Log In/Sign Up
Your email has been sent.
The Shoppes at Vista Way 9501-9591 Vista Way 41,520 SF 86% Leased 4-Star Retail Building Garfield Heights, OH 44125 $11,621,317 CAD ($279.90 CAD/SF) 8% Cap Rate
INVESTMENT HIGHLIGHTS
- Starbucks & Chipotle Anchored Multi-Building Strip Center | Starbucks End Cap Drive-Thru | Recent Extensions — Starbucks Exercised 5-Yr Option
- Immediate Opportunity to Increase Cash Flow and Add-Value via the Lease-Up of the Two Remaining 2nd Generation Vacancies (1,569 SF; 1,166 SF)
- Thousands of Construction Jobs and ~700 Permanent Jobs Located Directly Across I-480 Off Transportation Blvd on a 72 AC Site
- Comprised of Daily Needs Service & Food Based Operators | Recent 5-Yr Extensions with Penn Station & T-Mobile | 5-Yr Extension & Expansion
- Giant Eagle Shadow Anchored | Heavily Trafficked Location | Additional Daily Traffic Drivers with Surrounding Industrial, Office & Medical Employers
EXECUTIVE SUMMARY
Broker of Record
Matthew Wallace
License # REC.2022007141 (OH)
Matthews Real Estate Investment Services, Inc
950 Main Ave., Suite 510, Cleveland, OH 44113
(866) 889-0550
Matthew Wallace
License # REC.2022007141 (OH)
Matthews Real Estate Investment Services, Inc
950 Main Ave., Suite 510, Cleveland, OH 44113
(866) 889-0550
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
41,520 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2006
Price
$11,621,317 CAD
Price Per SF
$279.90 CAD
Cap Rate
8%
NOI
$929,501 CAD
Percent Leased
86%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
9’
Building FAR
0.45
Lot Size
2.12 AC
Zoning
U-11A
Parking
150 Spaces (3.61 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Freeway Visibility
- Pylon Sign
- Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 542-16-002 | Improvements Assessment | $518,984 CAD |
| Land Assessment | $359,296 CAD | Total Assessment | $878,280 CAD |
PROPERTY TAXES
Parcel Number
542-16-002
Land Assessment
$359,296 CAD
Improvements Assessment
$518,984 CAD
Total Assessment
$878,280 CAD
CONTACTS
-
Jonah Yulish -
Zack Bates -
Ben Snyder -
Charlie Wood -
Matthews Real Estate Investment Services
1 of 4
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
The Shoppes at Vista Way | 9501-9591 Vista Way
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.