for sale/build-to-suit join mercy health in ......5946 oak point road, lorain, oh 44053 for...

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5946 OAK POINT ROAD, LORAIN, OH 44053 FOR SALE/BUILD-TO-SUIT JOIN MERCY HEALTH IN PRIME COMMERCIAL DEVELOPMENT PROPERTY INFO + Lot Size: ±3.00 Acres (will divide) + For Lease: 1,500 - 25,000 SF + 30,000 SF Mercy Health Medical Center opening Spring 2019 + Western side of Oak Point Road off Route 2 + Parcel: 05-00-001-000-298 + 225’ Frontage, 618’ deep + Zoned: Commercial + Available For Sale, or Build-to-Suit + Adjacent anchor tenants include: Cleveland Clinic, Target, Lowe’s, Premier Toyota, Mercy Health & Wellness Center + Easy access to Route 2 / I-90 (1/4 mile) + Easement with additional access to Oak Point Road CONTACT US Bryant Bitar Senior Associate +1 216 363 6456 [email protected] CBRE, Inc. 950 Main Avenue, Suite 200 Cleveland, OH 44113 +1 216 687 1800 OAK POINT ROAD www.cbre.us/cleveland COOPER FOSTER PARK ROAD 3.0 Acres 618’ 225’ Recreation Center

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Page 1: FOR SALE/BUILD-TO-SUIT JOIN MERCY HEALTH IN ......5946 OAK POINT ROAD, LORAIN, OH 44053 FOR SALE/BUILD-TO-SUIT JOIN MERCY HEALTH IN PRIME COMMERCIAL DEVELOPMENT PROPERTY INFO + Lot

5946 OAK POINT ROAD, LORAIN, OH 44053

FOR SALE/BUILD-TO-SUIT

JOIN MERCY HEALTHIN PRIME COMMERCIAL DEVELOPMENT

PROPERTY INFO + Lot Size: ±3.00 Acres (will divide)

+ For Lease: 1,500 - 25,000 SF

+ 30,000 SF Mercy Health Medical Center opening Spring 2019

+ Western side of Oak Point Road off Route 2

+ Parcel: 05-00-001-000-298

+ 225’ Frontage, 618’ deep

+ Zoned: Commercial

+ Available For Sale, or Build-to-Suit

+ Adjacent anchor tenants include: Cleveland Clinic, Target, Lowe’s, Premier Toyota, Mercy Health & Wellness Center

+ Easy access to Route 2 / I-90 (1/4 mile)

+ Easement with additional access to Oak Point Road

CONTACT US

Bryant Bitar Senior Associate +1 216 363 [email protected]

CBRE, Inc. 950 Main Avenue, Suite 200 Cleveland, OH 44113 +1 216 687 1800

OA

K P

OIN

T R

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www.cbre.us/cleveland

COOPER FOSTER PARK ROAD

3.0 Acres

618’

225’

Recreation Center

Page 2: FOR SALE/BUILD-TO-SUIT JOIN MERCY HEALTH IN ......5946 OAK POINT ROAD, LORAIN, OH 44053 FOR SALE/BUILD-TO-SUIT JOIN MERCY HEALTH IN PRIME COMMERCIAL DEVELOPMENT PROPERTY INFO + Lot

www.cbre.us/cleveland

ST

AR sm

JOHNREYES10842

TM

John Reyes, #9410842Expiration Date: 12/31/2017

PROPOSEDBITAR

MEDICALCENTER30,000 SF

760.04

147.

79

470.

00

593.13

840.

08

BUCK HORN BLVD

OA

K P

OIN

T R

D70

' R.O

.W.

LOCATION MAP

SITE DATA

SITE AREA 5.00 ACRES

ZONING CLASSIFICATION:THE SUBJECT PREMISES IS LOCATED WITHIN ZONE"RESIDENTIAL DISTRICT ( R-1A )" AS SHOWN ON THEZONE MAP FOR THE CITY OF LORAIN.

