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Shaker Town Center 16601-17125 Chagrin Blvd 1,278 - 12,653 SF of Retail Space Available in Shaker Heights, OH 44120
HIGHLIGHTS
- Shaker Towne Center is a 123,112 square foot grocery-anchored community shopping center.
- Tenants include Heinen’s Grocery Store, Dollar Tree, Ace Hardware, Verizon, Subway, Papa Johns, Salon Lofts, Huntington Bank, Rainbow.
- Located at the corner of Chagrin Blvd & Lee Rd – with approximately 34,000 VPD.
- Located in the main retail corridor of Shaker Heights, which has undergone major renovations.
SPACE AVAILABILITY (4)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 10 | 3,095 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 14 | 5,376 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor, Ste 21 | 1,278 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 3 | 2,904 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
16611-16849 Chagrin Blvd - 1st Floor - Ste 10
Second generation restaurant (former Boston Market)
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
16611-16849 Chagrin Blvd - 1st Floor - Ste 14
- Located in-line with other retail
- Space is in Excellent Condition
- 5,376 SF in between Rainbow and Intro Clothing St
16611-16849 Chagrin Blvd - 1st Floor - Ste 21
- Fully Built-Out as Financial Services Office
- Located in-line with other retail
- Space is in Excellent Condition
16611-16849 Chagrin Blvd - 1st Floor - Ste 3
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT SHAKER TOWN CENTER
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Burgers Ace Hardware
- Hardware
- 4,594
- International
- Gamestop
- Game Store
- 2,957
- International
- Heinen's
- Supermarket
- 28
- Regional
- Refresh Dental
- Other Services
- 1
- -
- Subway
- Sub Sandwich
- 28,950
- International
- Victra
- Wireless Communications
- 1,704
- National
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Burgers Ace Hardware | Hardware | 4,594 | International |
| Gamestop | Game Store | 2,957 | International |
| Heinen's | Supermarket | 28 | Regional |
| Refresh Dental | Other Services | 1 | - |
| Subway | Sub Sandwich | 28,950 | International |
| Victra | Wireless Communications | 1,704 | National |
PROPERTY FACTS
| Total Space Available | 12,653 SF | Center Properties | 4 |
| Center Type | Community Center | Gross Leasable Area | 123,112 SF |
| Parking | 598 Spaces | Total Land Area | 11.13 AC |
| Stores | 42 | Year Built | 1991 |
| Total Space Available | 12,653 SF |
| Center Type | Community Center |
| Parking | 598 Spaces |
| Stores | 42 |
| Center Properties | 4 |
| Gross Leasable Area | 123,112 SF |
| Total Land Area | 11.13 AC |
| Year Built | 1991 |
ABOUT THE PROPERTY
Shaker Towne Center is a 123,112 square foot grocery-anchored community shopping Center. The center is anchored by Heinen’s Fine Foods with national tenants such as Dollar Tree, Ace Hardware, Rainbow, Salon Lofts, Ashley Stewart, Papa Johns and more. Shaker Town Center is located in a densely populated and affluent community, with over 318,000 people in a 5-mile radius with an average income of $88,000.
- Air Conditioning
- Banking
- Pylon Sign
- Signage
- Signalized Intersection
NEARBY MAJOR RETAILERS
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Shaker Town Center | 16601-17125 Chagrin Blvd
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