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OhioRetail

Marcus & Millichap negotiates sale of Tesla store in Cleveland MSA

April 8, 2022
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Marcus & Millichap closed the sale of a Tesla store and service center in Lyndhurst, Ohio. The property is 23,428 square feet and sold for $5.575 million.

The buyer, a Florida-based limited-liability company, was secured and represented by Dominic Sulo, senior vice president, and Andrew Antoniou, associate, in Marcus & Millichap’s Chicago Oak Brook office.

Michael Glass, Ohio broker of record, assisted in closing this transaction.

The Tesla store is located at 5180 Mayflower Road in Lyndhurt. The property is surrounded by a population of nearly 3 million within a 20-mile radius.

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