PROPOSED ZONING:"PLANNED UNIT DEVELOPMENT"

LOT REQUIREMENTS:80 FEET OF FRONTAGE65% OPEN SPACE

BUILDING REQUIREMENTS:35 FEET MAXIMUM BUILDING HEIGHT35 FEET MINIMUM BUILDING FRONT SETBACK10 FEET MINIMUM BUILDING SIDE SETBACK25 FEET MINIMUM BUILDING REAR SETBACK

PARKING REQUIREMENTS:35 FEET MINIMUM SETBACK FROM R.O.W.10 & 25 FEET MINIMUM SETBACK SIDE & REAR9 FEET BY 19 FEET PARKING SPACE DIMENSION24 FEET DRIVE ISLE1 SPACE PER 200 SQUARE FEET = 150 SPACES

PROVIDED PARKING = 151 SPACES

AREA SUMMARY:

PROPOSED AREA: 30,000 S.F.

S. MAYFLOWER DR60' R.O.W.

525819

35' S

ETB

AC

K

25' S

ETB

AC

K

10' SETBACK

10' SETBACK

120.

00

225.

00

240.00

593.13

102'120'40'50'25'50'38'25'

LDSCPMOUND

LDSCPMOUND

PORTECOCHERE

CREEK

SANDRA BITAR05-00-001-000-080

18.48 ACRES TOTAL

160.00

42.43

84.85

242.97

55'

250'

45'

25'

95'

25'

RE

TEN

TIO

N

25' SETBACK

SANDRA BITAR02-03-007-000-014

DAVID & RHONDA COUSINS02-03-006-103-022

DEERFIELD ESTATES05-00-001-000-147

DEERFIELD ESTATES05-00-001-000-147

CHRISTINA MULICA05-00-001-000-002

JOYCE BOLDEN05-00-001-000-070

AMHERST JDZ LLC05-00-001-000-053

AMHERST JDZ LLC05-00-001-000-071

100.

0090

.00

1094

.00

240.00

240.00

175.02

15

7

19'

5' S

IDE

WA

LK

MONUMENTSIGN

LDSCPMOUND

40 40 40

PROPOSEDOFFICEBLDG7,920 SF

PROPOSEDOFFICEBLDG7,920 SF

PROPOSEDOFFICEBLDG7,920 SF

RE

TEN

TIO

N

406.93

35' S

ETB

AC

K

222.

38

10' SETBACK

25' S

ETB

AC

K

132.

00

60.00

132.

00

60.00

132.

00

60.00

SITE DATA

SITE AREA 3.12 ACRES

ZONING CLASSIFICATION:THE SUBJECT PREMISES IS LOCATED WITHIN ZONE"RESIDENTIAL DISTRICT ( R-1A )" AS SHOWN ON THEZONE MAP FOR THE CITY OF LORAIN.

PROPOSED ZONING:"PLANNED UNIT DEVELOPMENT"

LOT REQUIREMENTS:80 FEET OF FRONTAGE65% OPEN SPACE

BUILDING REQUIREMENTS:35 FEET MAXIMUM BUILDING HEIGHT35 FEET MINIMUM BUILDING FRONT SETBACK10 FEET MINIMUM BUILDING SIDE SETBACK25 FEET MINIMUM BUILDING REAR SETBACK

PARKING REQUIREMENTS:35 FEET MINIMUM SETBACK FROM R.O.W.10 & 25 FEET MINIMUM SETBACK SIDE & REAR9 FEET BY 19 FEET PARKING SPACE DIMENSION24 FEET DRIVE ISLE1 SPACE PER 200 SQUARE FEET = 120 SPACES

PROVIDED PARKING = 120 SPACES

AREA SUMMARY:

PROPOSED AREA: 23,760 S.F.

