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27401 Chardon RdWilloughby Hills, OH 44092

Grocery-anchored center, prime location, high traffic.

Overview

Added:
Dec 11, 2024
Days on market:
115
The Shoppes at Willoughby Hills presents a unique investment opportunity in a thriving Willoughby Hills, Ohio location. This 391,289 square foot, grocery-anchored shopping center enjoys a highly visible position just south of the I-90 and Bishop Road interchange, ensuring exceptional traffic flow and exposure. A recent acquisition and significant investment by a local developer has resulted in millions of dollars in upgrades, enhancing the center's aesthetic appeal and attracting a diverse tenant mix. Current tenants include Marc's (52,000 SF), Milestone Athletic Club (30,359 SF), Commercial Academy (21,865 SF), and Produce Packaging (155,000 SF). The property offers several compelling leasing opportunities for prospective tenants. Anchor spaces range from 24,500 SF to 45,070 SF, with a junior anchor space of 14,000 SF available adjacent to Marc's (new storefront to be created). Restaurant space is also available, including a 4,227 SF inline space (former Manhattan Deli). Outlot opportunities include a 4,531 SF former freestanding bank building and an additional 5.5 acres of land for new development. This property offers a blend of established tenants and exciting expansion potential, making it an ideal investment for discerning buyers seeking a strong return in a prime retail location.

Highlights

  • 391,289 SF grocery-anchored shopping center in Willoughby Hills, OH, located near I-90 and Bishop Road interchange.
  • Major tenants include Marc's (52,000 SF), Milestone Athletic Club (30,359 SF), and Commercial Academy (21,865 SF), plus Produce Packaging (155,000 SF).
  • Available spaces include anchor spaces ranging from 24,500 SF to 45,070 SF, and a 14,000 SF junior anchor space adjacent to Marc's.
  • Restaurant space available: 4,227 SF inline space (former Manhattan Deli).
  • Outlot opportunities include a 4,531 SF former bank building and a 5.5-acre parcel.

Property Details for 27401 Chardon Rd

Property type
Power centers, Retail properties
RSF (Rentable sq. ft)
101,839 SF

Unit(s) available at that property

Space
Available Space 2
Size
14,000 SF
Space
Available Space 8
Size
4,227 SF
Space
Available Space 7
Size
9,511 SF
Space
Available Space 8
Size
45,070 SF
Space
Available Space 9
Size
24,500 SF
Space
Former Bank Outlot
Size
4,531 SF

Location Insight

City
Willoughby Hills
County
Lake
State
Ohio
Latitude
41.5831334
Longitude
-81.4862939
27401 Chardon Rd, Willoughby Hills, Ohio

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27401 Chardon Rd
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