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27889 Chagrin Blvd
Woodmere, OH 44122
Sleep Number & G&G Fitness · Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Freestanding
Building Size
5,411 SF
Building Class
C
Year Built/Renovated
1958/2013
Building Height
1 Story
Slab To Slab
10’
Building FAR
0.52
Lot Size
0.24 AC
Zoning
U-4, Woodmere
Parking
16 Spaces (2.96 Spaces per 1,000 SF Leased)
Frontage
58’ on Chagrin Blvd

Amenities

  • Signage

About 27889 CHAGRIN BLVD , WOODMERE, OH 44122

This free-standing Property is leased to industry-leading Sleep Number and G&G Fitness, a fitness equipment retailer. Located within one of East Cleveland’s most affluent communities, the Property provides ideal access from the surrounding neighborhoods, which boast impressive average household incomes of $120,000 annually. The Property represents a rare opportunity for investors to acquire irreplaceable real estate along the highly trafficked Chagrin Boulevard, Cleveland’s dominant retail corridor. Located immediately off of I-271 (118,000 VPD), the Property is centrally located between two nationally renowned lifestyle centers: Pinecrest & Eton Chagrin Boulevard. Pinecrest, a 58-acre mixed-use development completed in 2018, features 400,000 square feet of retail, 150,000 square feet of office space, 87 apartment units, a 145-room AC by Marriott hotel, a 10-screen Silverspot Cinema, and a Whole Foods grocery store. Eton Chagrin Boulevard is an award-winning center featuring 330,000 square feet of upscale retailers, specialty shops, and exclusive dining options including best-in-class tenants such as Apple, Lululemon, Tiffany & Co. and Trader Joe’s.

Property Taxes

Property Taxes

Parcel Number
891-03-026
Land Assessment
$145,495
Improvements Assessment
$495,425
Total Assessment
$640,920
  • Listing ID: 18366817

  • Date on Market: 1/31/2020

  • Last Updated:

  • Address: 27889 Chagrin Blvd, Woodmere, OH 44122

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