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5946 OAK POINT ROAD, LORAIN, OH 44053

FOR SALE/BUILD-TO-SUIT

JOIN MERCY HEALTHIN PRIME COMMERCIAL DEVELOPMENT

UNDER CONSTRUCTION

Spring 2019 Opening

Page 3: FOR SALE/BUILD-TO-SUIT JOIN MERCY HEALTH IN ......5946 OAK POINT ROAD, LORAIN, OH 44053 FOR SALE/BUILD-TO-SUIT JOIN MERCY HEALTH IN PRIME COMMERCIAL DEVELOPMENT PROPERTY INFO + Lot

© 2018 CBRE, Inc. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited. CBRE and the CBRE logo are service marks of CBRE, Inc. and/or its affiliated or related companies in the United States and other countries. All other marks displayed on this document are the property of their respective owners. Licensed Real Estate Broker

www.cbre.us/cleveland

5946 OAK POINT ROAD, LORAIN, OH 44053

FOR SALE/BUILD-TO-SUIT

JOIN MERCY HEALTHIN PRIME COMMERCIAL DEVELOPMENT

OA

K P

OIN

T R

D

SHOPS AT DEERFIELD

SITE

Recreation Center

Page 4: FOR SALE/BUILD-TO-SUIT JOIN MERCY HEALTH IN ......5946 OAK POINT ROAD, LORAIN, OH 44053 FOR SALE/BUILD-TO-SUIT JOIN MERCY HEALTH IN PRIME COMMERCIAL DEVELOPMENT PROPERTY INFO + Lot

www.cbre.us/cleveland

CONTACT US

Bryant Bitar Senior Associate +1 216 363 6456 [email protected]

CBRE, Inc. 950 Main Avenue, Suite 200 Cleveland, OH 44113 +1 216 687 1800

DEMOGRAPHIC BRIEF

8000 OAK POINT RD

3 MILES 5 MILES 15 MILES

2018 Population - Current Year Estimate 32,819 71,045 311,818

2023 Population - Five Year Projection 33,936 72,353 319,190

2010 Population - Census 31,164 69,809 301,961

2000 Population - Census 29,249 72,636 284,900

2010-2018 Annual Population Growth Rate 0.63% 0.21% 0.39%

2018-2023 Annual Population Growth Rate 0.67% 0.37% 0.47%

2018 Households - Current Year Estimate 13,271 28,609 122,277

2023 Households - Five Year Projection 13,749 29,225 125,648

2010 Households - Census 12,529 27,906 117,205

2000 Households - Census 11,457 28,161 106,681

2010-2018 Annual Household Growth Rate 0.70% 0.30% 0.51%

2018-2023 Annual Household Growth Rate 0.71% 0.43% 0.55%

2018 Average Household Size 2.44 2.45 2.48

2018 Average Household Income $76,311 $63,914 $75,294

2023 Average Household Income $87,925 $74,014 $86,404

2018 Median Household Income $59,881 $49,000 $56,455

2023 Median Household Income $66,459 $54,334 $62,522

2018 Per Capita Income $31,076 $26,000 $30,103

2023 Per Capita Income $35,820 $30,159 $34,592

2018 Housing Units 14 ,179 32 ,177 134 ,602

2018 Vacant Housing Units 908 6.4% 3,568 11.1% 12,325 9.2%

2018 Occupied Housing Units 13,270 93.6% 28,609 88.9% 122,277 90.8%

2018 Owner Occupied Housing Units 10,014 70.6% 18,935 58.8% 87,835 65.3%

2018 Renter Occupied Housing Units 3,256 23.0% 9,674 30.1% 34,442 25.6%

2018 Population 25 and Over 23 ,627 49 ,769 217 ,367

HS and Associates Degrees 16,161 68.4% 34,547 69.4% 141,144 64.9%

Bachelor's Degree or Higher 5,602 23.7% 8,914 17.9% 54,609 25.1%

2018 Businesses 960 1,822 8,553

2018 Employees 13,939 22,207 118,678

©2018 CBRE. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are forexample only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the propertyfor your needs. Source: Esri Page 1 ProjectID:378138

POPULAT ION

HOUSEHOLDS

HOUSEHOLD INCOME

HOUS ING UN ITS

EDUCAT ION

PLACE OF WORK

5946 OAK POINT ROAD, AMHERST, OH 44001

FOR SALE/BUILD-TO-SUIT

JOIN MERCY HEALTH INPRIME DEVELOPMENT OPPORTUNITY

5946 Oak POint Rd