This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

Close
You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

922 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

We will automatically send your friend a one-time email inviting him or her to visit the site. LoopNet stores this information for the sole purpose of sending this one-time email and tracking the success of our referral program. View LoopNet's Privacy Policy

thank you

Your email has been sent!

Kingston Corners Shopping Center 27089-27095 Bagley Rd

57,275 SF 100% Leased Retail Building Olmsted Twp, OH 44138 $11,419,968 CAD ($199 CAD/SF) 8% Cap Rate

Storefront Properties Ohio Olmsted Twp 27089-27095 Bagley Rd, Olmsted Twp, OH 44138

Investment Highlights

  • 100% Occupied, 57,275 SF Grocery-Anchored Neighborhood Retail Center in Olmsted Township, OH (Cleveland MSA)
  • Affluent, Highly-Desirable Area: $128K AHHI within 1-Mile
  • All 12 Tenants are NNN, 100% Recovery of Tax/Ins/ CAM Expenses via NNN Lease Structures
  • Anchored by Shaker’s MarketPlace (59% of GLA) on NNN Lease thru July 2029
  • 3-Tenant Outparcel Building w/ Majority Long- Term Leases Included in Sale – Located Directly at Hard Corner Intersection w/ Recent Façade Renovation
  • 91.6% Recovery of Landlord Operating Expenses via Majority NNN Lease Structure

Financial Summary (Actual - 2023) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income (CAD)
Annual -
Annual Per SF -
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual -
Annual Per SF -
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
57,275 SF
Building Class
C
Year Built
1985
Price
$11,419,968 CAD
Price Per SF
$199 CAD
Cap Rate
8%
NOI
$913,498 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.27
Land Acres
4.87 AC
Zoning
RB, Olmstead Twp - RETAIL
Parking
219 Spaces (4.04 Spaces per 1,000 SF Leased)
Frontage
692 ft on Bagely

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 27093-J
  • 1,200 SF
  • Retail
  • -
  • Jan 2025
Space Size Space Use Position Available
27093-J 1,200 SF Retail - Jan 2025

27093-J

Size
1,200 SF
Space Use
Retail
Position
-
Available
Jan 2025
1 of 1

PROPERTY TAXES

Parcel Numbers
Multiple
  • 264-20-039
  • 263-01-005
 Improvements Assessment $1,683,166 CAD (2022)
Land Assessment $1,034,374 CAD (2022) Total Assessment $2,717,540 CAD (2022)

PROPERTY TAXES

Parcel Numbers
Multiple
  • 264-20-039
  • 263-01-005
Land Assessment
$1,034,374 CAD (2022)
Improvements Assessment
$1,683,166 CAD (2022)
Total Assessment
$2,717,540 CAD (2022)
(216) 264-2000

  • Listing ID: 31795525

  • Date on Market: 2024-05-14

  • Last Updated:

  • Address: 27089-27095 Bagley Rd, Olmsted Twp, OH 44138

1 of 3
VIDEOS
3D TOUR
PHOTOS
STREET VIEW STREET
MAP

1/3
27089-27095 Bagley Rd, Olmsted Twp, OH for sale Primary Photo- Image 1 of 3
IMG_2415-Edit
27089-27095 Bagley Rd, Olmsted Twp, OH for sale Building Photo- Image 2 of 3
aerial

1 of 1

Connect with us

© 2024 CoStar Group

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

Kingston Corners Shopping Center | 27089-27095 Bagley Rd
(216) 264-2000 x

Kingston Corners Shopping Center | 27089-27095 Bagley Rd

Scott Wiles

(216) 264-2000

(216) 264-2000

Already a member? Log In

First Name*

Last Name*

Please enter an email address.

Email*

Phone*

Ext (optional)

Company (optional)

Please leave a message.

Message*

{{messageTextLength}} out of 600

New to LoopNet? No problem. We'll automatically create a free account for you. By clicking the button, you agree to LoopNet's Terms of Use and Privacy Policy.

Hmm, there seems to have been an error sending your message. Please try again.

Thanks! Your message was sent.

Send another message

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}
You can provide feedback any time using the Help button at the top of the page.

Share Link