[DARK] Citizens Bank Location + Drive-thru | Adjacent from $260M Belle Oaks Marketplace Development

690 Richmond Road Richmond Heights, OH 44143

690 Richmond Road, Richmond Heights, OH, 44143
Subject
690 Richmond Road, Richmond Heights, OH, 44143 690 Richmond Road, Richmond Heights, OH, 44143
FOR SALE NNN Property
Property Type:
Single Tenant Retail (NNN)
Amount:
Please Call Broker for Price

Last Verified:
Aug 03, 2022

Description

Subject offering a now-dark former Citizens Bank, which has been occupied by Tenant since 2006 with a lease expiration date of 07/2023. The free-standing, well-maintained, 3,775± square foot building boasts direct frontage to SR 175. Constructed in 2001, the building features a brick exterior, with wood/timber framing and sits on a 1.99±AC lot. The site benefits from a dedicated turning-lane and exposure to a combined 25,748± vehicles-per-day (2020). The Subject is also located directly across the street from the highly anticipated, recently approved, Belle Oaks Marketplace. When complete, the 69.2±AC / 1,617,800±SF development of regional economic impact aims to be the preeminent, Class-A multi-family and mixed-use community in the region offering a walkable, live-work-play environment that is supported by best-in-class local retailers, restaurants and daily-needs services. Once fully envisioned, the project will consist of 791 apartment units with approximately 315,000±SF of retail, including a completely renovated Regal’s 20-screen theater complex. With its 1st Phase construction commencing in 2021 and Leasing Center scheduled to open in December 2022, the 760,110±SF Phase I, will be a mixed-use neighborhood comprised of 8 new buildings located on 25.5±AC of the existing Sears Dept. Store site at Richmond Town Square.

Highlights

  • Subject located directly across from the highly anticipated, recently approved 1,617,800±SF Belle Oaks Marketplace
  • Site benefits from a dedicated turning-lane and exposure to a combined 25,748± vehicles-per-day (2020)
  • Excellent Visibility Benefits from Direct Frontage to SR 175 (Richmond Road)
  • 2001 Construction with Brick Exterior and Wood/Timber Framing on a 1.99±AC Lot with Drive-Thru Access Lanes

  • Additional URLs

    Map of 690 Richmond Road, Richmond Heights, OH, 44143

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