23840 Broadway AveBedford, OH 44146

For Lease
Call for price

1,974 SF Restaurant, 1.55 Acres

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 1,974 square foot restaurant outparcel, situated on a 1.55-acre lot in Cuyahoga County, presents a unique investment opportunity. Currently vacant, this Class B property boasts 289 feet of frontage, offering excellent visibility and accessibility. The property is part of the thriving Hawthorne Valley Power Center, a super-regional draw boasting strong co-tenancy with established national brands such as Sam's Club, Ollie's, Levin Furniture, The Tile Shop, Woodcraft, and Wendy's. Further enhancing its appeal, several neighboring food establishments include McDonald's and Dunkin'. The site benefits from high traffic counts, with 15,682 vehicles passing daily on the adjacent road and an additional 113,466 vehicles per day on nearby I-271 (Source: ODOT TIMS). This prime location is supported by a dense population of 128,585 people within a 5-mile radius, exhibiting an average household income of $81,356. The property is available for sale, lease, or ground lease, providing flexibility for various investment strategies. This is an ideal opportunity for a restaurant operator seeking a high-traffic location within a successful retail center. The property's size and location make it suitable for a variety of restaurant concepts. The strong demographics and high traffic volume ensure a robust customer base.

Highlights

  • 1,974 SF restaurant building on 1.55 acres of land in Cuyahoga County.
  • Property is available for sale, lease, or ground lease.
  • Located in the Hawthorne Valley Power Center with strong co-tenancy including Sam's Club, Ollie's, Levin Furniture, and Wendy's.
  • High traffic counts: 15,682 VPD on site and 113,466 VPD on nearby I-271.
  • Strong demographics: 128,585 people within a 5-mile radius with an average household income of $81,356.

Property Details for 23840 Broadway Ave

Property type
Restaurants, Other retail properties
RSF (Rentable sq. ft)
1,974 SF
Class
B

Unit(s) available at that property

Space
Size
1,974 SF

Location Insight

City
Bedford
County
Cuyahoga
State
Ohio
Latitude
41.366595536025
Longitude
-81.509684214372
23840 Broadway Ave, Bedford, Ohio

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23840 Broadway Ave
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