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HIGHLIGHTS
- The property features strong anchor tenants including The Fresh Market and Dollar Tree, which help drive consistent foot traffic.
- Ocean East Mall is currently undergoing a major renovation, enhancing its appeal and infrastructure for future tenants and shoppers.
- Located in a high-income area with over 149,000 residents and strong consumer spending.
- Situated directly on SE Ocean Boulevard, the mall benefits from high visibility and accessibility, with over 38,000 vehicles passing daily.
- The site offers 622 parking spaces with a parking ratio of 5.54 spaces per 1,000 sq ft, making it convenient for visitors.
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1A | 2,025 SF | 5-10 Years | $34.90 CAD/SF/YR $2.91 CAD/SF/MO $70,668 CAD/YR $5,889 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 9 | 10,002 SF | 5-10 Years | $20.94 CAD/SF/YR $1.74 CAD/SF/MO $209,430 CAD/YR $17,452 CAD/MO | Triple Net (NNN) |
1st Floor, Ste 1A
Currently open vanilla shell floorplan with two restrooms and drop ceiling & lighting. Building signage.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Building Signage
1st Floor, Ste 9
Existing built out space, consisting of a large reception area, 8 private offices, 6 open office areas for cubicles, large training room, 2 conference rooms, supplies room, large file room, breakroom and men's and women's restrooms. Building signage available on Entry Tower
- Lease rate does not include utilities, property expenses or building services
- Fits 26 - 81 People
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 14C | 13,755 SF | Negotiable | $34.90 CAD/SF/YR $2.91 CAD/SF/MO $480,022 CAD/YR $40,002 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 1A | 2,025 SF | 5-10 Years | $34.90 CAD/SF/YR $2.91 CAD/SF/MO $70,668 CAD/YR $5,889 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 9 | 10,002 SF | 5-10 Years | $20.94 CAD/SF/YR $1.74 CAD/SF/MO $209,430 CAD/YR $17,452 CAD/MO | Triple Net (NNN) |
1st Floor, Ste 14C
Walk up store front entry Customize your ideal layout! Building and Monument Signage Available. Buildout allowance negotiable
- Lease rate does not include utilities, property expenses or building services
- Fits 35 - 111 People
1st Floor, Ste 1A
Currently open vanilla shell floorplan with two restrooms and drop ceiling & lighting. Building signage.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Building Signage
1st Floor, Ste 9
Existing built out space, consisting of a large reception area, 8 private offices, 6 open office areas for cubicles, large training room, 2 conference rooms, supplies room, large file room, breakroom and men's and women's restrooms. Building signage available on Entry Tower
- Lease rate does not include utilities, property expenses or building services
- Fits 26 - 81 People
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 OCEAN EAST MALL
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Apple Nails
- Salon/Barber/Spa
- 1
- Local
- Dollar Tree
- Dollar/Variety/Thrift
- 10,426
- International
- Radiology Imaging Associates
- Other Services
- 2
- Local
- Rag Street Consignment
- Dollar/Variety/Thrift
- 1
- Local
- The Fresh Market
- Supermarket
- 227
- National
- The UPS Store
- Business/Copy/Postal Services
- 7,881
- International
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Apple Nails | Salon/Barber/Spa | 1 | Local |
| Dollar Tree | Dollar/Variety/Thrift | 10,426 | International |
| Radiology Imaging Associates | Other Services | 2 | Local |
| Rag Street Consignment | Dollar/Variety/Thrift | 1 | Local |
| The Fresh Market | Supermarket | 227 | National |
| The UPS Store | Business/Copy/Postal Services | 7,881 | International |
PROPERTY FACTS
| Total Space Available | 25,782 SF | Gross Leasable Area | 112,268 SF |
| Property Type | Retail | Year Built/Renovated | 1972/2024 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 5.54/1,000 SF |
| Total Space Available | 25,782 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 112,268 SF |
| Year Built/Renovated | 1972/2024 |
| Parking Ratio | 5.54/1,000 SF |
ABOUT THE PROPERTY
Discover the potential of Ocean East Mall, currently undergoing an exciting renovation that promises to revitalize this key retail destination. With flexible space options available, your business can thrive in a vibrant community hub. Positioned directly on bustling SE Ocean Boulevard, this property benefits from exceptional visibility and access, surrounded by a dynamic mix of retail shops, medical offices, and thriving residential developments. Plus, you’ll be just minutes away from the esteemed Cleveland Clinic’s Martin North Hospital, ensuring a steady flow of potential customers. Ocean East Mall is anchored by popular tenants like The Fresh Market and Dollar Tree, drawing significant foot traffic. With 622 available parking spaces and an impressive traffic count of 38,000 vehicles per day, your business will have the visibility it needs to succeed. Exciting additions include a freestanding Starbucks with a drive-thru, enhancing the appeal for shoppers and increasing dwell time. With a total square footage of 112,260 square feet, Ocean East Mall is poised for growth and ready to welcome new businesses.
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Signalized Intersection
DEMOGRAPHICS
Demographics
NEARBY MAJOR RETAILERS
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Ocean East Mall | 2300-2398 SE Ocean Blvd
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