For Lease
$0-$25 /SF/YR

7671 Ridgewood Dr Parma, OH 44129

High-traffic retail spaces available. Prime NE Ohio location.

Overview

Added:
Dec 11, 2024
Days on market:
134
The Shoppes at Parma offers exceptional retail opportunities within a thriving 756,000 square foot power center. This Class A property boasts multiple tenancy options, ranging from a minimum of 761 square feet to a maximum contiguous space of 7,792 square feet, with a total of 62 suites. Currently, 34,635 square feet are available. Located at the intersection of Ridge Road & Day Drive, this dominant retail destination benefits from its strategic location in a densely populated, super-regional trade area. The property recently completed a $100 million redevelopment, transforming it from a former mall into a modern, mixed-use power center. Major anchors include Walmart, Dick's Sporting Goods, Burlington, Marc's, Fitworks, Old Navy, and Ulta, ensuring high foot traffic and brand synergy. According to a 2022 Placer.ai study, The Shoppes at Parma ranks as the #1 most visited power center within a 15-mile radius, the #6 most visited shopping center in Ohio (99th percentile), and 521 out of 32,367 ranked shopping centers nationwide (98th percentile). Development opportunities exist for large land sites/pads on Day Drive. This is an unparalleled chance to secure retail space in one of Northeast Ohio's premier shopping destinations.

Highlights

  • 756,000 SF Class A power center with multiple retail spaces available.
  • Anchored by Walmart, Dick's Sporting Goods, Burlington, Marc's, Fitworks, Old Navy, Ulta, and more.
  • Recently completed a $100M redevelopment.
  • Offers inline and endcap spaces ranging from 761 to 7,792 contiguous SF; 34,635 SF currently vacant.
  • Located at Ridge Road & Day Drive in Parma, OH, a high-density trade area with significant development potential.

Property Details for 7671 Ridgewood Dr

Property type
Retail properties, Restaurants
RSF (Rentable sq. ft)
756,000 SF
Class
A

Unit(s) available at that property

Space
Day Drive Pads
Size
217,800 SF
Space
910 SF Inline Retail
Size
910 SF
Space
6,949 SF Retail Space
Size
6,949 SF
Space
4,528 SF Inline Space
Size
7,800 SF
Rate per SF
$23
Space
5,400 SF Turnkey Former Restaurant
Size
5,400 SF
Space
1,256 - 2,017 SF Inline Retail
Size
2,017 SF
Rate per SF
$25
Space
7,792 SF Endcap
Size
7,792 SF
Space
4,590 SF Endcap
Size
4,590 SF
Rate per SF
$18
Space
2,449 SF Former Restaurant
Size
2,449 SF
Space
761 - 2,017 SF Inline Retail
Size
2,017 SF
Rate per SF
$25

Location Insight

City
Parma
County
Cuyahoga
State
Ohio
Latitude
41.3834307
Longitude
-81.7378274

FAQs

What type of property is this?
Retail property - High-traffic retail spaces available. Prime NE Ohio location.
Where is the retail property located?
The property is located at 7671 Ridgewood Dr Parma, OH.
What is the lease rate?
The lease rate is $0-$25 /SF/YR.
What are key features of this property?
This property features: 756,000 SF Class A power center with multiple retail spaces available.; Anchored by Walmart, Dick's Sporting Goods, Burlington, Marc's, Fitworks, Old Navy, Ulta, and more.; Recently completed a $100M redevelopment.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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7671 Ridgewood Dr
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