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2201 Warrensville Center Rd 165,000 SF 100% Leased 4-Star Retail Building University Heights, OH 44118 For Sale
INVESTMENT HIGHLIGHTS
- 165k SF Two-Level Department Store at University Square, Available For Sale
- Fee Simple Ownership
- 2.2 Acres
EXECUTIVE SUMMARY
Located in the heart of University Heights, 2201 Warrensville Center Road is a two-story, 165,000-square-foot Class A retail building constructed in 2001. Situated on a 15.9-acre site within the University Square shopping complex, the property features strong visibility with nearly 200 feet of frontage along Warrensville Center and Cedar Roads. It offers ample surface parking with approximately 1,650 spaces and is fully leased, making it a strong investment asset in a high-traffic corridor. The site benefits from excellent accessibility, signalized intersections, and a high Walk Score of 84, reflecting its proximity to surrounding amenities. With modern infrastructure, prominent signage opportunities, and a dense suburban location just eight miles from downtown Cleveland, this property is a key retail anchor in the area.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Department Store
Building Size
165,000 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2001
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.24
Lot Size
15.90 AC
Zoning
U-9
Parking
1,650 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
- Signage
- Signalized Intersection
Walk Score®
Very Walkable (82)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 721-01-002 | Improvements Assessment | $539,280 |
| Land Assessment | $335,720 | Total Assessment | $875,000 |
PROPERTY TAXES
Parcel Number
721-01-002
Land Assessment
$335,720
Improvements Assessment
$539,280
Total Assessment
$875,000
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2201 Warrensville Center Rd
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