Mayfield Heights Town Center
Closed1237 SOM Center Rd, Cleveland, OH 44124
Property type
Retail
Price
$8,000,000
Building size
27,271 sf
Rentable area
27,271 SF
Year built
2008
Year renovated
Occupancy
Zoning code
Lot size
2.80 Acres
Sold/status
2026-06-22
Sale price
$8000000
Property description
The tenant mix is comprised of service-oriented, internet-resistant users including national and regional brands such as Five Guys, Crumbl Cookies, Handel’s Ice Cream, and Honey Baked Ham, complemented by local and experiential concepts that drive consistent daily traffic. The surrounding trade area is characterized by strong demographics, with over 108,000 residents within a five-mile radius and average household incomes exceeding $137,000 . Additionally, the property benefits from proximity to major employment drivers including Cleveland Clinic’s Hillcrest Hospital and several corporate headquarters, supporting both daytime and evening consumer demand.
Property highlights
- 27,271 SF Convenience Retail Center 20 Miles from Cleveland
- Affluent Household Incomes: $137k+
- Excellent Visibility on Main Retail Corridor: 21,000 VPD
- Strong Mix of National and Regional Retailers: Five Guys, Crumbl Cookies, Handel’s Ice Cream, Honey Baked Ham, Salon Lofts, among others
- Surrounded by National Box Retailers: Target, Aldi, Ulta, Mchaels, Five Below, Old Navy, Hobby Lobby
- Strategically Positioned just North of Interstate 271 and Directly Adjacent to the Dominant Eastgate Shopping Center: Target, Aldi, Michael's, Ulta, Five Below, Hobby Lobby, among others