This Retail Property is no longer advertised on LoopNet.com.

69 Graham Rd
Cuyahoga Falls, OH 44223
Auction:9/26 - 9/28: Imagine Plaza · Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Freestanding
Building Size
18,031 SF
Building Class
B
Year Built
2005
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.35
Lot Size
1.19 AC
Zoning
MU-4
Parking
78 Spaces (4.33 Spaces per 1,000 SF Leased)
Frontage
324’ on Graham Rd

Amenities

  • Corner Lot
  • Signage
  • Tenant Controlled HVAC
  • Monument Signage
  • Balcony

About 69 GRAHAM RD , CUYAHOGA FALLS, OH 44223

Property tours are available by appointment ONLY. Please contact Bob Garber to schedule at bgarber@crescorealestate.com or 216-390-9684. Investment Highlights: ñ18,000 SF Multi-Tenant Freestanding Retail Building in Cuyahoga Falls, OH 100% fully leased with a diversified mix of 5 strong regional tenants Minimal maintenance and landscaping Property to be shadow-anchored by Future Menards Excellent visibility in expanding retail trade area with traffic counts of ñ14,000 on Graham Road Dense demographics within 3 miles with ñ66,371 people and an average HH income of $65,664 Investment Overview: Imagine Plaza (the "Property), is a 100% leased retail strip center located at 69 Graham Road in Cuyahoga Falls, OH. The offering represents the opportunity to acquire a strong-performing center with in-place income from five stable tenants. Imagine Plaza contains 5 retail suites in a ñ18,000 SF two story building and sits on 1.34 acres. The Property is located in a retail node, across the street from the new "Portage Crossing" and next to the planned Menards superstore (Menard's has purchased the former Giant Eagle grocery store property and additional land in the rear). The tenant m The tenant mix at Imagine Plaza is highly diverse and includes Georgie International Beauty Institute, Famous Hair, Romeo's Pizza, Cross Fit and CC-NEO. Average rents at Imagine Plaza are very competitive with comparable properties and offers upside growth. Situated just off the corner of State Road and Graham Road, this site offers tremendous demographics, high traffic counts and great visibility. Originally developed in 2005, Imagine Plaza is positioned near the intersection of State Road and Graham Road, the Property benefits from solid traffic counts (combined counts of ñ34,000 VPD). The demographics are also very favorable to the Property's tenancy with over 66,000 people within a 3-mile radius and average household incomes of over $65,600. Nearby retailers include Cinemark, Market District Supermarket, LA Fitness and Starbucks. With occupancy at 100% and solid in-place income, Imagine Plaza is an extraordinary investment opportunity that will not only produce long-term cash flow for the owner but offer the value add opportunity through regular rent increases and future tenant payments of operating expenses.

Property Taxes

Property Taxes

Parcel Number
35-06002
Land Assessment
$50,449
Improvements Assessment
$297,822
Total Assessment
$348,271
  • Listing ID: 8819050

  • Date on Market: 8/24/2017

  • Last Updated:

  • Address: 69 Graham Rd, Cuyahoga Falls, OH 44223

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