630-954-7336
50 W Bridge St, Berea, OH for Sale
Supermarket - FOR SALE
1/8
null | Request Cap Rate

50 W Bridge St
Berea, OH 44017


HIGHLIGHTS

  • MARKET DOMINANT GROCERY ANCHOR Parkway Shoppes is anchored by Giant Eagle Supermarket, the market leading grocer in northeast Ohio with a 32% market
  • DESIRABLE INFILL LOCATION | COLLEGE TOWN Positioned steps from Berea’s downtown “Main Street District” and surrounded by dense residential communitie
  • STRONG DEMOGRAPHIC PROFILE Berea is located approximately 13 miles southwest of downtown Cleveland. The area features 61,200 residents within a 3-mil
  • OUTSTANDING ACCESSIBILITY Parkway Shoppes is located near the confluence of several arterial transit routes serving the Cleveland MSA, including Inte
  • LOW BASIS INVESTMENT OPPORTUNITY An investor has the rare opportunity to acquire a longstanding grocery anchored shopping center at a low basis and f
  • UPSIDE POTENTIAL Parkway Shoppes is currently 96.7% occupied, providing an investor the upside potential via the lease-up of the two existing shop va

OVERVIEW

Mid-America Real Estate Corporation, has been retained on behalf of the owner to sell the 100% fee simple interest in Parkway Shoppes, a grocery-anchored community center serving the densely populated Cleveland suburbs of Berea, Middleburg Heights, and Olmsted Falls.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Parkway Shoppes

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1951

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

CROSS STREETS

W. Bridge St and Park St

LAND ACRES

2.85 AC

LAND SF

124,146 SF

ZONING

CC

APN/PARCEL ID

364-08-004,364-08-006

ASK ABOUT THIS PROPERTY

Ben WinemanMid-America Real Estate Corp.More Info
630-954-7336

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Ben WinemanMid-America Real Estate Corp.More Info
630-954-7336

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.