Highway Visible 5.6 AC / 27,192 SF Former Car… — Sale in Euclid, OH

  • Price: $3.4M
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Euclid, OH 44123

Photos

Highway Visible 5.6 AC / 27,192 SF Former Car… — Sale in Euclid, OH, photo 1 of 4
Highway Visible 5.6 AC / 27,192 SF Former Car… — Sale in Euclid, OH, photo 2 of 4
Highway Visible 5.6 AC / 27,192 SF Former Car… — Sale in Euclid, OH, photo 3 of 4
Highway Visible 5.6 AC / 27,192 SF Former Car… — Sale in Euclid, OH, photo 4 of 4

Description

Highway Exit Development Site with over 100,000 VPD Basic Construction: Concrete block knee-walls, concrete block fire walls, square cut concrete block exterior walls, and steel stud and glass split face block curtain walls used in the showroom and general office Foundation: Continuous reinforced concrete trench footers Framing: Steel columns and girders Clear Ceiling Height: Approximately ±10 feet in the showroom and office areas, and ±10-12 feet in the other areas with finished ceilings Clear Ceiling Height: Approximately ±10 feet in the showroom and office areas, and ±10-12 feet in the other areas with finished ceilings Exterior Walls: Metal panel facia and storefront, panted square cut concrete block, split face block and aluminum framed thermopane glass curtain walls. Roof Structure: Standing seam painted steel roof Roof Cover: Metal panel Heating and Cooling: The service area features mezzanine mounted gas fired forced air furnace with a make-up air unit. Supplemental heat is provided by suspended gas-fired radiant units. The showroom/general office area features mezzanine mounted gas fired forced air furnace with two air handling units and three exterior cooling condensers. Traffic Counts: Route 2: 106,839 VPD on Route 2 and 9,806 VPD on Babbitt Rd (source: ODOT TIMS)

Market Context

This retail in Euclid, OH is listed for sale at $3,400,000. Compare it against other retail listings for sale in Euclid, 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.

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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