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17260 Royalton Rd
Strongsville, OH 44136

Starbucks; New Construction; Across from Mall · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
2,000 SF
Building Class
B
Year Built
2018
Tenancy
Single
Number of Floors
1
Building FAR
0.09
Lot Size
0.53 AC

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

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
396-14-051
Land Assessment
£705,529
Improvements Assessment
£977,301
Total Assessment
£1,682,829
  • Listing ID: 11020880

  • Date on Market: 19/12/2017

  • Last Updated:

  • Address: 17260 Royalton Rd, Strongsville, OH 44136

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