Retail Space
12401 Cedar Road Cleveland Heights, OH 44106
Details & Description
Price: $2,846,666
    Ten (10) year absolute NNN-leased corporate guaranteed Chipotle. Free-standing 2,447 SF building at high profile corner along Cedar Road in Cleveland Heights. Location features new "Chipotlane" drive-through. 10% rent increase in year five (5). Building completion date is Q2 2021. Adjacent to Top of the Hill development currently under construction.
    Listing Agents
    David Leb

    M: 216-525-1488
    dleb@crescorealestate.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.

    12401 Cedar Road

    Cleveland Heights, OH 44106

    Listing ID: 202205
    12401 Cedar Road Cleveland Heights, OH 44106 | for Sale | Photo 1
    Building Size: 2,447 SF
    Lot Size: 0.300 AC
    Land Size: 13,068 SF
    Building $/SF: $1,163.33
    Land $/SF: $217.83
    Price
    $2,846,666
    Description

    Ten (10) year absolute NNN-leased corporate guaranteed Chipotle. Free-standing 2,447 SF building at high profile corner along Cedar Road in Cleveland Heights. Location features new "Chipotlane" drive-through. 10% rent increase in year five (5). Building completion date is Q2 2021. Adjacent to Top of the Hill development currently under construction.

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    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 Heights Area Market Trends

    Listing Demographics for 12401 Cedar Road Cleveland Heights, OH 44106

    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 Population17,529150,868333,063
    Population Median Age373939
    Population by Age0-9 Yrs925 (5%)17569 (11%)39730 (11%)
    10-19 Yrs1942 (11%)19330 (12%)43517 (13%)
    20-29 Yrs6087 (34%)25734 (17%)54236 (16%)
    30-39 Yrs2359 (13%)17639 (11%)40692 (12%)
    40-49 Yrs1141 (6%)15715 (10%)35445 (10%)
    50-59 Yrs1511 (8%)18271 (12%)42479 (12%)
    60-69 Yrs1736 (9%)18633 (12%)39958 (11%)
    70+ Yrs1830 (10%)17977 (11%)37005 (11%)
    Median HH Income$45,185$32,381$34,843
    Total Household Income< 24K2672 (33%)27959 (41%)56293 (38%)
    25-49K1571 (19%)15968 (23%)34084 (23%)
    50-74K1329 (16%)8312 (12%)19684 (13%)
    75-99K614 (7%)5137 (7%)12267 (8%)
    100-199K1175 (14%)7025 (10%)16338 (11%)
    200K+690 (8%)2830 (4%)6288 (4%)
    Highest Education LevelNo Diploma5991364930807
    Diploma or GED12902603859329
    Some College15002203950420
    Assoc. Degree400753616349
    Bachelors Degree29361458732387
    Higher Degree42731641632813
    Total Housing Units9,45589,348184,878
    --Owner-Occupied2,57028,52866,501
    --Renter-Occupied5,48038,70478,453
    Owner-Occupied Values< 100K4141503737870
    100-199K703799816619
    200-299K45225155319
    300-399K40510962645
    400-499K1996601463
    500K+39812212586
    Total Working Age Population16,151122,377268,928
    In Work Force9,14769,913157,570
    Not In Work Force7,00552,464111,359
    Workforce Employed8,59360,521137,946
    Workforce Unemployed5509,35319,549
    Civlian Workforce9,14369,875157,495
    Military Workforce43875
    Total Households8,05067,232144,954
    Family Households2,65532,81874,265
    Non-Family Households5,39534,41470,689
    Married Couple1,95715,49235,619
    Other Family69817,32638,646
    Married w/Child5324,74611,458
    Single Male w/Child521,3862,958
    Single Female w/Child2287,69717,495

    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

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

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    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 12401 Cedar Road in Cleveland Heights?
    The asking price for 12401 Cedar Road is $2,846,666
    What is the building size of this Retail property in Cleveland Heights, OH?
    The size of the building/unit at 12401 Cedar Road in Cleveland Heights is 2,447 square feet
    How much land does the Cleveland Heights, OH property at 12401 Cedar Road include?
    12401 Cedar Road in Cleveland Heights includes 0.300 acres of land
    What kind of Retail is the propery at 12401 Cedar Road?
    The property at 12401 Cedar Road Cleveland Heights, OH 44106 is listed as a Free Standing Building Retail property
    What is the population within 1 mile of 12401 Cedar Road in Cleveland Heights?
    The population within 1 mile of 12401 Cedar Road Cleveland Heights, OH 44106 is 17,529 people.
    Who do I contact for questions about 12401 Cedar Road?
    You should contact the listing agent, David Leb, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Cleveland Hopkins International Airport (CLE) 15
    Erie International Tom Ridge Field (ERI) 83
    Pittsburgh International Airport (PIT) 100
    Price
    $2,846,666
    Listing Agent
    More listings from David Leb
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