Former Red Lobster

Description:

The area is an affluent suburb with excellent city services, and a well-regarded school system. The area boasts metropolitan-caliber amenities and an economy that is both thriving and diverse.

It is home to many notable corporate headquarters such as Eaton Corporation, a diversified industrial manufacturer with annual sales of more than $11 billion. The area is also nationally recognized in the medical research and healthcare fields with the Cleveland Clinic and University Hospital both having branches. There is an array of recreation opportunities, attractive shopping destinations, and dining options both within city limits and the immediate surrounding neighborhoods for residents and employees.

This is a gateway community with immediate access to Interstate 480 and Interstate 271, and easily accessible to Interstate 90 and Interstate 77. Downtown Cleveland is a quick 10 miles away and Cleveland Hopkins International Airport is 22 miles (a 23 minute drive) as well as many rural and other urban destinations.

Former Freestanding Red Lobster for Sale

Positioned along area’s major retail and traffic corridor

Within 0.5 mi. of I-271 Interchanges

Adjacent to New 58-Acre Mixed Use Development | 145 Hotel Rooms | 87 Luxury Apartments | 400,000 SF of Retail |162,000 SD of Class-A office space

Across the street from new Porsche dealership currently under construction

19.1 miles/23 minute drive to Downtown Cleveland

Strong Demographics: Average household income over $143,000 within 1 mile

This former Red Lobster is situated on a large 2.26-acre parcel of land adjacent to Pinecrest, Cleveland’s newest mix-use district which includes some of the best national and emerging brands while also offering boutique hotels, contemporary apartments, Class-A office space, movies, shopping, and dining.
Strategically located along Orange Place and easily accessible from Interstate-271, the property benefits from great visibility, high traffics counts, and spill-over traffic from the area’s newest mix-use development, Pinecrest. Pinecrest is a new 58-acre mixed use district featuring over 145 boutique hotel rooms, 87 luxury apartments, 400,000 square feet of retail and dining, and 162,000 square feet of Class-A office space. The property is part of a dense corridor which is home to Hampton Inn & Suites, Fairfield Inn & Suites, Marriott, Beachwood Pediatrics, UH Minoff Health Center, and UH Ahuja Medical Center. It’s also home to a number of National and Regional retailers and will soon be joined by a new Porsche dealership and Restoration Hardware store.