36195 Euclid AveWilloughby, OH 44094

Property Details for 36195 Euclid Ave

Year built

1998

Lot size

9.51 AC

Property size (Sq ft)

122,130 SF

Property type

Retail properties

Property subtype

Super regional malls

APN

27-A-013-G-00-001-0

APU

27A013G000010

Description

Willoughby Commons, a thriving retail center in Willoughby, Ohio, offers exceptional opportunities for businesses seeking high visibility and strong foot traffic. Located at 36195 Euclid Ave, 44094, this 457,944 square foot property boasts a prime location on Euclid Avenue (Route 20), just half a mile east of SOM Center Road (State Route 91), providing easy access to State Route 2 and Interstate 90. The center enjoys exceptional daily traffic counts, with 24,097 vehicles passing by daily, contributing to an impressive 4.2 million yearly visits and 485,100 yearly visitors. Average dwell time is a significant 55 minutes. Current tenants include major retailers such as Target, Giant Eagle, BJ's Wholesale Club, PetSmart, OfficeMax, and Regal. Available spaces include an inline unit of 900 square feet (available 1/1/2025), another inline unit of 1,291 square feet, and the last remaining outlot, offering up to 6,000 square feet of buildable space. An additional 11,211 square foot space is also available (contact for details). This is an unparalleled opportunity to join a successful retail center in a high-demand location. Lake County location.

• CAP approach

  CAP return

  Valuation

  6%

  $32,297,630

  6.5%

  $29,813,198

  7%

  $27,683,684

• Comparable approach

  Method

  Valuation

  Relative Method

  $28,788,582

  Geo Method

  $28,788,582

• Alternative Use

  Use

  Valuation

  Residential

  $25,148,548

  Hospitality

  $23,035,934

  Educational

  $19,165,626

  Medical

  $19,824,762

  Retail

  $29,813,198

Location Insight

City

Willoughby

County

Lake

State

Ohio

Latitude

41.6288

Longitude

-81.43

CBSA code

17460

CBSA name

CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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