Cushman & Wakefield and RealINSIGHT Marketplace are pleased to present the sale of a Sears store, including a two-story department store and one-story auto center, located at 17271 Southpark Center in Strongsville, Ohio (“Property” or “Store”). Attached to the SouthPark Mall (“Mall”), the Store and Auto Center represent a total of 167,400 square feet on a total site size of 15.80 acres. Sears presently occupies the space on an owner/ user basis.
The Property is located in the southwestern portion of the Cleveland, Ohio MSA in southwestern Cuyahoga County, in the City of Strongsville. The Cleveland CBD is 23 miles northeast of the Property. The Property is located along Royalton Road which is the primary retail corridor that serves Strongsville, OH, just west of Interstate 71. The Property sees very good traffic counts as the Store along Royalton Road counts approximately 32,659 VPD.
The Property is an anchor department store at the SouthPark Mall, a 1.65 Million square foot super-regional mall built in 1996. The Mall’s anchor stores also include Dillard’s, Dick’s Sporting Goods, Macy’s and JCPenney as well as a 14-screen Cinemark Theatre. At 1,654,292 square feet, SouthPark Mall is ranked 45th in the Top 50 largest malls in the United States. The Mall features more than 180 specialty shops and restaurants and is the largest retail destination in Greater Cleveland.
Potential investors are afforded a unique opportunity to acquire fee simple ownership and evaluate repositioning with sale-leaseback alternatives.
Auctioneer: Thomas Seaman - License No: 2007000016
Disclaimer: The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions.
Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace, (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property.
You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.
17271 Southpark Center, Strongsville, OH 44136
Platform fee for this transaction is 5.00% or a minimum of $25,000.