Childtime | Recent 10-Year Lease Extension |… — Sale in Fairlawn, OH

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Fairlawn, OH 44333

Photos

Childtime | Recent 10-Year Lease Extension |… — Sale in Fairlawn, OH, photo 1 of 4
Childtime | Recent 10-Year Lease Extension |… — Sale in Fairlawn, OH, photo 2 of 4
Childtime | Recent 10-Year Lease Extension |… — Sale in Fairlawn, OH, photo 3 of 4
Childtime | Recent 10-Year Lease Extension |… — Sale in Fairlawn, OH, photo 4 of 4

Investment Figures

Cap rate
7.00%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to present the Childtime located in Fairlawn, OH (Akron MSA). Investment Highlights: • Recent 10 Year Extension with 31 Plus Year Operating History • The #2 Corporate Operator in the Country – 1,150 Plus Locations • $485,000 of Committed Tenant Improvements Coming to the Property • Over $64 Million Spent on Education and Daycare in a Five-Mile Radius

Market Context

This retail in Fairlawn, OH is listed for sale. It is offered at an approximate 7.0% capitalization rate, a key benchmark for income-producing retail assets. Compare it against other retail listings for sale in Fairlawn, OH — view the full market.

As of Q1 2026, the Cleveland retail market showed a 5.1% vacancy rate, average asking rents near $16.10/SF/yr, rents up 0.7% year over year, and cap rates around 8.8%. Source: Matthews Q1 2026 market report.

Its 7.0% asking cap rate is below the Cleveland retail market average of about 8.8%, reflecting premium pricing relative to comparable assets. Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Retail market FAQ

What is the typical cap rate for retail in Cleveland?
About 8.8% as of Q1 2026, per Matthews.
Is the Cleveland retail market tightening or softening?
Vacancy is around 5.1%, with asking rents rising year over year (Q1 2026).

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