Bank Property with Two
For Lease
$14,583/Mo NNN
15111-15121 Detroit Avenue, Lakewood, OH 44107
CommercialLease, Lakewood, OH
Space SizeContact for details
Lot Size0.59 Acres
Days on Market227
Property Features for 15111-15121 Detroit Avenue
General Information
Property type
Commercial Lease
Property subtype
Retail
Parking features
Parking Lot
Subdivision
Lakewood
Elementary school district
Lakewood CSD (Cuyahoga)- 1817
Middle school district
Lakewood CSD (Cuyahoga)- 1817
High school district
Lakewood CSD (Cuyahoga)- 1817
Directions
Just West of Warren Road.
Standard status
Active
APN
314-01-004
Lot size
0.59 Acres
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Water source
Public
Building Details
Year built
1998
Floors in Building
1
Listing Agency:
Realty Professionals, Inc.
(440) 835-0272
Listed By:
Tony Kazanas · License #286930
(216) 469-6737
Added: Jan 27
Changed: Aug 19
Last Checked: Sep 11 at 12:06AM
MLS# 5183835
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Investment Insights
Based on property information with market context.
The offering includes two commercial buildings at 15111-15121 Detroit Avenue, with the existing configuration associated with a bank branch use. Improvements date to 1998 and include forced-air heating, a parking lot, public water, and public sewer. Drawings are available for a 200-foot vehicle-stacking arrangement and a pre-order lane, supporting evaluation of alternative quick-service restaurant or medical applications.
The property sits 80 feet from the Detroit Avenue traffic-light intersection in Lakewood, Ohio, next to Starbucks. The site contains 0.5909 acres and is positioned along Detroit Avenue. Current leases remain in effect through August 2028. A triple-net lease structure is available, with a 10% increase after 5 years, and the offering seeks a 15-year lease.
The property sits 80 feet from the Detroit Avenue traffic-light intersection in Lakewood, Ohio, next to Starbucks. The site contains 0.5909 acres and is positioned along Detroit Avenue. Current leases remain in effect through August 2028. A triple-net lease structure is available, with a 10% increase after 5 years, and the offering seeks a 15-year lease.
Key Highlights
- Two commercial buildings included at 15111‑15121 Detroit Avenue
- 0.5909‑acre site with parking lot
- Existing bank branch configuration
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,626
Businesses Nearby
Explore this area
Business Placement
Demographics for 44107, OH
51,109
Population
29,101
Households
1.8
Avg Household Size
36
Median Age
54%
College-Educated
95%
High-School Grad
5.4 sq mi
ZIP Area
9,465
Density / Sq Mi
$65,778
Median Household Income
$49,285
Median Earnings
$1,011
Median Rent
$241,400
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Bank - Commercial configuration includes parking, public utilities, and documented options for quick-service restaurant or medical use.
Where is this bank located?
The property is located at 15111-15121 Detroit Avenue Lakewood, OH.
What is the lease rate?
The lease rate is $14,583/Mo.
What are key features of this property?
This property features: Two commercial buildings included at 15111‑15121 Detroit Avenue; 0.5909‑acre site with parking lot; Existing bank branch configuration
