former ruby tuesday - loopnet...no warranty or representation, express or implied, is made as to the...

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NO WARRANTY OR REPRESENTATION, EXPRESS OR IMPLIED, IS MADE AS TO THE ACCURACY OF THE INFORMATION CONTAINED HEREIN, AND THE SAME IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE, RENTAL OR OTHER CONDITIONS, PRIOR SALE, LEASE OR FINANCING, OR WITHDRAWAL WITHOUT NOTICE, AND OF ANY SPECIAL LISTING CONDITIONS IMPOSED BY OUR PRINCIPALS NO WARRANTIES OR REPRESENTATIONS ARE MADE AS TO THE CONDITION OF THE PROPERTY OR ANY HAZARDS CONTAINED THEREIN ARE ANY TO BE IMPLIED. 23240 Chagrin Blvd. Ste. 250 Cleveland, Ohio 44122 216 831 3310 naidaus.com Commercial Real Estate Services, Worldwide, Inc. Property Features • Freestanding restaurant available • Approximately 4,950 SF Excellent visibility and access to I-480 10 minutes to Downtown Cleveland 15 minutes to Ohio turnpike 20 minutes to Cleveland Hopkins Airport Pylon signage visible from I-480 Join Starbucks, Steak & Shake & Chipotle • Daytime Employment 1 Mile: 8,056 3 Mile: 56,905 5 Mile: 159,701 Former Ruby Tuesday 9501 Vista Way Garfield Hts., OH Deborah Maggard Vice President 216 455 0914 [email protected] J.C Stiassni Associate 216 455 0935 [email protected] Ground Lease Build to Suit or Redevelopment 171,167 CPD on I-480 east bound 141,499 CPD on I-480 west bound

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Page 1: Former Ruby Tuesday - LoopNet...no warranty or representation, express or implied, is made as to the accuracy of the information contained herein, and the same is submitted subject

NO WARRANTY OR REPRESENTATION, EXPRESS OR IMPLIED, IS MADE AS TO THE ACCURACY OF THE INFORMATION CONTAINED HEREIN, AND THE SAME IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE, RENTAL OR OTHER CONDITIONS, PRIOR SALE, LEASE OR FINANCING, OR WITHDRAWAL WITHOUT NOTICE, AND OF ANY SPECIAL LISTING CONDITIONS IMPOSED BY OUR PRINCIPALS NO WARRANTIES OR REPRESENTATIONS ARE MADE AS TO THE CONDITION OF THE PROPERTY OR ANY HAZARDS CONTAINED THEREIN ARE ANY TO BE IMPLIED.

23240 Chagrin Blvd. Ste. 250Cleveland, Ohio 44122216 831 3310

naidaus.com

Commercial Real Estate Services, Worldwide, Inc.

Property Features

• Freestanding restaurant available

• Approximately 4,950 SF

• Excellent visibility and access to I-480

• 10 minutes to Downtown Cleveland

• 15 minutes to Ohio turnpike

• 20 minutes to Cleveland Hopkins Airport

• Pylon signage visible from I-480

• Join Starbucks, Steak & Shake & Chipotle

• Daytime Employment 1 Mile: 8,056 3 Mile: 56,905 5 Mile: 159,701

Former Ruby Tuesday9501 Vista Way Gar�eld Hts., OH

Deborah Maggard Vice President 216 455 0914 [email protected]

J.C Stiassni Associate 216 455 0935 [email protected]

Ground Lease Build to Suit or Redevelopment

171,167 CPD on I-480 east bound

141,499 CPD on I-480 west bound

Page 2: Former Ruby Tuesday - LoopNet...no warranty or representation, express or implied, is made as to the accuracy of the information contained herein, and the same is submitted subject

23240 Chagrin Blvd. Ste. 250Cleveland, Ohio 44122216 831 3310

naidaus.comCommercial Real Estate Services, Worldwide

Deborah Maggard Vice President 216 455 0914 [email protected]

Floor Plan

J.C Stiassni Associate 216 455 0935 [email protected]

9501 Vista Way Garfield Hts., Ohio

Page 3: Former Ruby Tuesday - LoopNet...no warranty or representation, express or implied, is made as to the accuracy of the information contained herein, and the same is submitted subject

23240 Chagrin Blvd. Ste. 250Cleveland, Ohio 44122216 831 3310

naidaus.comCommercial Real Estate Services, Worldwide

Deborah Maggard Vice President 216 455 0914 [email protected]

