York Road Plaza - 100% Occupied NNN 6370 York Rd 19,610 SF 100% Leased Retail Building Parma Heights, OH 44130 $4,683,840 CAD ($238.85 CAD/SF) 8.52% Cap Rate

CBRE, as exclusive advisor, is pleased to present York Road Plaza — a 100% occupied, 19,610-square-foot multi-tenant retail center on 2.452 acres in the heart of Parma Heights’ primary commercial corridor. The Property is offered at $3,400,000, or $173.38 per square foot, representing an 8.52% capitalization rate on 2027 projected net operating income.
York Road Plaza sits at the center of one of Cuyahoga County’s densest and most established retail nodes. More than 103,000 residents and 46,000 households live within three miles. The Property fronts 198.5 feet on York Road, which carries 22,443 vehicles per day, and occupies the midpoint of the Pearl Road retail spine — bracketed by the two dominant retail concentrations in southwest Cuyahoga County. The Shoppes at Parma, a 734,199-square-foot power center whose Walmart Supercenter ranks as the highest-performing Walmart within a 50-mile radius, sits approximately one mile northeast. Southland Shopping Center in Middleburg Heights, more than 700,000 square feet dual-anchored by Giant Eagle and Marc’s, anchors the corridor to the southwest. Together they represent over 1.4 million square feet of grocery- and value-anchored retail on either side of the Property.
This is a proven, fully built-out trade area with no meaningful developable land remaining — the definition of an infill location that cannot be replicated.
The current rent roll is fully leased across 6 suites, with a weighted average remaining lease term of approximately 4.1 years and no lease expiration prior to November 2029. Blended in-place base rent is $17.04 per square foot against a market range of $18.00 to $28.00 per square foot NNN. Four of the five suites already lease at or above the bottom of that range, validating the rate the location commands; the two legacy suites that do not — together exactly half the center’s GLA — establish a defined path to income growth as leases roll.