Retail Space
5526 Turney Road Cleveland, OH 44125
Details & Description
Price: $1,325,000
    The 12,406 square-foot strip center, anchored by Family Dollar and PizzaHut, is located on Turney Road in Garfield Heights, just up the hill from theTransportation Boulevard exit off Interstate 480.Both anchors have recently renewed their leases, Family Dollar for anadditional five years and Pizza Hut for an additional three years. The formervacancy of 1,310 SF has been leased to a new bakery on a three-year lease.The center offers an investor a 100% leased property with diverse tenants onlong-term leases. The Pro Forma operating statement for 2020 indicates netoperating income of $122,364. The center is offered for sale for $1,325,000.
    Listing Agents
    Chuck Essreg

    O: 216-514-1400
    cessreg@kowitrealestate.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    5526 Turney Road

    Cleveland, OH 44125

    Listing ID: 191893
    5526 Turney Road Cleveland, OH 44125 | for Sale | Photo 1
    Building Size: 12,406 SF
    Lot Size: --
    Land Size: --
    Building $/SF: $106.80
    Land $/SF:
    Price
    $1,325,000
    Description

    The 12,406 square-foot strip center, anchored by Family Dollar and Pizza

    Hut, is located on Turney Road in Garfield Heights, just up the hill from the

    Transportation Boulevard exit off Interstate 480.

    Both anchors have recently renewed their leases, Family Dollar for an

    additional five years and Pizza Hut for an additional three years. The former

    vacancy of 1,310 SF has been leased to a new bakery on a three-year lease.

    The center offers an investor a 100% leased property with diverse tenants on

    long-term leases. The Pro Forma operating statement for 2020 indicates net

    operating income of $122,364. The center is offered for sale for $1,325,000.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Cleveland History of Retail Space for Sale

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    Cleveland Area Market Trends

    Listing Demographics for 5526 Turney Road Cleveland, OH 44125

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population13,99074,962215,815
    Population Median Age404040
    Population by Age0-9 Yrs1614 (11%)9227 (12%)25907 (12%)
    10-19 Yrs1900 (13%)9798 (13%)27526 (12%)
    20-29 Yrs1691 (12%)9372 (12%)26715 (12%)
    30-39 Yrs1690 (12%)9066 (12%)25888 (11%)
    40-49 Yrs1788 (12%)9058 (12%)24564 (11%)
    50-59 Yrs2029 (14%)10814 (14%)31594 (14%)
    60-69 Yrs1424 (10%)8984 (11%)27256 (12%)
    70+ Yrs1855 (13%)8643 (11%)26364 (12%)
    Median HH Income$43,943$38,107$38,945
    Total Household Income< 24K1576 (26%)10329 (32%)30974 (33%)
    25-49K1680 (28%)9237 (29%)25499 (27%)
    50-74K1092 (18%)5932 (18%)15231 (16%)
    75-99K718 (12%)3020 (9%)9018 (9%)
    100-199K719 (12%)2756 (8%)10484 (11%)
    200K+55 (0%)331 (1%)2105 (2%)
    Highest Education LevelNo Diploma1065687218620
    Diploma or GED38941994951372
    Some College25731324336726
    Assoc. Degree784431612201
    Bachelors Degree968478618057
    Higher Degree461243312013
    Total Housing Units6,57237,578113,297
    --Owner-Occupied3,74918,88653,134
    --Renter-Occupied2,09012,71940,177
    Owner-Occupied Values< 100K33351507133560
    100-199K369253412836
    200-299K417924188
    300-399K32481428
    400-499K180533
    500K+0160589
    Total Working Age Population11,36460,039173,359
    In Work Force7,36337,313106,242
    Not In Work Force4,00122,72667,117
    Workforce Employed6,73733,04693,857
    Workforce Unemployed6184,25712,374
    Civlian Workforce7,35537,303106,231
    Military Workforce81011
    Total Households5,83931,60693,310
    Family Households3,40818,19953,028
    Non-Family Households2,43113,40740,282
    Married Couple1,7718,80727,050
    Other Family1,6379,39225,979
    Married w/Child5432,7068,324
    Single Male w/Child2086741,736
    Single Female w/Child6603,89511,468

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Ohio11,353,140+211,536,504011,574,870011,615,100
    Cuyahoga County1,393,978-81,280,122-61,209,550-51,154,210
    Summit County542,8990541,781-1534,150-1528,990

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 5526 Turney Road in Cleveland?
    The asking price for 5526 Turney Road is $1,325,000
    What is the building size of this Retail property in Cleveland, OH?
    The size of the building/unit at 5526 Turney Road in Cleveland is 12,406 square feet
    What kind of Retail is the propery at 5526 Turney Road?
    The property at 5526 Turney Road Cleveland, OH 44125 is listed as a Shopping Center Retail property
    What is the population within 1 mile of 5526 Turney Road in Cleveland?
    The population within 1 mile of 5526 Turney Road Cleveland, OH 44125 is 13,990 people.
    Who do I contact for questions about 5526 Turney Road?
    You should contact the listing agent, Chuck Essreg, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Cleveland Hopkins International Airport (CLE) 13
    Erie International Tom Ridge Field (ERI) 87
    Pittsburgh International Airport (PIT) 96