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- LoopNet Team
17260 Royalton Rd
Strongsville, OH 44136
Starbucks; New Construction; Across from Mall · Retail Property For Sale
PROPERTY FACTS
- Freestanding
- General Retail Fast Food
- General Retail Restaurant
Amenities
- Signalised Intersection
- Drive Thru
About 17260 Royalton Rd , Strongsville, OH 44136
Single-Tenant Corporate Starbucks Drive-Thru: - 10-year lease with 10% increases every 5 years - Corporate guaranteed lease (NASDAQ: SBUX; S&P: A-) - New construction - Starbucks lease has no early termination rights - The next closest Starbucks with a drive-thru is 4 miles away Relocation Store: Starbucks is relocating from its current location a half-mile to the west along Royalton Road to take advantage of the increased sales by having a drive-thru and being at the signalized entrance to the Southpark Mall. Signalized Entrance to SouthPark Mall: Ideally located at the primary entrance to Greater Cleveland's largest retail destination. This upscale mall is anchored by Cinemark Theatres, Dick’s Sporting Goods, Dillard’s, JCPenney, Kohl’s, Macy’s, and Sears. Dominant Retail Trade Area/Only Drive-Thru Coffee Shop in Trade Area: In addition to the regional traffic generated by the mall, other major national retailers along Royalton Road include Costco, Target, Bed Bath & Beyond, Best Buy, DSW, Kohl’s, Michaels, Old Navy, Pier 1 Imports, Petco, T.J.Maxx, and ULTA. Convenient Freeway Accessibility Connecting to Downtown Cleveland Affluent Demographics; $96,000 Average Annual Household Income
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PROPERTY TAXES
Parcel Number | 396-14-051 | Improvements Assessment | £977,301 |
Land Assessment | £705,529 | Total Assessment | £1,682,829 |
PROPERTY TAXES
Listing ID: 11020880
Date on Market: 19/12/2017
Last Updated:
Address: 17260 Royalton Rd, Strongsville, OH 44136
The Retail Property at 17260 Royalton Rd, Strongsville, OH 44136 is no longer being advertised on LoopNet.co.uk. Contact the broker for information on availability.