Giant Eagle Sells Retail Center At 290 East Aurora Road In Northfield For $10.7M
290 East Aurora Road
$10,700,000
$170/SF
Building Size
62,747 SF
Asset Type
Retail
Closing
Jul 10, 2026
About this deal
AI
A retail asset located at 290 East Aurora Road in Northfield, OH, was sold by Giant Eagle for a sale price of $10,700,000. The property consists of a supermarket covering a total area of 62,747 square feet, which results in a price per square foot of $171.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $10,700,000
- Seller: Giant Eagle
- Sale Date: 07/10/2026
- Market: Northfield, OH
- Square Footage: 62,747
- Price per Square Foot: $171
The buyer of the shopping center has not been disclosed. This transaction occurred shortly after Kroger announced its $1.65 billion acquisition of Giant Eagle, although there is no indication that this sale is connected to the merger. The store will continue operations as usual.
Players
Northfield Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.48%
Cash-on-Cash
-0.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93