5244 Cobblestone Rd
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5244 Cobblestone Rd
31,080 SF Retail Building Sheffield Village, OH 44035 £1,333,497 (£43/SF)
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Investment Highlights
- 5244 Cobblestone Road offers a highly visible, 31,080 SF retail box property located in the well-trafficked Cobblestone Square shopping center.
- Provides unmatched frontage to over 58,000 daily drivers on Interstate 90 and 22,000 cars per day on State Route 301.
- Surrounded by a wealth of national retailers, including Wendy’s, At Home, Panera Bread, Domino’s Pizza, Jimmy John’s, and Steak ‘n Shake.
- Well-maintained, open floor plan retail space featuring high ceilings and one loading dock at the rear, ideal for a big-box retailer.
- Benefit from Lorain County's solid demographics contributing to the area's strong labor pool, thriving consumer base, and growing community.
- Up to 3% broker incentives. All brokers encouraged to reach out & schedule a tour. Looking for broker representation for our profile of properties.
Executive Summary
5244 Cobblestone Road offers the unique opportunity to own and occupy a spacious retail property nestled in the Cobblestone Square shopping center. This impeccably maintained, 31,080-square-foot retail space with 18-foot ceiling heights was formerly occupied by Gander Mountain and is ready for its next business. Cobblestone Square is an established shopping center featuring over 520,000 square feet of retail across 49 acres. The center is anchored by Sam's Club, At Home, Burlington, and Regal Cinema. This space is currently occupied by Spirit Halloween until November 2024.
Prominently fronting Interstate 90 at State Route 254, 5244 Cobblestone Road provides excellent visibility and accessibility, seamless on-and-off connections, and excellent exposure to over 58,000 daily drivers. Prime signage opportunities are available. The property also offers abundant on-site surface parking for employees and shoppers. Neighboring national tenants include Wendy's, Ruby Tuesday, Panera Bread, Domino's Pizza, Jimmy John's, and Steak' n Shake.
Sheffield Village is a vibrant suburban community located about 25 miles southwest of Cleveland in Lorain County, providing a quiet reprieve from bustling city life with convenient access to modern luxuries. This budding area benefits from an incredibly strategic location with convenient highway access and strong local demographics, surrounded by several residential neighborhoods. Lorain County attracts a mix of residents and visitors as it is a sought-after location for families, home to some of the region's top-rated public schools and offering an abundance of parks and outdoor recreation.
Prominently fronting Interstate 90 at State Route 254, 5244 Cobblestone Road provides excellent visibility and accessibility, seamless on-and-off connections, and excellent exposure to over 58,000 daily drivers. Prime signage opportunities are available. The property also offers abundant on-site surface parking for employees and shoppers. Neighboring national tenants include Wendy's, Ruby Tuesday, Panera Bread, Domino's Pizza, Jimmy John's, and Steak' n Shake.
Sheffield Village is a vibrant suburban community located about 25 miles southwest of Cleveland in Lorain County, providing a quiet reprieve from bustling city life with convenient access to modern luxuries. This budding area benefits from an incredibly strategic location with convenient highway access and strong local demographics, surrounded by several residential neighborhoods. Lorain County attracts a mix of residents and visitors as it is a sought-after location for families, home to some of the region's top-rated public schools and offering an abundance of parks and outdoor recreation.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
31,080 SF
Building Class
B
Year Built
2001
Price
£1,333,497
Price Per SF
£43
Tenancy
Multiple
Number of Floors
1
Loading Docks
2 Exterior
Building FAR
0.24
Land Acres
2.93 AC
Zoning
C-2 - Limited Retail
Parking
178 Spaces (5.72 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Position
- Available
| Space | Size | Space Use | Position | Available |
| 1st Floor | 31,080 SF | Retail | In-Line | Now |
1st Floor
| Size |
| 31,080 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
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1st Floor
| Size | 31,080 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
About Lorain County
Lorain County is among the 10 largest counties in Ohio in terms of population, as it is home to more than 300,000 residents. The county encompasses some of the largest suburbs in the Cleveland area such as Avon, Lorain, Elyria, and North Ridgeville. Healthcare, education, and manufacturing represent some of the area’s major industries. Top employers in Lorain County include Ford Motor Company, Elyria Memorial Hospital, and Lorain County Community College.
Lorain County attracts a mix of residents. The area is a sought-after location for families, home to some of the region’s top-rated public schools and offering an abundance of parks and outdoor recreation. Lorain County also attracts young professionals and students given its affordability relative to nearby communities, and access to higher education institutions such as Oberlin College.
With mid-level rents and proximity to residential centers, Lorain County is an attractive location for retail tenants and investors alike. Demand for retail space in the area has been healthy over recent quarters, pushing the vacancy rate to a historic low and among the tightest in the Cleveland market.
DEMOGRAPHICS
Demographics
1 Mile
3 Mile
5 Mile
15 min drive
2024 Population
3,728
46,156
133,048
236,343
2029 Population
3,884
48,066
138,433
245,419
2024-2029 Projected Population Growth
4.2%
4.1%
4.1%
3.8%
Median Age
45.9
41.9
41.4
42.6
College Degree + Higher
32%
26%
22%
17%
Daytime Employees
5,554
17,297
61,705
93,713
Total Businesses
564
1,769
5,815
10,405
Average Household Income
$93,746
$88,785
$80,465
$82,275
Median Household Income
$72,603
$66,416
$59,525
$61,360
Total Consumer Spending
$49.5M
$566.3M
$1.5B
$2.8B
2024 Households
1,628
18,588
53,700
97,545
Average Home Value
$207,315
$218,974
$203,549
$209,029
$ values in USD
Nearby Amenities
Restaurants |
|||
|---|---|---|---|
| Domino’s | - | - | 5 min walk |
| Jimmy John's | Fast Food | £ | 5 min walk |
| Steak ‘n Shake | Fast Food | £££ | 6 min walk |
| Ruby Tuesday | - | - | 6 min walk |
| Wendy's | - | - | 8 min walk |
| Subway | - | - | 12 min walk |
| Dunkin' | Cafe | - | 12 min walk |
| Chipotle | - | - | 13 min walk |
| Starbucks | Cafe | £ | 13 min walk |
Retail |
||
|---|---|---|
| Regal Cinemas | Cinema | 3 min walk |
| PNC Bank | Bank | 5 min walk |
| Burlington | Dept Store | 5 min walk |
| Gordon Food Service | Other Retail | 7 min walk |
| KinderCare | Day-care | 8 min walk |
| Huntington National Bank | Bank | 10 min walk |
| At Home | Home Accessories | 10 min walk |
| Nationwide Insurance | Insurance | 11 min walk |
| Sam's Club | Wholesale Club | 11 min walk |
| Dollar General | Dollar/Variety/Thrift | 12 min walk |
Hotels |
|
|---|---|
| Homewood Suites by Hilton |
97 rooms
5 min drive
|
| Holiday Inn Express |
75 rooms
9 min drive
|
| Quality Inn |
64 rooms
10 min drive
|
| Best Western |
57 rooms
9 min drive
|
PROPERTY TAXES
| Parcel Number | 03-00-011-102-114 | Improvements Assessment | £156,998 (2023) |
| Land Assessment | £62,668 (2023) | Total Assessment | £219,666 (2023) |
PROPERTY TAXES
Parcel Number
03-00-011-102-114
Land Assessment
£62,668 (2023)
Improvements Assessment
£156,998 (2023)
Total Assessment
£219,666 (2023)
-
Darya Miranovich -
Patrick Mitchell
-
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5244 Cobblestone Rd
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