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Cleveland Shopping Center - High Traffic, Strong Anchors
Overview
Added:
Dec 11, 2024
Days on market:
92
Steelyard Commons, a thriving shopping center in Cuyahoga County, offers exceptional retail opportunities. This 950,000 square foot center boasts a diverse tenant mix, including major anchors such as Target, The Home Depot, Marshalls, Old Navy, Petco, Walmart Supercenter, K&G Fashion Superstore, Party City, Burlington, and Ross Dress for Less. Existing spaces range from 1,100 to 20,388 square feet are immediately available, while future development opportunities span 1,000 to 70,000 square feet. Additionally, outlot opportunities are available, ranging from 0.5 to 4.5 acres. The property enjoys exceptional visibility and accessibility, with direct access from I-71 and SR 176, and benefits from over 5 million vehicles annually traversing Steelyard Drive. The center draws over 8 million customers annually, supported by a robust daytime population exceeding 200,000 employees within a 5-mile radius. Sales exceed $330 per square foot, generating over $250,000,000 in annual sales. The recent $1 billion renovation of the MetroHealth Main Campus, including the opening of the 316-bed Glick Center in 2022, further enhances the area's growth potential and contributes to the revitalization of the Clark-Fulton neighborhood. Minimum divisible space is 1,536 square feet, with a maximum contiguous space of 100,000 square feet. This is a prime opportunity for retailers seeking high-traffic locations with strong anchor tenants and significant growth potential.
Highlights
950,000 square foot shopping center in Cuyahoga County.
Retail space available from 1,100 to 20,388 SF, plus future development opportunities from 1,000 to 70,000 SF and outlots from 0.5 to 4.5 acres.
Strong sales exceeding $330 per square foot, with over $250 million in annual sales.
High traffic volume: over 8 million customers and 5 million vehicles annually.
Excellent highway access via I-71 and SR 176.
Large daytime population: over 200,000 employees within a 5-mile radius.
Unit(s) available at that property
Space
Outlots
Size
196,020 SF
Space
Future Development
Size
70,000 SF
Space
Existing Retail Space
Size
20,388 SF
Location Insight
City
Cleveland
County
Cuyahoga
State
Ohio
Latitude
41.457295739135
Longitude
-81.690016632
3447 Steelyard Dr, Cleveland, Ohio
Nearby Similar for Lease
For LeaseCall for price
Carroll Commons Retail Space
Shaker Heights retail space, high traffic, prime location.
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