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Former CVS - For Lease 4460-4486 Mayfield Rd
11,000 SF of Retail Space Available in Cleveland Heights, OH 44121
Highlights
- Quality All Brick Construction for Former CVS Pharmacy - Building Equipped w/ Drive-Thru
- Ideal Access/Visibility/Signage From Mayfield Rd and Green Rd
- Dense Trade Area: Over 740 Businesses in 1 Mile of Subject Property
- Hard Corner Location at Signalized Intersection Along Area's Retail and Traffic Corridor
- High Volume Traffic Counts: Mayfield Rd (27,544 CPD+) and Green Rd (14,639 CPD+) Over (42,183 CPD+) Combined at Intersection
- Population Exceeds 116,697 within 3 Miles of Subject Property
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor | 11,000 SF | Negotiable | Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application | Triple Net |
1st Floor
Quality All Brick Construction for Former CVS Pharmacy - Building Equipped w/ Drive-Thru Hard Corner Location at Signalized Intersection Along Area's Retail and Traffic Corridor Ideal Access/Visibility/Signage From Mayfield Rd and Green Rd High Volume Traffic Counts: Mayfield Rd (27,544 CPD+) and Green Rd (14,639 CPD+) Over (42,183 CPD+) Combined at Intersection Average Household Income in 3 Miles Exceeds $104,062 Dense Trade Area: Over 740 Businesses in 1 Mile of Subject Property Population Exceeds 116,697 within 3 Miles of Subject Property Total Specified Consumer Spending: 1 Mile - $152,000,000; 3 Miles - $1,424,000,000; 5 Miles - $3,308,000,000 Neighboring Retailers Include: Giant Eagle Supermarket, Marc's, KeyBank, Starbucks, Walgreens, Mr. Tire Auto, Clean Express Auto Wash, Dollar General, Dunkin', Verizon, Taco Bell, Speedway, PNC Bank and Many More
- Lease rate does not include utilities, property expenses or building services
- Quality All Brick Construction
- Hard Corner Location at Signalized Intersection
- Ideal Access/Visibility/Signage From Mayfield Rd
- High Volume Traffic Counts
- Dense Trade Area
- Along Area's Retail and Traffic Corridor
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing agent for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 4460-4486 Mayfield Rd , Cleveland Heights, OH 44121
| Property Type | Retail | Total Land Area | 1.16 AC |
| Property Subtype | Freestanding | Year Built | 2003 |
| Gross Internal Area | 11,000 SF | Parking Ratio | 4.55/1,000 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Internal Area | 11,000 SF |
| Total Land Area | 1.16 AC |
| Year Built | 2003 |
| Parking Ratio | 4.55/1,000 SF |
Features and Amenities
- Pylon Sign
- Signage
- Signalised Intersection
-
Power Broker Deno Bistolarides -
Brent Hanna -
Power Broker Brandon Hanna -
Encore Real Estate Investment Services
Presented by
Former CVS - For Lease | 4460-4486 Mayfield Rd
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