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WESTWOOD COMMONS PHASE 2

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<strong>WESTWOOD</strong> <strong>COMMONS</strong><br />

<strong>PHASE</strong> 2<br />

FOR LEASE NEW RETAIL DEVELOPMENT<br />

PEARL NEW ROAD RETAIL AND <strong>WESTWOOD</strong> DEVELOPMENT DRIVE | STRONGSVILLE, - UP OHIO TO 44136 4,935 SF (DIVISIBLE)<br />

PEARL ROAD AND <strong>WESTWOOD</strong> DRIVE | STRONGSVILLE, OHIO 44136<br />

<strong>WESTWOOD</strong> <strong>COMMONS</strong> TWO - RENDERING CONCEPT<br />

FOR MORE<br />

INFORMATION,<br />

CONTACT:<br />

Joseph Khouri<br />

First Vice President<br />

+1 216 658 6120<br />

joseph.khouri@cbre.com<br />

CBRE, Inc.<br />

950 Main Avenue<br />

Suite 200<br />

Cleveland, OH 44113<br />

DEVELOPMENT HIGHLIGHTS<br />

• Join Cleveland’s favorite Mitchell’s Homemade Ice Cream, Hot Head<br />

Burritos, River Dog Cafe, Skin Deep Laser Spa in Phase I and Phase II with<br />

<strong>WESTWOOD</strong> <strong>COMMONS</strong> VIEW 1<br />

• Phase II will undergo a complete site and building renovation<br />

including parking lot and building exterior storefront and fascade.<br />

25001 EMERY RD, SUITE 400, CLEVELAND OH 44128 CATANZARITE INVESTMENT GROUP • STRONGSVILLE, OH • 07.30.15<br />

Tom + Chee, Pita Pit, Master Pizza and 4,935 SF available<br />

Architecture will match Phase I new costruction<br />

• Phase I lease commitments on 100% of Westwood Commons Phase I • Excellent Demographics<br />

• July 2016 Delivery • Signage available on highly coveted Pearl Road<br />

• Pearl Road and Westwood Drive. One block north of Route 82 & Route 42 • Traffic Count: 22,942 vehicles per day


<strong>WESTWOOD</strong> <strong>COMMONS</strong><br />

<strong>PHASE</strong> 2<br />

FOR LEASE NEW RETAIL DEVELOPMENT<br />

PEARL ROAD AND <strong>WESTWOOD</strong> DRIVE | STRONGSVILLE, OHIO 44136<br />

AERIAL<br />

All marks displayed on this document are the property of their respective owners.


<strong>WESTWOOD</strong> <strong>COMMONS</strong><br />

<strong>PHASE</strong> 2<br />

FOR LEASE NEW RETAIL DEVELOPMENT<br />

PEARL ROAD AND <strong>WESTWOOD</strong> DRIVE | STRONGSVILLE, OHIO 44136<br />

CONCEPT PLAN<br />

Available: Up to 4,935 SF can be divided<br />

AVAILABLE<br />

4,935 SF<br />

1<br />

2 3 4 5 6<br />

TBD<br />

Restaurants<br />

Skin Deep<br />

Laser Spa<br />

FOR MORE INFORMATION,<br />

PLEASE CONTACT:<br />

Joseph Khouri<br />

First Vice President<br />

+1 216 658 6120<br />

joseph.khouri@cbre.com<br />

CBRE, Inc. | 950 Main Avenue | Suite 200 | Cleveland, OH 44113 | www.cbre.com/cleveland


<strong>WESTWOOD</strong> <strong>COMMONS</strong><br />

<strong>PHASE</strong> 2<br />

FOR LEASE NEW RETAIL DEVELOPMENT<br />

PEARL ROAD AND <strong>WESTWOOD</strong> DRIVE | STRONGSVILLE, OHIO 44136<br />

<strong>PHASE</strong> 2 FOOTPRINT<br />

FOR MORE INFORMATION,<br />

PLEASE CONTACT:<br />

Joseph Khouri<br />

First Vice President<br />

+1 216 658 6120<br />

joseph.khouri@cbre.com<br />

CBRE, Inc. | 950 Main Avenue | Suite 200 | Cleveland, OH 44113 | www.cbre.com/cleveland


<strong>WESTWOOD</strong> <strong>COMMONS</strong><br />

Demographic Report<br />

<strong>PHASE</strong> 2<br />

FOR LEASE NEW RETAIL DEVELOPMENT<br />

PEARL ROAD AND <strong>WESTWOOD</strong> DRIVE | STRONGSVILLE, OHIO 44136<br />

DEMOGRAPHICS<br />

13601 Pearl Rd At<br />

18999 Westwood Dr<br />

1 mile radius<br />

13601 Pearl Rd At<br />

18999 Westwood Dr<br />

3 mile radius<br />

13601 Pearl Rd At<br />

18999 Westwood Dr<br />

5 mile radius<br />

2014 Estimated Population 5,999 47,322 135,508<br />

2019 Projected Population 5,906 47,409 135,599<br />

2010 Census Population 6,092 47,282 135,561<br />

2000 Census Population 6,372 46,111 130,332<br />

Growth 2010-2014 -1.53% 0.09% -0.04%<br />

Growth 2014-2019 -1.54% 0.18% 0.07%<br />

2014 Estimated Median Age 48.98 44.53 43.41<br />

2014 Estimated Average Age 46.65 42.23 41.86<br />

2014 Estimated Households 2,771 19,457 55,073<br />

2019 Projected Households 2,766 19,585 55,462<br />

2010 Census Households 2,768 19,350 54,614<br />

2000 Census Households 2,693 17,664 49,624<br />

Growth 2010-2014 0.13% 0.55% 0.84%<br />

Growth 2014-2019 -0.20% 0.66% 0.71%<br />

2014 Est. Average Household Size 2.08 2.42 2.39<br />

2014 Est. Median Household Income $55,682 $65,277 $59,883<br />

2019 Prj. Median Household Income $60,534 $70,012 $63,922<br />

2000 Cen. Median Household Income $54,245 $62,389 $57,354<br />

2014 Est. Average Household Income $73,007 $83,332 $74,851<br />

2014 Estimated Per Capita Income $33,725 $34,263 $30,421<br />

2014 Estimated Housing Units 2,978 20,611 58,379<br />

2014 Estimated Occupied Units 2,771 19,457 55,073<br />

2014 Estimated Vacant Units 206 1,154 3,305<br />

2014 Est. Owner Occupied Units 1,858 14,415 42,337<br />

2014 Est. Renter Occupied Units 913 5,042 12,737<br />

2014 Est. Median Housing Value $179,212 $188,880 $166,169<br />

2014 Est. Average Housing Value $206,115 $211,435 $184,017<br />

FOR MORE INFORMATION,<br />

PLEASE CONTACT:<br />

Joseph Khouri<br />

First Vice President<br />

+1 216 658 6120<br />

joseph.khouri@cbre.com<br />

© 2015 CBRE, Inc. 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<br />

on this document are the property of their respective owners. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty<br />

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<br />

your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. Licensed Real Estate Broker

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