One a Russo's Stop-n-Shop, and then later a Giant Eagle, followed by Dave's Market, this building in Cleveland Heights may once again become a grocery store.Grocery Outlet Bargain Markets signed a lease for the former Dave’s Market space in the Cedar-Fairmount neighborhood. The building has been home to a grocery store for most of its 100-year history but has been vacantThe lease was signed at the end of September, according to documents filed with the Cuyahoga County Fiscal Office.
Typically, a retailer will open multiple stores when it first enters a market. Grocery Outlet, which has an owner-operator model, was advertising on its website that it was looking for more locations in Ohio. In June Cleveland Heights approved a $1 million incentive package to help put Grocery Outlet into the empty space. It included buying the Russo family’s 66-space parking lot between Grandview and Bellfield avenues for $660,000. The deal also calls for a $340,000 commercial development loan.Grocery Outlet has also signed a lease for about 26,000 square feet of what used to be a Bed, Bath & Beyond at Ridge Park Square in Brooklyn.
The chain has more than 460 stores in the U.S., but its only two Ohio stores are in Union Township, near Cincinnati, and in Boardman, near Youngstown.If you purchase a product or register for an account through a link on our site, we may receive compensation.
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