midway crossing - altus commercial real estate atlanta · 2019-03-19 · midway crossing: site plan...
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RETAIL – RESTAURANT – OFFICE - MEDICAL
Midway Crossing
1511 West River Road
Elyria, Ohio 44035
Anchored by Toys “R” Us
Below Market Rates
Tenant Improvement Dollars Available
Excellent visibility with 39,400+/- cars/day
339,616 population within 20 minute drive time of center
Complete Renovation Planned to be completed 2016
Midway CrossingCleveland – Elyria – Mentor, Ohio
Midway Crossing: Demographics/Location
The Property is strategically positioned along West RiverRoad between two of Ohio’s main interstates, I-80 (OhioTurnpike) and I-90 (the longest east-west interstate).
The residential base surrounding the Property has over339,616 within 20 minute drive time of the property withand average household income in excess of $70,458.
The Center is positioned to draw from the population ofLorain County, the western suburbs of Cleveland, and themulti-county area stretching south and west.
Elyria is home to many businesses and worldheadquarters; Invacare (a world leader of mobility care),RIDGID Tool, Diamond Products, Bendix CommercialVehicle Systems, and Elyria Manufacturing Corp.
DRIVETIME 5.0 Min 10.0 Min 20.0 Min
Population
2014 Estimate 12,805 80,040 339,616
2014 Daytime 18,212 100,826 333,170
Growth 2014-2019 0.04% 0.00% 0.09%
Households
2014 Estimate 5,596 32,167 134,802
Average Household Income
2014 Estimate $49,511 $54,688 $70,458
Midway Crossing: Demographics/Location
Midway Crossing’s most recent additions,Chipotle, Verizon, and Olive Garden only addto the daily traffic at the center, along with theinline anchor Toys “R” Us.
Traffic counts at the intersection of WestRiver Road and I-89 are upwards of 39,400vehicle per day.
The City of Elyria, county seat of LoraineCounty, is approximately 28 miles west ofCleveland and 7 miles south of Lake Erie.
One of Midway Crossings most valuableassets is that it is positioned between the exitsof two major highways, I-90 Cleveland areaseast-west highway, and Ohio Turnpike I-80.
Additionally the immediate vicinity offers anabundance of retail with close such as Target,Home Depot, and Giant Eagle with MidwayCrossing positioned in the heart of this retailcorridor.
The Center is positioned directly across fromMidway Mall, a 1.2million square foot super-regional mall anchored by Best Buy, Sears,JCPenny and Macy’s.
Midway Crossing: Site Plan
Suite Sq.Ft. Tenant
FS1 4,000 Verizon
FS1A 1,840 Vanity Nail
FS1B 2.400 Chipotle
FSB 16,800 Olive Garden
2 2,512 Chiropractic Rehab
3 4,400 VACANT
4 11,550 Party Place
5 20,858 VACANT
6 8.250 VACANT
7 2,200 Sally Beauty
8 2,750 VACANT
9 23,602 VACANT
10 10,978 VACANT
11 2,925 VACANT
12 9,900 VACANT
13 1,737 VACANT
14 1,824 VACANT
15 1,737 VACANT
16 1,234 Chiropractic Rehab
17 25,200 VACANT
18 21,936 Planet Fitness
Midway Crossing: Renovation Plan
Rendering of the Proposed Renovation Plan