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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 Crossing Cleveland Elyria Mentor, Ohio

Midway Crossing - Altus Commercial Real Estate Atlanta · 2019-03-19 · Midway Crossing: Site Plan Suite Sq.Ft. Tenant FS1 4,000 Verizon FS1A 1,840 Vanity Nail FS1B 2.400 Chipotle

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Page 1: Midway Crossing - Altus Commercial Real Estate Atlanta · 2019-03-19 · Midway Crossing: Site Plan Suite Sq.Ft. Tenant FS1 4,000 Verizon FS1A 1,840 Vanity Nail FS1B 2.400 Chipotle

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

Page 2: Midway Crossing - Altus Commercial Real Estate Atlanta · 2019-03-19 · Midway Crossing: Site Plan Suite Sq.Ft. Tenant FS1 4,000 Verizon FS1A 1,840 Vanity Nail FS1B 2.400 Chipotle

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

Page 3: Midway Crossing - Altus Commercial Real Estate Atlanta · 2019-03-19 · Midway Crossing: Site Plan Suite Sq.Ft. Tenant FS1 4,000 Verizon FS1A 1,840 Vanity Nail FS1B 2.400 Chipotle

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.

Page 4: Midway Crossing - Altus Commercial Real Estate Atlanta · 2019-03-19 · Midway Crossing: Site Plan Suite Sq.Ft. Tenant FS1 4,000 Verizon FS1A 1,840 Vanity Nail FS1B 2.400 Chipotle

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

Page 5: Midway Crossing - Altus Commercial Real Estate Atlanta · 2019-03-19 · Midway Crossing: Site Plan Suite Sq.Ft. Tenant FS1 4,000 Verizon FS1A 1,840 Vanity Nail FS1B 2.400 Chipotle

Midway Crossing: Renovation Plan

Rendering of the Proposed Renovation Plan