Childtime | Recent 10-Year Lease Extension |… — Sale in Fairlawn, OH
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Fairlawn, OH 44333
Photos




Investment Figures
- Cap rate
- 7.00%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
Marcus & Millichap is pleased to present the Childtime located in Fairlawn, OH (Akron MSA). Investment Highlights: • Recent 10 Year Extension with 31 Plus Year Operating History • The #2 Corporate Operator in the Country – 1,150 Plus Locations • $485,000 of Committed Tenant Improvements Coming to the Property • Over $64 Million Spent on Education and Daycare in a Five-Mile Radius
Market Context
This retail in Fairlawn, OH is listed for sale. It is offered at an approximate 7.0% capitalization rate, a key benchmark for income-producing retail assets. Compare it against other retail listings for sale in Fairlawn, OH — view the full market.
As of Q1 2026, the Cleveland retail market showed a 5.1% vacancy rate, average asking rents near $16.10/SF/yr, rents up 0.7% year over year, and cap rates around 8.8%. Source: Matthews Q1 2026 market report.
Its 7.0% asking cap rate is below the Cleveland retail market average of about 8.8%, reflecting premium pricing relative to comparable assets. Rising rents point to a competitive market where well-priced, well-located assets trade quickly.
Retail market FAQ
- What is the typical cap rate for retail in Cleveland?
- About 8.8% as of Q1 2026, per Matthews.
- Is the Cleveland retail market tightening or softening?
- Vacancy is around 5.1%, with asking rents rising year over year (Q1 2026).
Contact
- Dominic Sulo · (630) 570-2171 · dsulo@marcusmillichap.com
- Michael Glass · (216) 264-2000
- Dean Giannakopoulos · (312) 327-5423 · dean.giannakopoulos@marcusmillichap.com
Explore this market
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