Market Street Center- Fairlawn, OH

Established Retail Corridor: West Market St in Fairlawn is one of the top retail corridors in Northeast Ohio, with surrounding tenants such as Target, Giant Eagle, HomeGoods, Panera, Ashley Homestore, Walgreens, Marc’s Grocery, & The Summit Mall.
Strong Demographics: This asset benefits from being positioned in the heart of Fairlawn – a city with $100,000+ HH Income and over 100,000 population within a 5mi radius.
Long Term Passive Income: With recent options taken from both Summa Health and Third Federal on NNN leases, a new owner will be able to appreciate long term passive income from two extremely strong tenants through the next 5+ years and on.
High Traffic Position: West Market Street in Fairlawn sees over ±25,000 VPD, and is located less than 2mi from Highway 77.
High Credit Tenant Mix: Summa Health – an integrated healthcare delivery system in Northeast Ohio – is the largest employer in Summit County with over 7,000 employees. Summa Health specializes in advanced bariatric care, behavioral health, cancer care, cardiovascular, neurosciences, sports health, women’s health, and more.
High Credit Tenant Mix Cont’d: Third Federal Savings & Loan – is a major savings and loan association in the greater Cleveland area. While it is considered a “mid sized bank” it has strong operations all across the county, operating in over 25 states with 40+ branches. Third Federal currently holds the highest rating possible from Bauer Financial, which is a banking industry rating service located in Coral Gables. Third Federal is traded on the NASDAQ as TFSL.
Strong Business & Commercial Base: Fairlawn’s resident population swells to over ±40,000 daily workers and shoppers, with significant retail and office presence.
Strategic Location & Infrastructure: Fairlawn is well connected to several major highways like I-77 and State Route 18, with easy access to both Akron Canton Airport as well as Cleveland Hopkins International.

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Matt Wallace