Re-Tenant Opportunity: [DARK] Citizens Bank with Drive-Thru | 3,622±SF | Direct Frontage to Highly Anticipated $260M Belle Oaks Marketplace Development Project
690 Richmond Road
Richmond Heights, OH 44143
FOR SALE FOR LEASE NNN Property
Property Type:Single Tenant Retail (NNN)
Amount:Please Call Broker for Price
Last Verified:Feb 08, 2023
Description*Lease Terms Negotiable* 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). Subject is located directly across the street from 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 completed, the project will consist of 791 apt units with approx. 315,000±SF of retail, including a completely renovated Regal’s 20-screen theater complex.