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16611 Southpark Ctr
Strongsville, OH 44136
Planet Fitness - Strongsville · Retail Property For Sale

Investment Highlights

  • Planet Fitness occupied the site in 2017 to take advantage of the beneficial location as an outparcel to Southpark Mall
  • The property is strategically positioned with excellent access and visibility along Howe Road (Traffic Count: 18,300 VPD), which runs parallel with In

Property Facts

Property Type
Retail
Property Subtype
Health Club
Building Size
15,311 SF
Building Class
C
Year Built
2003
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.17
Lot Size
2.01 AC
Zoning
SC
Parking
79 Spaces (5.15 Spaces per 1,000 SF Leased)
Frontage
125’ on Howe Rd

Amenities

  • 24 Hour Access
  • Pylon Sign
  • Security System
  • Signage
  • Skylights

About 16611 SOUTHPARK CTR , STRONGSVILLE, OH 44136

CBRE is pleased to exclusively offer the opportunity to acquire a 15,330–square–foot freestanding Planet Fitness that is situated on 2.01 acres in Strongsville, OH. Strongsville is a vibrant suburb of Cleveland, Ohio (MSA Population: 2.07 million) that blends an active business community with distinctive neighborhoods, abundant shopping, 2,400 acres of green space, excellent services, top-notch schools and active civic groups. Planet Fitness’ net lease has ± 7.5 years of primary term remaining and features an attractive $1.50/SF rent increase in 2.5 years, and $1.00/SF increases in each of the two 5–year renewal options. Planet Fitness occupied the site in 2017 to take advantage of the beneficial location as an outparcel to Southpark Mall.

Property Taxes

Property Taxes

Parcel Number
396-24-014
Land Assessment
$290,955
Improvements Assessment
$382,025
Total Assessment
$672,980
  • Listing ID: 18071526

  • Date on Market: 1/2/2020

  • Last Updated:

  • Address: 16611 Southpark Ctr, Strongsville, OH 44136

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