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Starbucks 27178 Lorain Rd 2,200 SF 4-Star Retail Building North Olmsted, OH 44070 $2,150,000 ($977.27/SF)
Investment Highlights
- Established Drive-Thru Store in One of Cleveland's Top Retail Trade Areas
- Six (6) Years Remaining, Increased Rent in Year 2
- Prominent Corner Position with Good Daily Traffic: 30,000+ VPD
- Strong Demographics: $87,000 within 1 mile
Executive Summary
Established Drive-Thru Store on prominent corner position with 30,000+ VPD. Six (6) Years Remaining. Increased Rent in Year 2. Strong Demographics: $87,000 within 1 mile. One of Cleveland's Top Retail Trade Areas.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,200 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2017
Price
$2,150,000
Price Per SF
$977.27
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.75 AC
Parking
23 Spaces (10.45 Spaces per 1,000 SF Leased)
Frontage
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 232-25-058 | Improvements Assessment | $253,365 |
| Land Assessment | $172,305 | Total Assessment | $425,670 |
Property Taxes
Parcel Number
232-25-058
Land Assessment
$172,305
Improvements Assessment
$253,365
Total Assessment
$425,670
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Starbucks | 27178 Lorain Rd
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