BOUTIQUE INVESTMENT ADVISORY
SOLD
Hilltop Plaza Richmond Heights OH
5190 Wilson Mills Road
Richmond Heights, OH
44143
Hilltop Plaza is a 174,000 square foot grocery anchored shopping center located on the south side of Wilson Mills Road in Richmond Heights, Ohio. The anchor tenant, Tops Supermarkets, which is one of the world's leading grocers, occupies 55,344 square feet (32% of GLA). Their current lease will expire in 2013, at which point, successive five year option periods totaling an additional 40 years commence. Other notable tenants include US Bank, Hometown Buffet, Blockbuster, Dollar Tree and Sherwin Williams. Located directly across from Hilltop Plaza, on the north side of the street, is Richmond Town Square, a $100 million Simon Property Group Mall. Richmond Town Square, Built in 1966, and recently renovated, has over 1 million square feet of retail space anchored by JC Penney's, Barnes & Noble, Kaufmann's and Sears. Hilltop Plaza gives investors the opportunity to acquire a stable, well-positioned asset in the very desirable city of Cleveland, Ohio.
$24,050,000
Building Size
171,000 sf
Deal Type
Shopping Center