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16816 Chillicothe Rd
Chagrin Falls, OH 44023
Signature Square - Boutique Retail + Dining · Property For Lease

Highlights

  • The tenants of Signature Square will benefit from the high quality, well thought-out and sustainable modern architecture of this development.
  • Build to suit.
  • The new commercial district will feature the Otero Signature Homes state of the art design center, as well as boutique retail and dining opportunities

Property Facts

Property Type Retail
Property Subtype Restaurant
Gross Leasable Area 20,000 SF
Construction Status Proposed

About the Property

Signature Square is located in beautiful Bainbridge Twp., part of the highly sought after Chagrin Valley area. The 20,000 sf modern architecture building will be developed as a retail plaza targeting high end dining, boutique retail and professional offices. The plaza will also be the retail offices for Otero Signature Homes LLC, which caters to the high-end real estate and interior design consumer. The 3.5 acre parcel is zoned Convenience Business, with deed restrictions, and is located at one of the busiest intersections in Geauga County at State Route 306 and East Washington. Over 15,000 cars travel State Route 306 on a daily basis and another 12,000 cars travel through the East Washington intersection, for a total of 27,000 cars through the intersection daily. The convenient location is also 1.5 miles away from the US-422 interchange. In addition to the high visibility of the location, it is surrounded by current and future commercial real estate. Directly to the North is a highly successful Dunkin Donuts with over 9,000 customers weekly. Across the street is a 5 acre parcel zoned Convenience Business/Professional Office and will inevitably be developed in the future. This amazing corner location is prime for high quality commercial development. The demographics support the need for a high-quality plaza that will be a destination location for local clientele as well as the surrounding cities of South Russell, Chagrin Falls, Auburn Twp, Aurora and Solon. The current makeup of the surrounding commercial businesses are a mix from chain franchises such as Jersey Mikes, Dunkin Donuts, Subways, Panera, etc., to grocery/hardware stores such as Heinen’s, Discount Drug and Ace Hardware. There are several Banking institutions such as Huntington, KeyBank, First National Bank, Fifth Third Bank and PNC all within proximity to our location. The Signature Square development has fantastic visibility on Rt 306 with 300 foot of frontage. In addition, we have negotiated cross access easements between the Dunkin Donuts and KeyBank parcels that adjoin the property to the North. This will increase our ease of ingress and egress and drive more complimentary consumer traffic in and through the development. High end tenants that would be ideal for this location are as follows: a beautifully designed high end restaurant featuring a diverse menu and open air patio dining, a family friendly all day café that would transition from week day meeting breakfasts/weekend brunch to evening family dinners, any kind of family friendly boutique ice cream, yoga/Pilates/fitness studios with smoothie bar, professional financial advisers, wine or bourbon bar and lounge with outdoor patio and boutique clothing/retail apparel just to name a few. All of these potential tenants would be complimentary and would benefit from the high- end architecture of Signature Square.

  • Listing ID: 30417063

  • Date on Market: 12/21/2023

  • Last Updated:

  • Address: 16816 Chillicothe Rd, Chagrin Falls, OH 44023

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