Retail Space / Ohio / Kirtland / 44094 / 9193 Chillicothe Road

9193 Chillicothe Road

Q: What is the asking price for 9193 Chillicothe Road in Kirtland?

The asking price for 9193 Chillicothe Road is $2,548,000

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

The size of the building/unit at 9193 Chillicothe Road in Kirtland is 32,985 square feet.

Q: How much land does the Kirtland, OH property at 9193 Chillicothe Road include?

9193 Chillicothe Road in Kirtland includes 2.950 acres of land.

Q: What kind of Retail is the propery at 9193 Chillicothe Road?

The property at 9193 Chillicothe Road Kirtland, OH 44094 is listed as a Shopping Center Retail property.

Q: What is the population within 1 mile of 9193 Chillicothe Road?

The population within 1 mile of 9193 Chillicothe Road Kirtland, OH 44094 is 1,297 people.

Q: Who do I contact for questions about 9193 Chillicothe Road?

You should contact the listing agent, Craig Fuller, for any details regarding this commercial listing.

Kirtland, OH 44094

Kirtland Shopping Center

Listing ID: 276018

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9193 Chillicothe Road | for Sale | Thumbnail 1

9193 Chillicothe Road | for Sale | Thumbnail 2

Building Size: 32,985 SF

Lot Size: 2.950 AC

Land Size: 128,502 SF

Building $/SF: $77.25

Land $/SF: $19.83

Price

$2,548,000

Property Highlights

85 Percent Occupied, 32,985-Square-Foot Neighborhood Strip in Uber-Affluent Cleveland Suburb

10.4 Percent Stabilized CAP Rate-Upside via 5,000-Square-Foot Vacant Unit 15.2 Percent of Gross Leasable Area

Staggered Expirations with 71.5 Percent of Gross Leasable Area Leased into 2025 or Longer

Offers 14.6 Percent Cash-on-Cash Return and 21.7 Percent Total Return with Proposed New Financing Terms

One-Mile Average Household Income of $119,000 within Affluent Bedroom Community on Clevelands East Side

Description

Marcus & Millichap is pleased to exclusively present for sale, Kirtland Shopping Center located in Kirtland, Ohio. The subject property is a 85 percent occupied neighborhood strip in an uber-affluent suburb of Cleveland. The strip center is anchored by Dollar General and has a triple-net lease thru July 2026. Kirtland Shopping Center is being offered for $2.55 million.
Anchored by Dollar General (38 Percent of Gross Leasable Area) on Triple-Net Lease thru July 2026; Tenant Since 2006, Cheap $4.65 Per Square Foot Rent.
Cheap/Replaceable Rents Averaging $8.03 Per Square Foot Triple-Net; Priced Below Replacement Cost at $77 per Square Foot.

Points of Interest & Demographic Radii

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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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Listing Demographics for 9193 Chillicothe Road Kirtland, OH 44094

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		1,297	16,648	75,586
Population Median Age		46	44	44
Population by Age	0-9 Yrs	74 (5%)	1593 (9%)	6941 (9%)
	10-19 Yrs	181 (13%)	1742 (10%)	7970 (10%)
	20-29 Yrs	154 (11%)	2108 (12%)	8879 (11%)
	30-39 Yrs	79 (6%)	1849 (11%)	8296 (10%)
	40-49 Yrs	175 (13%)	1724 (10%)	8753 (11%)
	50-59 Yrs	140 (10%)	2592 (15%)	11738 (15%)
	60-69 Yrs	292 (22%)	2528 (15%)	11273 (14%)
	70+ Yrs	202 (15%)	2512 (15%)	11737 (15%)

Median HH Income		$72,807	$72,913	$67,517
Total Household Income	< 24K	57 (11%)	968 (13%)	4650 (14%)
	25-49K	105 (21%)	1483 (21%)	7409 (22%)
	50-74K	88 (17%)	1149 (16%)	6308 (19%)
	75-99K	58 (11%)	895 (12%)	4799 (14%)
	100-199K	105 (21%)	1834 (26%)	7802 (23%)
	200K+	77 (15%)	708 (10%)	2110 (6%)

Highest Education Level	No Diploma	73	818	3678
	Diploma or GED	278	3005	15799
	Some College	158	2734	12787
	Assoc. Degree	65	1104	5232
	Bachelors Degree	228	2911	11835
	Higher Degree	128	1835	7139

Total Housing Units		502	7,506	35,142
--Owner-Occupied		352	5,116	24,317
--Renter-Occupied		137	1,922	8,761
Owner-Occupied Values	< 100K	30	475	3594
	100-199K	84	1779	10300
	200-299K	66	1274	6208
	300-399K	59	702	2281
	400-499K	34	361	843
	500K+	80	525	1091

Total Working Age Population		1,142	14,062	63,748
In Work Force		676	9,239	41,039
Not In Work Force		466	4,822	22,709
Workforce Employed		669	8,991	39,650
Workforce Unemployed		7	249	1,364
Civlian Workforce		676	9,239	41,014
Military Workforce		0	0	25

Total Households		490	7,038	33,078
Family Households		351	4,549	20,644
Non-Family Households		138	2,489	12,434
Married Couple		276	3,707	16,321
Other Family		75	842	4,323
Married w/Child		52	1,180	5,349
Single Male w/Child		1	107	586
Single Female w/Child		45	271	1,310

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
Geauga County	90,895	+3	93,389	0	93,510	+2	94,930
Lake County	227,511	+1	230,041	-1	228,600	0	228,380

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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 9193 Chillicothe Road in Kirtland?

The asking price for 9193 Chillicothe Road is $2,548,000

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

The size of the building/unit at 9193 Chillicothe Road in Kirtland is 32,985 square feet

How much land does the Kirtland, OH property at 9193 Chillicothe Road include?

9193 Chillicothe Road in Kirtland includes 2.950 acres of land

What kind of Retail is the propery at 9193 Chillicothe Road?

The property at 9193 Chillicothe Road Kirtland, OH 44094 is listed as a Shopping Center Retail property

What is the population within 1 mile of 9193 Chillicothe Road in Kirtland?

The population within 1 mile of 9193 Chillicothe Road Kirtland, OH 44094 is 1,297 people.

Who do I contact for questions about 9193 Chillicothe Road?

You should contact the listing agent, Craig Fuller, for any details regarding this commercial listing.

Other Listings for Sale Nearby

Address	Price	Sq Ft	Acres
7564 Euclid Chardon Road, Kirtland, OH	CALL	9264	1.37
7564 Euclid Chardon Road, Kirtland, OH	CALL	9264	2.51
10609 Chillicothe Road, Willoughby, OH	$1,975,000	25318	5.3
7850 Mentor Avenue, Mentor, OH	$5,700,000	190762	12.29
8400 Mentor Avenue, Mentor, OH	$600,000	1200	0.47
7899 Chardon Rd, Kirtland, OH	$650,000	14000	1.51
9180 Mentor Avenue, Mentor, OH	CALL	3198	1.02
9200 Mentor Avenue, Mentor, OH	CALL	763	0.75
34510 Vine Street, Willowick, OH	CALL	132917	13.26
2765 Som Center Road, Willoughby Hills, OH	CALL	2285	1

Closest Commercial Airports

Airport	Distance (mi)
Cleveland Hopkins International Airport (CLE)	29
Erie International Tom Ridge Field (ERI)	69
Pittsburgh International Airport (PIT)	98