J.C Stiassni Associate 216 455 0935 [email protected]

9501 Vista Way Garfield Hts., Ohio

4,950 SF

Site Plan

Page 4: Former Ruby Tuesday - LoopNet...no warranty or representation, express or implied, is made as to the accuracy of the information contained herein, and the same is submitted subject

23240 Chagrin Blvd. Ste. 250Cleveland, Ohio 44122216 831 3310

naidaus.comCommercial Real Estate Services, Worldwide

Deborah Maggard Vice President 216 455 0914 [email protected]

J.C Stiassni Associate 216 455 0935 [email protected]

9501 Vista Way Garfield Hts., Ohio

Elevations

Page 5: Former Ruby Tuesday - LoopNet...no warranty or representation, express or implied, is made as to the accuracy of the information contained herein, and the same is submitted subject

23240 Chagrin Blvd. Ste. 250Cleveland, Ohio 44122216 831 3310

naidaus.comCommercial Real Estate Services, Worldwide

Deborah Maggard Vice President 216 455 0914 [email protected]

Aerial

J.C Stiassni Associate 216 455 0935 [email protected]

9501 Vista Way Garfield Hts., Ohio

480

Vista Way

East 98th. Street

480

SITE

YOUR NAME

Page 6: Former Ruby Tuesday - LoopNet...no warranty or representation, express or implied, is made as to the accuracy of the information contained herein, and the same is submitted subject

23240 Chagrin Blvd. Ste. 250Cleveland, Ohio 44122216 831 3310

naidaus.comCommercial Real Estate Services, Worldwide

Deborah Maggard Vice President 216 455 0914 [email protected]

J.C Stiassni Associate 216 455 0935 [email protected]

9501 Vista Way Garfield Hts., Ohio

Photos

Page 7: Former Ruby Tuesday - LoopNet...no warranty or representation, express or implied, is made as to the accuracy of the information contained herein, and the same is submitted subject

Executive Summary9501 Vista Way, Garfield Heights, Ohio, 44125 Prepared by EsriRings: 1, 3, 5 mile radii Latitude: 41.40903

Longitude: -81.61699

1 mile 3 miles 5 milesPopulation

2000 Population 6,563 70,519 268,1062010 Population 6,370 62,220 227,7802016 Population 6,278 60,844 220,0262021 Population 6,196 59,893 215,6112000-2010 Annual Rate -0.30% -1.24% -1.62%2010-2016 Annual Rate -0.23% -0.36% -0.55%2016-2021 Annual Rate -0.26% -0.31% -0.40%2016 Male Population 44.9% 46.9% 46.6%2016 Female Population 55.1% 53.1% 53.4%2016 Median Age 41.5 40.3 41.4

In the identified area, the current year population is 220,026. In 2010, the Census count in the area was 227,780. The rate of change since 2010 was -0.55% annually. The five-year projection for the population in the area is 215,611 representing a change of -0.40% annually from 2016 to 2021. Currently, the population is 46.6% male and 53.4% female.

Median Age

The median age in this area is 41.5, compared to U.S. median age of 38.0.Race and Ethnicity

2016 White Alone 67.6% 49.0% 43.0%2016 Black Alone 26.5% 46.4% 52.1%2016 American Indian/Alaska Native Alone 0.2% 0.2% 0.2%2016 Asian Alone 2.2% 1.3% 1.3%2016 Pacific Islander Alone 0.0% 0.0% 0.0%2016 Other Race 0.9% 0.8% 1.1%2016 Two or More Races 2.6% 2.3% 2.2%2016 Hispanic Origin (Any Race) 2.7% 2.5% 3.4%

Persons of Hispanic origin represent 3.4% of the population in the identified area compared to 17.9% of the U.S. population. Persons of Hispanic Origin may be of any race. The Diversity Index, which measures the probability that two people from the same area will be from different race/ethnic groups, is 57.3 in the identified area, compared to 63.5 for the U.S. as a whole.

Households2000 Households 2,766 27,923 107,5432010 Households 2,690 25,327 95,7942016 Total Households 2,675 25,010 93,8232021 Total Households 2,656 24,767 92,6292000-2010 Annual Rate -0.28% -0.97% -1.15%2010-2016 Annual Rate -0.09% -0.20% -0.33%2016-2021 Annual Rate -0.14% -0.20% -0.26%2016 Average Household Size 2.28 2.41 2.33

The household count in this area has changed from 95,794 in 2010 to 93,823 in the current year, a change of -0.33% annually. The five-year projection of households is 92,629, a change of -0.26% annually from the current year total. Average household size is currently 2.33, compared to 2.36 in the year 2010. The number of families in the current year is 56,537 in the specified area.

