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Uptown Solon 6025 Kruse Dr 182,334 SF 100% Leased Retail Building Solon, OH 44139 $25,279,000 ($138.64/SF)
Investment Highlights
- Major leasing transformation, with roughly 145,000+ square feet leased, renewed, or scheduled to commence since December 2023, ~80% of GLA
- The center is now 100% occupied, demonstrating strong tenant demand for well-located service and experiential retail space within the Solon submarket
- Uptown Solon is located in Solon, Ohio, one of the most affluent and desirable suburbs within the Cleveland metropolitan area
- Recent leasing includes Ace Pickleball Club, ONYX Fitness, Kids Empire, Mobility Plus, Mavis Public House, John Robert’s Spa, The Vital Stretch
- Uptown Solon features a diversified roster of necessity-based service and experiential tenants that are highly resistant to e-commerce disruption
- The property benefits from excellent regional accessibility via US-422 and SR-91, two of the primary commuter corridors
Executive Summary
Uptown Solon presents the opportunity to acquire a fully leased neighborhood retail center that has undergone a substantial leasing transformation in recent years. Anchored by Tractor Supply and Ace Pickleball Club, the property features a highly curated mix of service, fitness, childcare, restaurant, and experiential tenants that collectively drive repeat daily visitation and establish the center as a true community retail destination.
The tenant roster has been significantly upgraded through a wave of recent leasing activity, with approximately 80% of the center’s GLA leased, renewed, or scheduled to commence since late 2023. This leasing momentum underscores the strength of the Solon trade area and the property’s positioning within the broader Cleveland metropolitan area.
The tenant roster has been significantly upgraded through a wave of recent leasing activity, with approximately 80% of the center’s GLA leased, renewed, or scheduled to commence since late 2023. This leasing momentum underscores the strength of the Solon trade area and the property’s positioning within the broader Cleveland metropolitan area.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
182,334 SF
Building Class
B
Year Built
1999
Price
$25,279,000
Price Per SF
$138.64
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
5 Exterior
Building FAR
0.23
Lot Size
18.35 AC
Parking
837 Spaces (4.59 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Freeway Visibility
- Restaurant
- Signage
- Signalized Intersection
Somewhat walkable
30/100
Exceptionally drivable
100/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,744,505 | |
| Land Assessment | $1,804,390 | Total Assessment | $3,548,895 |
Property Taxes
Parcel Numbers
Land Assessment
$1,804,390
Improvements Assessment
$1,744,505
Total Assessment
$3,548,895
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Uptown Solon | 6025 Kruse Dr
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