First National Realty Partners Acquires Grocery Center In South Euclid For $14.8M

The Marc’s Grocery Center, located at 4519 Mayfield Road in South Euclid, Ohio, encompasses 63,317 square feet of retail space on a 7.6-acre lot. The property was sold for $14.8 million, equating to a price per square foot of $234, and is currently 94% leased to tenants such as Marc’s Grocery, Starbucks, and AT&T.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $14,800,000
• Sale Date: 03/11/2026
• Asset Size: 63,317 SF
• Price Per Square Foot: $234
• Broker: Erin Patton - Institutional Property Advisors - Marcus & Millichap
• Buyer: First National Realty Partners
• Seller: DeVille Developments
• Market: South Euclid, OH
• Lot Size: 7.6 acres

Erin Patton from Institutional Property Advisors, a division of Marcus & Millichap, represented the transaction in this deal between the buyer, First National Realty Partners, and the seller, DeVille Developments, who previously redeveloped the property.