former pnc bank€¦ · hotels 10 hotels/1,190 rooms 1. holiday inn express - 91 rooms 2. extended...

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HIGH PROFILE 3.09 AC SITE WITH FORMER 2,000 SF PNC BANK FOR GROUND LEASE 25350 DETROIT ROAD, WESTLAKE, OH 44145 I-90 AND COLUMBIA INTERSECTION RARE WESTLAKE DRIVE-THRU OPPORTUNITY FORMER PNC BANK Joseph W. Khouri First Vice President 216 658 6120 [email protected] Kevin Moss Senior Associate 216 363 6453 [email protected] DETROIT RD DETROIT RD COLUMBIA RD COLUMBIA RD 11,988 VPD 11,988 VPD 23,715 VPD 23,715 VPD 26,831 VPD 26,831 VPD 91,180 VPD 91,180 VPD 3.09 ACRES 3.09 ACRES 11 MINUTES TO 11 MINUTES TO CROCKER PARK CROCKER PARK 21 MINUTES TO 21 MINUTES TO DOWNTOWN DOWNTOWN

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Page 1: FORMER PNC BANK€¦ · HOTELS 10 Hotels/1,190 Rooms 1. Holiday Inn Express - 91 Rooms 2. Extended Stay America - 73 Rooms 3. Sonesta ES Suites - 104 Rooms 4. DoubleTree - 269 Rooms

H I G H P R O F I L E 3 .09 A C S I T E W I T H F O R M E R 2 ,0 00 S F P N C B A N K F O R G R O U N D L E A S E25350 D E T R O I T R O A D, W E S T L A K E , O H 4 41 45I-90 A N D C O L U M B I A I N T E R S E C T I O N

RARE WESTLAKE DRIVE-THRU OPPORTUNITY

FORMER PNC BANK

Joseph W. KhouriFirst Vice President216 658 [email protected]

Kevin MossSenior Associate216 363 [email protected]

DETROIT RD

DETROIT RD

COLUMBIA RD

COLUMBIA RD

11,988 VPD

11,988 VPD 23,715 VPD

23,715 VPD

26,831 VPD

26,831 VPD

91,180 VPD91,180 VPD

3.09 ACRES3.09 ACRES

11 MINUTES TO

11 MINUTES TO

CROCKER PARK

CROCKER PARK

21 MINUTES TO

21 MINUTES TO

DOWNTOWN

DOWNTOWN

Page 2: FORMER PNC BANK€¦ · HOTELS 10 Hotels/1,190 Rooms 1. Holiday Inn Express - 91 Rooms 2. Extended Stay America - 73 Rooms 3. Sonesta ES Suites - 104 Rooms 4. DoubleTree - 269 Rooms

T H E O P P O R T U N I T Y

• Former 2,000 SF PNC Bank on 3.09 AC, which has finished asphalt grade of approximately .56 acres

• Rare Westlake Drive-thru opportunity

• Frontage: 145’ • 2,000 SF bank building with

drive-thru • Zoning: Interchange Services • Utilities: All utilities on site

3.09 ACRES 3.09 ACRES AVAILABLEAVAILABLE

DAYTIME POPULATION

71,105

2019POPULATION

66,170

2019HOUSEHOLDS

28,853

2019AVG. HOUSEHOLD

INCOME

$105,919

2019POPULATION

25 & OVER

48,938

Page 3: FORMER PNC BANK€¦ · HOTELS 10 Hotels/1,190 Rooms 1. Holiday Inn Express - 91 Rooms 2. Extended Stay America - 73 Rooms 3. Sonesta ES Suites - 104 Rooms 4. DoubleTree - 269 Rooms

W E S T L A K E A E R I A L

3.09 ACRES 3.09 ACRES AVAILABLEAVAILABLE

DETROIT RD

DETROIT RDCOLUMBIA RDCOLUMBIA RD

26,831 VPD26,831 VPD

11,988 VPD

11,988 VPD

±758.25’

±145.29’±255.31’

±150

.46’ ±485.95’

±2.53 acres of this site behind the bank, the BP all the way

to highway is unbuildable with significant grade change,

wetlands and a creek.

