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7939 Day Dr
Parma, OH 44129
Giant Eagle: Parma Heights, OH · Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Supermarket
Building Size
92,553 SF
Building Class
A
LoopNet Rating
4 Star
Year Built/Renovated
2008/2010
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
8 Exterior
Building FAR
0.16
Lot Size
13.09 AC
Zoning
99750
Parking
500 Spaces (5.4 Spaces per 1,000 SF Leased)
Frontage
821’ on Day Dr

Amenities

  • Banking
  • Signalized Intersection

Sustainability

Energy Star Certified
93
ENERGY STAR certified buildings save energy and help protect the environment.

Sustainability

ENERGY STAR® Energy Star is a program run by the U.S. Environmental Protection Agency (EPA) and U.S. Department of Energy (DOE) that promotes energy efficiency and provides simple, credible, and unbiased information that consumers and businesses rely on to make well-informed decisions. Thousands of industrial, commercial, utility, state, and local organizations partner with the EPA to deliver cost-saving energy efficiency solutions that protect the climate while improving air quality and protecting public health. The Energy Star score compares a building’s energy performance to similar buildings nationwide and accounts for differences in operating conditions, regional weather data, and other important considerations. Certification is given on an annual basis, so a building must maintain its high performance to be certified year to year. To be eligible for Energy Star certification, a building must earn a score of 75 or higher on EPA’s 1 – 100 scale, indicating that it performs better than at least 75 percent of similar buildings nationwide. This 1 – 100 Energy Star score is based on the actual, measured energy use of a building and is calculated within EPA’s Energy Star Portfolio Manager tool.

About 7939 DAY DR , PARMA, OH 44129

CBRE is pleased to exclusively offer investors the opportunity to acquire a 92,628-square-foot free standing Giant Eagle situated on 13.09 acres in Parma Heights, Ohio (Population: 79,659), the largest bedroom community in the Cleveland-Elyria MSA (Population: 2.06 million). Giant Eagle, which relocated to the site from an adjacent shopping center in 2007, signed a NNN lease which currently has ±13 years remaining and features ±$0.25 PSF rental increases in each of the eight 5-year options to renew. Just 8.0 miles southwest of Downtown Cleveland, the property boasts excellent access and visibility via two access points on Day Drive (Traffic Count: 16,904 VPD) just east of its intersection with Ridge Road which provides access to I-440 (3 miles north). Giant Eagle is also situated directly across from The Shoppes at Parma, which is undergoing a $95 million, multi-year transformation that is expected to be completed by summer 2017.

Property Taxes

Property Taxes

Parcel Number
449-26-005
Land Assessment
$1,062,215
Improvements Assessment
$2,759,015
Total Assessment
$3,821,230
  • Listing ID: 8479747

  • Date on Market: 8/3/2017

  • Last Updated:

  • Address: 7939 Day Dr, Parma, OH 44129

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