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Forest Hills Shopping Center 13520-13620 Euclid Ave 66,114 SF 67% Leased Retail Building Cleveland, OH 44112 $3,400,000 ($51.43/SF) 10.69% Cap Rate
Investment Highlights
- 66,515 SF Neighborhood strip center
- 33% Vacancy (21,800 SF) creates immediate upside
- Demographic Density: 300K+ within 5 miles
- Offered at $51.12/SF, well below replacement cost
- Major urban corridor location near University Circle
Executive Summary
Property Facts
Amenities
- Signalized Intersection
Space Availability
- Space
- Size
- Space Use
- Position
- Available
AVAILABLE ON NOVEMBER 8TH. In-line divisible retail space with tons of frontage. There is additional basement space offers free square footage and makes it easy to add additions or convert the space for any use.
Prime in-line divisible retail space is available with a newly renovated sales floor featuring decorative lighting and reinforced slat wall, making it a great fit for apparel, home goods, and other light retail uses. Dedicated dressing rooms in place and expansive stockroom plus basement storage.
2nd Gen restaurant space. This space is partially built out with a vent hood in place, water lined for wash basin, electrical for kitchen equipment, and a private restroom.
Previously occupied as a grocery store with over 11,000 square feet of open space. Amazing opportunity to lease a large open space that can be modified for lots of uses. This space has a full dedicated parking lot, free basement storage and two entrances on the front and back of the plaza.
| Space | Size | Space Use | Position | Available |
| 13544 | 2,000-4,604 SF | Retail | In-Line | Now |
| 135604 | 1,500-3,459 SF | Retail | In-Line | Now |
| 13592-A | 782 SF | Restaurant | In-Line | Now |
| 13598 | 12,944 SF | Retail | In-Line | Now |
13544
| Size |
| 2,000-4,604 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
135604
| Size |
| 1,500-3,459 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
13592-A
| Size |
| 782 SF |
| Space Use |
| Restaurant |
| Position |
| In-Line |
| Available |
| Now |
13598
| Size |
| 12,944 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
13544
| Size | 2,000-4,604 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
AVAILABLE ON NOVEMBER 8TH. In-line divisible retail space with tons of frontage. There is additional basement space offers free square footage and makes it easy to add additions or convert the space for any use.
135604
| Size | 1,500-3,459 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
Prime in-line divisible retail space is available with a newly renovated sales floor featuring decorative lighting and reinforced slat wall, making it a great fit for apparel, home goods, and other light retail uses. Dedicated dressing rooms in place and expansive stockroom plus basement storage.
13592-A
| Size | 782 SF |
| Space Use | Restaurant |
| Position | In-Line |
| Available | Now |
2nd Gen restaurant space. This space is partially built out with a vent hood in place, water lined for wash basin, electrical for kitchen equipment, and a private restroom.
13598
| Size | 12,944 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
Previously occupied as a grocery store with over 11,000 square feet of open space. Amazing opportunity to lease a large open space that can be modified for lots of uses. This space has a full dedicated parking lot, free basement storage and two entrances on the front and back of the plaza.
Nearby Major Retailers
Property Taxes
| Parcel Number | 672-19-001 | Improvements Assessment | $777,070 |
| Land Assessment | $123,305 | Total Assessment | $900,375 |
Property Taxes
Presented by
Forest Hills Shopping Center | 13520-13620 Euclid Ave
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