±125.33’

Page 4: FORMER PNC BANK€¦ · HOTELS 10 Hotels/1,190 Rooms 1. Holiday Inn Express - 91 Rooms 2. Extended Stay America - 73 Rooms 3. Sonesta ES Suites - 104 Rooms 4. DoubleTree - 269 Rooms

M A C R O W E S T L A K E A E R I A L

N

CityCity

Lake ErieLake Erie

Bay Bay High SchoolHigh School

Cuyahoga Cuyahoga Community Community

CollegeCollegeWestshoreWestshore

WestlakeWestlakeHigh SchoolHigh School

LakewoodLakewoodCountry ClubCountry Club

BRA

DLE

Y RD

BRA

DLE

Y RD

BRA

DLE

Y RD

BRA

DLE

Y RD

DETROIT RD

DETROIT RD

BAY VILLAGEBAY VILLAGE

WESTLAKEWESTLAKE

CRO

CKE

R RD

CRO

CKE

R RD

CRO

CKER RD

CRO

CKER RD

DO

VER CEN

TER RDD

OVER C

ENTER RD

DO

VER CEN

TER RDD

OVER C

ENTER RD

WESTWOOD RDWESTWOOD RD

CA

NTERBU

RY RDC

AN

TERBURY RD

CA

NTERBU

RY RDC

AN

TERBURY RD

CO

LUM

BIA RD

CO

LUM

BIA RD

CLA

GU

E RDC

LAG

UE RD

LAKE RDLAKE RD

CO

LUM

BIA RD

CO

LUM

BIA RD

BASSETT RD

BASSETT RD

BASSETT RD

BASSETT RD

CLEMENS RDCLEMENS RD

WOLF RDWOLF RD

WOLF RDWOLF RD

DETROIT RDDETROIT RD

SPERRY RDSPERRY RD

CENTER RIDGE RD

CENTER RIDGE RD

HILLIARD BLVDHILLIARD BLVD

HILLIARD BLVDHILLIARD BLVD

Huntington Huntington BeachBeach

HylandHylandSoftwareSoftware

All ProAll ProFreightFreight

EnergizerEnergizer

TravelCenters TravelCenters of Americaof AmericaAmericanAmerican

GreetingsGreetings

254

Koyo Koyo CorpCorp

20

20

113

113

252

90

90

90

252

254

254

254

6

11,52011,520

4,6344,634

11,67311,673

95,19295,192

93,19393,193

85,14285,142

12,09612,096

30,22630,226

12,1

1112

,111

12,94412,944

12,97312,973

21,76121,761

15,51515,515

•23,715•23,715

10,95210,952

4,524•4,524•

3,0903,090

11,56411,564

•8,816•8,816

•11,167•11,167

11,29511,295

5,9465,946

26,831•26,831•

36,1

7736

,177

9,8479,847

10

98

432

5

6

7

1

CSU CSU West CtrWest Ctr

Found from website recreated PMS

SAVANNAH COMMONS

PROMENADE AT CROCKER PARK

BAY VILLAGE SQUAREFound from website recreated PMS

DOVER COMMONS

Proposed

STEIN MART PLAZA

WEST BAY PLAZA

Proposed

CROCKER PARK

OpeningSoon:

WESTLAKE–CROCKER PARKRETAIL TRADE AREA

Last Updated: November 26, 2019Traffi c Counts: Ohio Department of Transportation (ODOT) 2018-2019

© 2019 CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verifi ed for accuracy or completeness. You should conduct a careful, independent investigation of the property and verify all information. Any reliance on this information is solely at your own risk. CBRE and the CBRE logo are service marks of CBRE, Inc. All other marks displayed on this document are the property of their respective owners, and the use of such logos does not imply any affi liation with or endorsement of CBRELicensed Real Estate Broker

