It won’t be long until the Walmart on Mayfield Road becomes a large, vacant building in a prominent shopping district.
MAYFIELD HEIGHTS, Ohio — But every empty big-box store begs the same question. How long untilEven in the best circumstances it takes a considerable amount of time to fill large spaces with a new business or businesses. And in the worst cases, like some former Kmarts regionally or the former Walmart in Cleveland Heights, it can take years.
So what could happen in Mayfield Heights? Signs point to a shorter vacancy than long one, but nothing is certain.“We consider a number of factors, including current and projected financial performance, location, population and the proximity of other nearby stores when making these difficult decisions,” spokesperson Felicia McCranie said in an email.She said Walmart’s lease on the building expires in October.
“It’s a phenomenal location that’s for sure,” Mayfield Heights Mayor Anthony DiCicco said. “It’s a pretty prominent spot in our city too.” USA Management & Development, a Willoughby-based firm that owns the building, has already listed the building for lease on
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