Listed by Anchor Retail
$2,800,000
Meadowbrook Market Square
Details
Property Type Retail
Sub Type Shopping Center
Square Footage 46,991
Cap Rate 7.48%
NOI $209,499
Occupancy 47.74%
Tenancy Multi
Class B
Year Built 1988
Year Renovated 2019
Acreage 5.610
Zoning Commercial
Investment Type Value Add
Ground Lease No
About This Property for Sale
Marketing description
Anchor Retail is proud to exclusively represent Meadowbrook Market Square at 22101-22165 Rockside Road for investment sale. It is a highly-visible, well-positioned neighborhood shopping center in the heart of Bedford’s dominant retail corridor, offering strong traffic, and established tenant mix, and direct access to a dense residential and employment base. The property benefits from excellent regional connectivity via Rockside Road, and I-271/I-480, drawing customers from Bedford, Maple Heights, and surrounding east side Cleveland suburbs with favorable housing incomes and solid consumer spending power.
Investment highlights
Location, Access, Visibility:
- Prominent frontage along Rockside Road in Bedford’s primary commercial node, with convenient full-movement access and ample on-site parking that supports daily needs and destination retail.
- Immediate connectivity to major regional arteries, including I-271 and I-480, positions the center as an easy stop for both local residents and daily commuters traveling through southeast Cuyahoga County
Tenant Mix & Traffic Drivers:
- Meadowbrook Market Square features a mix of service, retail, fitness, and government users including Fit Circuit Ohio, NAPA, the Ohio Bureau of Motor Vehicles Deputy Registrar and Exam Station, and the Cuyahoga County Title Bureau, which generate reliable weekday and weekend traffic.
Employment Base & Area Strength:
- The Bedford-southeast Cleveland sub-market benefits from a diverse employment base in healthcare, light industrial, logistics, and services, drawing workers from a wide regional catchment and supporting daytime population near the center.
- Nearby institutional and public-sector users, including county and state offices and educational facilities in the broader corridor, further reinforce daily demand for food, services, and convenience retail.
Listing Contacts
Listed by Anchor Retail
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$209,499.00
$17,458.25/mo
Valuation Metrics
0
DSCR
7.48%
Cap Rate
7.48%
ROI
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