16122 Lakeshore Blvd 21 548 pi² 93% Loué Commerce de détail Immeuble Cleveland, OH 44110 4 350 972 $ CAD (201,92 $ CAD/pi²) 8,03% Taux de capitalisation

Established National Anchors: AutoZone (investment-grade credit, S&P BBB) and Family Dollar have operated at the center since 2006 and 2004, respectively. AutoZone recently extended its lease through 2031 with annual rent increases, underscoring its long-term commitment to the site

Strong Credit Tenant Mix: 60%+ of the GLA is leased to national, credit-rated tenants, including AutoZone and Family Dollar

Re-Tenanting Opportunity: Family Dollar will go dark in January 2026 but will continue paying full rent and reimbursements through June 2029. This gives a buyer the rare opportunity to replace the largest space in the center with a market-rate, fully NNN lease while preserving near-term income

Lease-Up Potential: Immediate opportunity to lease up 1,600 SF of vacant retail space

Rent Growth: Most tenant leases include scheduled rent increases within their renewal options, supporting income growth over time

Major Public Redevelopment Nearby: The property sits adjacent to the Collinwood Redevelopment Site, recently acquired by the City of Cleveland for rezoning and future development—positioning the plaza to benefit from surrounding redevelopment momentum

Excellent Physical Condition: Roof and parking lot are well maintained, with the parking lot recently sealed and striped