22800-22840 Lake Shore Blvd
Euclid, OH 44123
Lakeshore Plaza · Retail Property For Sale

The Jonna Group of Marcus & Millichap is pleased to present the exclusive listing for Lakeshore Plaza, a 81,297-square foot, grocery-anchored retail center located in Euclid, Ohio, an inner ring suburb of Cleveland. The center is over 83% occupied and offers tremendous upside and value-add for an incoming investor. The center is anchored by Marc’s as well as a mix of national tenants such as Rent-A-Center, Chase Bank, and Marco’s Pizza among other local tenants. Marc’s operates under a triple-net lease with close to seven years remaining that includes (2) 5 year options. The center is well-positioned on over six acres in the core retail market with retailers in the immediate vicinity such as Walgreens, CVS Pharmacy, Dollar Tree, Sherwin-Williams, ALDI, Dunkin’ Donuts, Chipotle, Papa John’s, Burlington, Burger King, Wendy’s, Pizza Hut, Aaron’s, PNC Bank, and many more. The subject property is located on Lake Shore Blvd aka SR 283, a major east-west thoroughfare. The subject property is located in Euclid, Ohio, an inner ring suburb of Cleveland located fourteen miles northeast of the city. Cleveland is a headquarters for both manufacturing and service industries, as well as a growing tourism and convention destination. It is the 16th largest metro and the 15th largest consumer market in the United States. The city is home to many corporate headquarters such as Applied Industrial, NACCO Industries, and Sherwin-Williams Company.