HOTELS10 Hotels/1,190 Rooms

1. Holiday Inn Express - 91 Rooms2. Extended Stay America - 73 Rooms3. Sonesta ES Suites - 104 Rooms4. DoubleTree - 269 Rooms5. Red Roof Inn - 98 Rooms6. Hampton Inn - 122 Rooms7. Hyatt Place - 110 Rooms8. Super 8 - 115 Rooms9. Courtyard - 122 Rooms10. Townplace Suites - 86 Rooms

MAJOR OFFICE BLDGS±3.8 MSF (3 Miles; Source: CoStar)

1. Atrium of Westlake - 60,000 SF2. Crocker Park - 772,376 SF3. Gemini I & II - 148,4984. Crocker Corporate Center - 63,251 SF5. LaCentre Offi ce Plaza - 139,805 SF6. King James South - 274,947 SF7. Point 5 & 6 - 188,758 SF

TRADE AREA INFO Detroit Road & Crocker Road(3 Miles)

• Population: 54,727• Daytime Population: 61,551• Total Households: 22,076• Average HH Income: $122,542• Total Businesses: 2,160• Total Employees: 38,184

MAJOR EMPLOYERS

1. Highland Software - 1.7742. St. John Medical Ctr - +1,4803. American Greetings - 1,4034. Scott Fetzer Co - 1,3185. Travel Centers of America - 420

6

2

3

4

5

1

7

TRADE AREA INFODetroit Road & Crocker Road (3 Miles)• Population: 55,119• Daytime Population: 55,959• Average HH Income: $115,747 • Total Businesses: 2,162• Total Employees: 35,506

MAJOR OFFICE BLDGS±3.8 MSF (3 Miles; Source: CoStar)1. Atrium of Westlake - 60,000 SF2. Crocker Park - 772,376 SF3. Gemini I & II - 148,4984. Crocker Corporate Center - 63,251 SF5. LaCentre Office Plaza - 139,805 SF6. King James South - 274,947 SF7. Point 5 & 6 - 188,758 SF

MAJOR EMPLOYERS1. Highland Software - 1.665 employees2. American Greetings - 1,564 employees3. Scott Fetzer Co - 1,358 employees4. St. John Medical Center - +1,200 employees5. Nordson Corp - 716 employees

HOTELS10 Hotels/1,190 Rooms1. Holiday Inn Express - 91 Rooms2. Extended Stay America - 73 Rooms3. Sonesta ES Suites - 104 Rooms4. DoubleTree - 269 Rooms5. Red Roof Inn - 98 Rooms6. Hampton Inn - 122 Rooms

7. Hyatt Place - 110 Rooms8. Super 8 - 115 Rooms9. Courtyard - 122 Rooms10. Townplace Suites - 86 Rooms

SITE

Page 5: FORMER PNC BANK€¦ · HOTELS 10 Hotels/1,190 Rooms 1. Holiday Inn Express - 91 Rooms 2. Extended Stay America - 73 Rooms 3. Sonesta ES Suites - 104 Rooms 4. DoubleTree - 269 Rooms

Joseph W. KhouriFirst Vice President216 658 [email protected]

Kevin MossSenior Associate216 363 [email protected]

© 2019 CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. You should conduct a careful, independent investigation of the property and verify all information. Any reliance on this information is solely at your own risk. CBRE and the CBRE logo are service marks of CBRE, Inc. All other marks displayed on this document are the property of their respective owners, and the use of such logos does not imply any affiliation with or endorsement of CBRE. Photos herein are the property of their respective owners. Use of these images without the express written consent of the owner is prohibited.

D E M O G R A P H I C S

CONTACT US

1 Mile Radius 3 Mile Radius 5 Mile Radius

2019 Population - Current Year Estimate 7,016 66,170 152,747

2024 Population - Five Year Projection 6,915 65,482 151,368

2019 Daytime Population 11,071 71,105 149,174

2019 Households - Current Year Estimate 2,993 28,853 66,359

2019 Average Household Income $108,909 $105,919 $98,230

2024 Average Household Income Projection $123,529 $119,347 $111,306

2019 Median Household Income $84,443 $76,528 $70,393

2019 Per Capita Income $45,258 $45,915 $42,906

2019 Population 25 and Over 5,114 48,938 111,418