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

Lakeshore Plaza consists of a 6.34-acre parcel and a single building totaling ±81,639 SF. The property is ±80.5% occupied, with Marc’s Grocery as its anchor occupying ±38% of GLA. Marc’s recently signed a 5-year extension commencing 1/2019, expiring 7/2024, with 2 five-year renewal options. The tenant mix at Lakeshore Plaza is highly diverse and most of the tenants are necessity-based retailers that provide customers with essential, everyday goods and services (discounted home products, restaurants, haircuts, beauty products, etc.), which makes the center more internet-resilient. Located in Cuyahoga County, the property has excellent frontage along Lakeland Boulevard, approximately two miles from Interstate 90. Immediate surrounding land uses include primarily commercial to the west along Lakeland Boulevard, with residential use to the east, south, and north. The property benefits from its close proximity to Cleveland, which is ±12.4 miles to the southeast along Interstate 90. Lakeshore Plaza is located in the Northeast retail submarket, a portion of the greater Cleveland market.