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Retail & Restaurant Space at New Development Royalton Rd
1,500 - 7,500 SF of 4-Star Retail Space Available in Strongsville, OH 44149
Highlights
- Adjacent to Camden Woods, the new 82 Home Development featuring an incredible architectural design and achieving aggressive market rental pricing
- Excellent Demographics: Household Income of $134,330 in a 3 mile radius and a population of 41,438 within 3 miles
- The developer, J ROC is well know for their design forward developments, created elevated experiences, and functionally efficient properties
- 185’ frontage on Royalton Road (RT 82)
- Hard corner signalized intersection with high visibility with optimal access and circulation
- 6 Minutes to Pulte’s Emerald Woods project, under construction, 600+ unit residential development in Columbia Station at Royalton (RT 82) / Boone Rd
Space Availability (3)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
Space | Size | Term | Rental Rate | Rent Type | ||
1st Floor, Ste 1 | 1,500 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
1st Floor, Ste 2 | 2,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
1st Floor, Ste Restaurant Space | 4,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor, Ste 1
- Located in-line with other retail
- Space is in Excellent Condition
1st Floor, Ste 2
- Located in-line with other retail
- Space is in Excellent Condition
1st Floor, Ste Restaurant Space
- Located in-line with other retail
- Space is in Excellent Condition
- Anchor Restaurant
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR Royalton Rd , Strongsville, OH 44149
Property Type | Retail | Construction Status | Proposed |
Property Subtype | Restaurant | Cross Streets | Prospect Rd |
Gross Leasable Area | 7,500 SF |
Property Type | Retail |
Property Subtype | Restaurant |
Gross Leasable Area | 7,500 SF |
Construction Status | Proposed |
Cross Streets | Prospect Rd |
About the Property
The developer is entertaining discussions with best in class, sophisticated / approachable local or regional food & beverage concept to support the strong neighborhood demographics and high demand! (labeled future restaurant in the site plans)
Presented by
Retail & Restaurant Space at New Development | Royalton Rd
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