9401 Vista WayGarfield Heights, OH 44125

Property Details for 9401 Vista Way

Year built

2006

Construction

TYPE NOT SPECIFIED

Lot size

0.98 AC

Property size (Sq ft)

3,347 SF

Zone code

U-11A

Property type

Retail properties

Property subtype

Drive through restaurants

APN

542-16-004

APU

54216004

Description

This exceptional 4,380 square foot restaurant space presents a fantastic opportunity for a single-tenant operation. Boasting unparalleled visibility from Interstate 480, this location offers significant advantages for attracting customers. The property is situated in a thriving commercial area, surrounded by established and successful businesses including Applebee's, Chipotle, Penn Station, and Starbucks, ensuring high foot traffic and brand recognition. The surrounding area also benefits from the presence of nearby industrial and office parks, providing a substantial daytime population seeking convenient dining options. The entire 4,380 square feet is currently vacant, allowing for complete customization to suit any restaurant concept. This prime location offers significant highway signage opportunities, further enhancing visibility and brand awareness. The property's strategic placement and the established presence of successful national chains create an ideal environment for a new restaurant to flourish. This is a rare chance to establish a successful business in a high-traffic, high-visibility location with strong potential for growth and profitability. The space is ready for immediate occupancy, allowing for a swift and efficient launch of your restaurant venture. Don't miss this exceptional opportunity to capitalize on this prime commercial real estate.

• CAP approach

  CAP return

  Valuation

  6%

  $885,124

  6.5%

  $817,037

  7%

  $758,678

• Comparable approach

  Method

  Valuation

  Relative Method

  $788,958

  Geo Method

  $788,958

• Alternative Use

  Use

  Valuation

  Residential

  $689,202

  Hospitality

  $631,305

  Educational

  $525,238

  Medical

  $543,302

  Retail

  $817,037

Location Insight

City

Garfield Heights

County

Cuyahoga

State

Ohio

Latitude

41.4099

Longitude

-81.6187

CBSA code

17460

CBSA name

CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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