99 | Lorem Ipsum | Jan 0000 | |
| Westerman Group The | Finance and Insurance | - | $9.99 | Lorem Ipsum | Jan 0000 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 40-02231 | Improvements Assessment | $199,756 |
| Land Assessment | $41,311 | Total Assessment | $241,067 |
Property Taxes
Parcel Number
40-02231
Land Assessment
$41,311
Improvements Assessment
$199,756
Total Assessment
$241,067
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114 E Aurora Rd
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