MIDWAY MARKET SqUARE

Midway Market Square
Elyria, Ohio
Offering Summary
Shadow Anchor
Shadow Anchor
M
AY
Real Estate
Midway Market Square
Exclusive Advisor:
MAY REAL ESTATE LLC
1415 W. 22nd Street, Tower Floor
Oak Brook, IL 60523
630-990-7900
mayre.com
For further information contact:
John May
Chris LaBounty
o 630-990-7979
c 630-379-4500
[email protected]
o 630-990-7997
c 630-263-2603
[email protected]
M
AY
Real Estate
Midway Market Square
The mall has a historical and current occupancy of approximately 95%.
Offering and Highlights
May Center Advisors has been retained to sell the 100% fee simple
interest in Midway Market Square, Elyria, Lorain County, Ohio.
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Midway Market Square is a 224,330 square foot Giant Eagle anchored
community shopping center that is located in the heart of Cleveland’s
Elyria Regional Trade Zone.
The 86% occupied project also features Dick’s Sporting Goods, Jo-Ann
Fabrics & Crafts, Pet Supplies Plus, Nicole Kay’s, Texas Roadhouse and
Jamie’s Carpet Shop.
Home Depot and Target are shadow anchors. They are separately
owned and not part of the offering.
IHOP and Key Bank are on outlots. They are in the process of being
sold in a separate transaction. IHOP and Key Bank will not be a part
of the offering.
Elyria, Ohio is approximately 23 miles west of downtown Cleveland,
and is positioned along Interstate 80.
Midway Market Square is positioned immediately south of Midway
Mall (Madison Marquette), a 1.1 million square foot enclosed regional
mall (Macy’s, JCPenney, Sears and Best Buy). The subject property is
connected to the mall’s ring-road by Market Drive.
Giant Eagle has been at the center since its development in 2000; and
is experiencing excellent sales volumes.
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The project has significant upside through leasing of vacant space.
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Projected 2015 Net Operating Income
$1,739,052
M
AY
Real Estate
Midway Market Square
AREA Map
Regional Map
M
AY
Real Estate
Midway Market Square
SUBJECT AERIAL
M
AY
Real Estate
Midway Market Square
Leasing Plan
M
AY
Real Estate