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The Shoppes at Parma 8001 W Ridgewood Dr 761 - 14,534 SF of Retail Space Available in Parma, OH 44129
HIGHLIGHTS
- The Shoppes at Parma is a 756,000 SF power center and is one of Northeast Ohio's most visited power centers and retail destinations (source: Placer)
- The project recently underwent a $100 M redevelopment which transformed the former Parmatown mall into a mixed-use power center
- Parma is a super-regional trade area with a dense population
- Anchors include: Walmart, Dicks Sporting Goods, Burlington, Marc’s, Fitworks, Old Navy, Ulta, and more
- Potential for large land development site/pads on Day Drive
SPACE AVAILABILITY (5)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 815 | 4,590 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor, Ste 824 | 1,256-2,017 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor, Ste 825 | 761-2,017 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor, Ste 909 | 910 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste Ridgewood Dr Pad | 5,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
7725-8303 W Ridgewood Dr - 1st Floor - Ste 815
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Space is in Excellent Condition
7725-8303 W Ridgewood Dr - 1st Floor - Ste 824
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
7725-8303 W Ridgewood Dr - 1st Floor - Ste 825
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
7725-8303 W Ridgewood Dr - 1st Floor - Ste 909
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
7725-8303 W Ridgewood Dr - 1st Floor - Ste Ridgewood Dr Pad
- Space is an outparcel at this property
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.
SITE PLAN
SELECT TENANTS AT THE SHOPPES AT PARMA
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- American Commodore Tuxedo
- Formal Wear
- -
- National
- Five Below
- -
- -
- -
- Kay Jewelers
- -
- -
- -
- Old Navy
- Unisex Apparel
- 1,354
- International
- Shoe Dept.
- Shoes
- 92
- National
- ULTA
- Health & Beauty Aids
- 1,970
- National
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| American Commodore Tuxedo | Formal Wear | - | National |
| Five Below | - | - | - |
| Kay Jewelers | - | - | - |
| Old Navy | Unisex Apparel | 1,354 | International |
| Shoe Dept. | Shoes | 92 | National |
| ULTA | Health & Beauty Aids | 1,970 | National |
PROPERTY FACTS
| Total Space Available | 14,534 SF | Center Properties | 12 |
| Min. Divisible | 761 SF | Frontage | W Ridgewood Dr |
| Center Type | Super Regional Mall | Gross Leasable Area | 754,579 SF |
| Parking | 5931 Spaces | Total Land Area | 179.76 AC |
| Stores | 149 | Year Built | 1962 |
| Total Space Available | 14,534 SF |
| Min. Divisible | 761 SF |
| Center Type | Super Regional Mall |
| Parking | 5931 Spaces |
| Stores | 149 |
| Center Properties | 12 |
| Frontage | W Ridgewood Dr |
| Gross Leasable Area | 754,579 SF |
| Total Land Area | 179.76 AC |
| Year Built | 1962 |
ABOUT THE PROPERTY
Multiple retail opportunities at The Shoppes at Parma, a 756,000 SF dominant, dynamic power center in NE Ohio. According to Placer.ai (Full Year 2022 Study), Shoppes at Parma ranks: - #1 most visited power center in a 15 mile radius - #6 most visited shopping center in the state of Ohio (99th percentile) - 521 out of 32,367 ranked shopping center in the country (98th percentile)
- Banking
- Restaurant
- Signalized Intersection
NEARBY MAJOR RETAILERS
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The Shoppes at Parma | 8001 W Ridgewood Dr
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