27401 Chardon Rd | Willoughby Hills, OH 44092
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27401 Chardon Rd
Willoughby Hills, OH 44092
Shoppes at Willoughby Hills · Retail Property For Sale
Investment Highlights
- Long-Term Corporate Tenant – NTB has operated at this location for 36 years
- Hands-Off Investment – No landlord responsibilities
- High-Traffic Retail Corridor – 12,600 VPD on Chardon Rd, 20,600 VPD on Bishop Rd
- Guaranteed Through March 2030 – 10-year lease extension signed in 2020
- Corporate Guarantee – NTW LLC, subsidiary of TBC Corporation (Michelin/Sumitomo JV)
- Dense Surrounding Demographics – 192,000+ residents within 5 miles
Property Facts
Property Type
Retail
Property Subtype
Auto Repair
Building Size
8,908 SF
Building Class
B
Year Built
1989
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Lot Size
0.81 AC
Zoning
B
Parking
32 Spaces (3.59 Spaces per 1,000 SF Leased)
Frontage
128’ on Chardon Rd
Amenities
- Pylon Sign
- Signage
Property Taxes
| Parcel Number | 31-A-008-0-00-031-0 | Improvements Assessment | $64,600 |
| Land Assessment | $13,500 | Total Assessment | $78,100 |
Property Taxes
Parcel Number
31-A-008-0-00-031-0
Land Assessment
$13,500
Improvements Assessment
$64,600
Total Assessment
$78,100
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