35400 Vine StEastlake, OH 44095

Property Details for 35400 Vine St

Year built

2004

Lot size

1.76 AC

Property size (Sq ft)

14,848 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

34-A-008-I-00-036-0

APU

34A008I000360

Description

Centennial Plaza, located at 35400 Vine St in Eastlake, Ohio (zip code 44095), presents a remarkable retail leasing opportunity. Situated on the highly visible State Route 640, this property boasts exceptional visibility and excellent signage opportunities, ensuring maximum exposure for your business. The building is modern and well-maintained, offering a spacious interior with a versatile floor plan adaptable to a variety of commercial uses, including salons, retail stores, and showrooms. The multiple tenancy structure provides flexibility for businesses of different sizes. This prime location in Lake County, Ohio offers convenient access to major transportation routes, making it easily accessible to customers and employees alike. The property's design and location combine to create an ideal setting for businesses seeking high visibility and a strong presence in a thriving commercial area. This is a rare opportunity to secure a space in a well-established and highly trafficked location. Interested parties should inquire about available lease terms and space configurations.

• CAP approach

  CAP return

  Valuation

  6%

  $3,926,596

  6.5%

  $3,624,550

  7%

  $3,365,654

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,499,982

  Geo Method

  $3,499,982

• Alternative Use

  Use

  Valuation

  Residential

  $3,057,444

  Hospitality

  $2,800,602

  Educational

  $2,330,068

  Medical

  $2,410,203

  Retail

  $3,624,550

Location Insight

City

Willowick

County

Lake

State

Ohio

Latitude

41.6422

Longitude

-81.436

CBSA code

17460

CBSA name

CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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