This exceptional 3,788 square foot retail space is available for lease within the vibrant Kruse Commons shopping center in Solon, Ohio. Boasting 44 feet of frontage on Kruse Drive, this inline space offers excellent visibility and accessibility within one of Solon's busiest and most attractive retail and entertainment districts. The property is potentially divisible, offering flexibility for businesses of varying sizes. This location benefits from high foot traffic and strong co-tenancy with established and successful businesses including Panera Bread, Mitchell's Ice Cream, VIO Med Spa, Burger Fresh, and The Middlefield Banking Company. The surrounding area further enhances the property's appeal, with nearby businesses such as Ulta Beauty, Bath & Body Works, First Watch, RollHouse Entertainment, Sir Troy's Toy Kingdom, and dealerships for BMW, Range Rover, and Jaguar, as well as popular restaurants like Yours Truly and Chick-fil-A. This prime location provides unparalleled exposure to a large and diverse customer base, making it an ideal opportunity for a variety of retail businesses seeking a thriving and well-established commercial environment in the heart of Solon. The space presents a unique opportunity to establish a strong presence in a high-traffic, high-visibility location within a successful shopping center. Interested parties should inquire for further details and leasing information.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$5,366,278
6.5%
$4,953,488
7%
$4,599,667
Comparable approach
Method
Valuation
Relative Method
$4,783,246
Geo Method
$4,783,246
Alternative Use
Use
Valuation
Residential
$4,178,452
Hospitality
$3,827,440
Educational
$3,184,385
Medical
$3,293,900
Retail
$4,953,488
Location Insight
City
Solon
County
Cuyahoga
State
Ohio
Latitude
41.3919
Longitude
-81.4429
CBSA code
17460
CBSA name
CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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