Retail Space / Ohio / Cleveland / 44129 / 5812 Ridge Road

5812 Ridge Road

Q: What is the asking price for 5812 Ridge Road in Cleveland?

The asking price for 5812 Ridge Road is $5,466,000

Q: What is the building size of this Retail property in Cleveland, OH?

The size of the building/unit at 5812 Ridge Road in Cleveland is 13,225 square feet.

Q: What is the population within 1 mile of 5812 Ridge Road?

The population within 1 mile of 5812 Ridge Road Cleveland, OH 44129 is 16,982 people.

Q: Who do I contact for questions about 5812 Ridge Road?

You should contact the listing agent, Matthew Mousavi, for any details regarding this commercial listing.

Cleveland, OH 44129

Listing ID: 255610

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Building Size: 13,225 SF

Lot Size: --

Land Size: --

Building $/SF: $413.31

Land $/SF:

Price

$5,466,000

Property Highlights

CVS Health Corporation guaranteed lease SP BBB

The lease is absolute net lease structure with 24 years remaining and 10 5-year options to extend

Site is complete with a pylon or monument sign, increasing visibility

Building is equipped with a drive-thru pharmacy, providing ease and convenience for consumers

More than 288,000 residents with an average household income of nearly $63,000 support the 5-mile trade area

Description

The property is located at the signalized hard corner intersection of Ridge Rd. and Essen Ave., averaging 23,500 vehicles passing by daily.

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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Month	Payment	Principal	Interest	Total Interest	Balance
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Listing Demographics for 5812 Ridge Road Cleveland, OH 44129

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 Population		16,982	137,129	329,168
Population Median Age		39	39	39
Population by Age	0-9 Yrs	1744 (10%)	15476 (11%)	37227 (11%)
	10-19 Yrs	2397 (14%)	16515 (12%)	39382 (11%)
	20-29 Yrs	2454 (14%)	19935 (14%)	47547 (14%)
	30-39 Yrs	2310 (13%)	18517 (13%)	45101 (13%)
	40-49 Yrs	2271 (13%)	17173 (12%)	40044 (12%)
	50-59 Yrs	2273 (13%)	19717 (14%)	46993 (14%)
	60-69 Yrs	1715 (10%)	15550 (11%)	38009 (11%)
	70+ Yrs	1817 (10%)	14246 (10%)	34864 (10%)

Median HH Income		$51,518	$45,353	$45,578
Total Household Income	< 24K	1476 (20%)	15269 (25%)	38261 (27%)
	25-49K	2026 (27%)	17186 (28%)	38209 (26%)
	50-74K	1598 (22%)	12003 (20%)	26763 (18%)
	75-99K	951 (13%)	7140 (11%)	16848 (11%)
	100-199K	1109 (15%)	7340 (12%)	19059 (13%)
	200K+	88 (1%)	684 (1%)	2531 (1%)

Highest Education Level	No Diploma	1297	12845	33671
	Diploma or GED	4189	35076	79312
	Some College	2720	22040	51105
	Assoc. Degree	962	8270	19010
	Bachelors Degree	1813	12798	33289
	Higher Degree	680	5125	15219

Total Housing Units		7,736	65,436	157,583
--Owner-Occupied		4,956	34,558	81,415
--Renter-Occupied		2,292	25,065	60,256
Owner-Occupied Values	< 100K	2809	19104	36573
	100-199K	2062	14369	38074
	200-299K	39	631	4650
	300-399K	36	236	1331
	400-499K	3	35	269
	500K+	6	184	517

Total Working Age Population		13,769	112,143	268,479
In Work Force		9,638	73,102	172,863
Not In Work Force		4,131	39,041	95,616
Workforce Employed		8,925	67,338	159,054
Workforce Unemployed		712	5,733	13,697
Civlian Workforce		9,638	73,072	172,750
Military Workforce		0	30	113

Total Households		7,249	59,623	141,672
Family Households		4,223	33,017	78,172
Non-Family Households		3,026	26,606	63,500
Married Couple		2,529	19,959	47,863
Other Family		1,694	13,058	30,308
Married w/Child		848	6,949	16,749
Single Male w/Child		225	1,537	3,568
Single Female w/Child		610	5,269	12,157

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Ohio	11,353,140	+2	11,536,504	0	11,574,870	0	11,615,100
Cuyahoga County	1,393,978	-8	1,280,122	-6	1,209,550	-5	1,154,210

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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 5812 Ridge Road in Cleveland?

The asking price for 5812 Ridge Road is $5,466,000

What is the building size of this Retail property in Cleveland, OH?

The size of the building/unit at 5812 Ridge Road in Cleveland is 13,225 square feet

What is the population within 1 mile of 5812 Ridge Road in Cleveland?

The population within 1 mile of 5812 Ridge Road Cleveland, OH 44129 is 16,982 people.

Who do I contact for questions about 5812 Ridge Road?

You should contact the listing agent, Matthew Mousavi, for any details regarding this commercial listing.

Other Listings for Sale Nearby

Address	Price	Sq Ft	Acres
5508 Ridge Road, Parma, OH	CALL	5510	2.25
5720 Ridge Road, Parma, OH	$150,000	1000	-
5221 State Road, Parma, OH	$600,000	2760	0.31
6400 York Road, Cleveland, OH	CALL	4102	0.97
8555 Day Drive, Parma, OH	CALL	28000	-
6405 Pearl Road, Parma Heights, OH	$525,000	5506	1.05
6425 Pearl Road, Parma Heights, OH	$1,200,000	6690	1.54
6170 Broadview Road, Parma, OH	$595,000	8800	0.23
4300 Clark Avenue, Cleveland, OH	CALL	6500	-
15344 Snow Road, Brook Park, OH	$425,000	2377	0.59

Closest Commercial Airports

Airport	Distance (mi)
Cleveland Hopkins International Airport (CLE)	6
Erie International Tom Ridge Field (ERI)	93
Detroit Metropolitan Wayne County Airport (DTW)	100