Data Note: Income is expressed in current dollarsSource: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2016 and 2021. Esri converted Census 2000 data into 2010 geography.

February 21, 2017

©2016 Esri Page 1 of 2

23240 Chagrin Blvd. Ste. 250Cleveland, Ohio 44122216 831 3310

naidaus.comCommercial Real Estate Services, Worldwide

Demographics

Deborah Maggard Vice President 216 455 0914 [email protected]

J.C Stiassni Associate 216 455 0935 [email protected]

9501 Vista Way Garfield Hts., Ohio

Page 8: Former Ruby Tuesday - LoopNet...no warranty or representation, express or implied, is made as to the accuracy of the information contained herein, and the same is submitted subject

Executive Summary9501 Vista Way, Garfield Heights, Ohio, 44125 Prepared by EsriRings: 1, 3, 5 mile radii Latitude: 41.40903

Longitude: -81.61699

1 mile 3 miles 5 milesMedian Household nco e

2016 Median Household Income 41,187 38,684 36,2202021 Median Household Income 46,875 40,862 35,9112016-2021 Annual Rate 2.62% 1.10% -0.17%

A erage Household nco e

2016 Average Household Income 52,086 51,023 49,6232021 Average Household Income 56,686 55,446 54,1212016-2021 Annual Rate 1.71% 1.68% 1.75%

Per apita nco e2016 Per Capita Income 22,732 21,176 21,3762021 Per Capita Income 24,847 23,135 23,4762016-2021 Annual Rate 1.80% 1.79% 1.89%

Households y nco eCurrent median household income is 36,220 in the area, compared to 54,149 for all U.S. households. Median household income is projected to be 35,911 in five years, compared to 59,476 for all U.S. households

Current average household income is 49,623 in this area, compared to 77,008 for all U.S. households. Average household income is projected to be 54,121 in five years, compared to 84,021 for all U.S. households

Current per capita income is 21,376 in the area, compared to the U.S. per capita income of 29,472. The per capita income is projected to be 23,476 in five years, compared to 32,025 for all U.S. households Housing

2000 Total Housing Units 2,897 29,506 116,2212000 Owner Occupied Housing Units 2,183 21,394 72,8232000 Renter Occupied Housing Units 583 6,529 34,7202000 Vacant Housing Units 131 1,583 8,678

2010 Total Housing Units 3,001 29,379 112,9422010 Owner Occupied Housing Units 1,806 17,432 60,4052010 Renter Occupied Housing Units 884 7,895 35,3892010 Vacant Housing Units 311 4,052 17,148

2016 Total Housing Units 2,991 29,342 112,5632016 Owner Occupied Housing Units 1,690 16,293 55,9232016 Renter Occupied Housing Units 985 8,717 37,9002016 Vacant Housing Units 316 4,332 18,740

2021 Total Housing Units 2,991 29,349 112,4642021 Owner Occupied Housing Units 1,672 16,077 55,0592021 Renter Occupied Housing Units 984 8,690 37,5702021 Vacant Housing Units 335 4,582 19,835

Currently, 49.7% of the 112,563 housing units in the area are owner occupied 33.7%, renter occupied and 16.6% are vacant. Currently, in the U.S., 55.4% of the housing units in the area are owner occupied 32.9% are renter occupied and 11.7% are vacant. In 2010, there were 112,942 housing units in the area - 53.5% owner occupied, 31.3% renter occupied, and 15.2% vacant. The annual rate of change in housing units since 2010 is -0.15%. Median home value in the area is 94,409, compared to a median home value of 198,891 for the U.S. In five years, median value is projected to change by 2.44% annually to 106,524.

Data Note: Income is expressed in current dollarsSource: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2016 and 2021. Esri converted Census 2000 data into 2010 geography.

February 21, 2017

©2016 Esri Page 2 of 2

23240 Chagrin Blvd. Ste. 250Cleveland, Ohio 44122216 831 3310

naidaus.comCommercial Real Estate Services, Worldwide

Demographics

Deborah Maggard Vice President 216 455 0914 [email protected]

J.C Stiassni Associate 216 455 0935 [email protected]

9501 Vista Way Garfield Hts., Ohio