Contacts
Guggenheim Commercial Real Estate Group
Property Details
- Property Type Retail
- Property Size 110,532 SF
- Lot Size 11.36 Acre
- Cap Rate % 7.4
- NOI / YR $1,185,911.00
- Parking Spaces Avail. 635
- Parking Ratio 5.74 / 1,000 SF
- Property Tenancy Multi-Tenant
- Year Built 2004
- Year Renovated 2016
- Date Updated Apr 9, 2025
Guggenheim is proud to present the opportunity to acquire 7555-7705 Market Place Drive, Aurora, OH. This 110,532 SF, power center is on 11.36-acre property and is part of the super-regional center Marketplace at Four Corners. The development is on the main commercial corridor of Rt. 43 (Aurora Road) between the two very affluent communities of Aurora and Solon, Ohio and sits at the junction of Cuyahoga, Geauga, Portage and Summit counties. Marketplace at Four Corners is a 675,000 SF regional development and together with the neighboring Shops at Marketplace, are part of a vibrant retail ecosystem encompassing over 1.1 million SF which includes Walmart Supercenter, Target, Home Depot, Kohls, Marshalls, Michaels, HomeGoods, Dick’s, PetSmart and a variety of restaurants, driving consistent center traffic exceeding 6 million visits a year, per Sites USA. The subject asset is 100% occupied with national tenants, Dick’s Going, Going, Gone!, Ulta Beauty, Old Navy, Gabe’s, Torrid and Party City. This regional power center is supported with good access, strong demographics, a growing population of 245,477, average household incomes exceeding $138,000 within a 10- mile radius. Located equidistant between Cleveland and Akron (25 miles), visitors utilize a network of nearby highway arteries (I-480, I-80, I-271 and Rt. 422). Two signalized entrances and monument signs on Rt.43 provide excellent visibility and will soon share access across to the Geauga Lake District. This new mixed use master planned redevelopment of the former Geauga Lake Amusement Park (over 650 acres) will include retail (a new 175,000 SF Menards and a new 157,000 SF Meijer Supermarket scheduled to break ground in 2025), residential (over 700 new residential units of apartments and single family homes), office, senior housing, parks (City of Aurora purchased 48 acres along the lakefront to redevelop into a lake front park, pool, beach area and related amenities), and medical opportunities. The property provides an investor with an opportunity of stabilized income and future upside.
Reach out to the broker for more info on lease terms and amenities
Getting around
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43/100
Walk Score ®
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36/100
Bike Score ®
Location
- City Aurora, OH
- Zip Code 44202
- Market Cleveland Akron
Points of Interest
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Speedway
0.31 miles
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BP
0.56 miles
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Shell
2.91 miles
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GetGo
3.52 miles
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BP Solon
3.57 miles
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Get Go
3.58 miles
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Mobil
3.85 miles
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Sheetz
4.30 miles
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Tesla Supercharger
4.32 miles
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South-East Harley Davidson
8.25 miles
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Employee
4.35 miles
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Ambulance
4.39 miles
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Patient
4.39 miles
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Shelterhouse Parking Area
4.97 miles
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Horse Trailer Parking
5.32 miles
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Seneca Ponds Parking Lot
7.00 miles
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Sophomore and Junior Student Parking
7.52 miles
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Pinecrest Parking Garage
8.79 miles
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JACK Thistledown Racino Parking Garage
9.71 miles
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Subway
0.08 miles
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McDonald's
0.14 miles
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Samurai Japanese Steak House
0.18 miles
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Bob Evans
0.27 miles
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Chipotle
0.48 miles
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Buffalo Wild Wings
0.48 miles
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Paradise Indian Cuisine
0.51 miles
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Station 43 Tavern
0.70 miles
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El Camino
2.00 miles
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Marco's Pizza
2.76 miles
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Walmart Supercenter
0.27 miles
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Kohl's
0.27 miles
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Big Lots
0.29 miles
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Marshalls
0.29 miles
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ALDI
0.40 miles
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Target
0.44 miles
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Marc's
2.82 miles
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Heinen's
2.87 miles
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Giant Eagle
3.46 miles
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Sunny's Asian Food & Spices
3.85 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
Guggenheim Commercial Real Estate Group
