Listing Agency: Hoff & Leigh Show Phone

Listed By: Jennifer Fernandez, CCIM, SIOR · License #SAL.0000430116 Show Phone

Source: Hoffleigh

Added: Jun 27, 2024 Changed: Sep 8 Last Checked: Oct 5 at 2:59PM

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Investment Insights

Based on property information with market context.

A 0.52 acre parcel of commercial land is available for long term ground lease. The property is located in central Munroe Falls and offers high visibility. The location is suitable for a small fast food restaurant such as a Taco Bell or Duncan Donuts, or a convenience store. McDonalds and Pizza Hut are located across the street, with Subway and Gionino’s Pizza in the adjacent plaza. An older building on the property would need to be torn down.

Key Highlights

• High visibility location in central Munroe Falls.
• Ideal for fast food restaurant or convenience store.
• Located on a .52 acre parcel.

Property Analytics

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Current Use

The Stow- Munroe barber ... Barber Shop Scherer Quality Construction Company Stow Roofing Roofing Company eNGines-LPG, LLC. (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Big Box & Wholesale Store Hair Salon Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

$7.53 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

218

Businesses Nearby

Explore this area Business Placement

Demographics for 44262, OH

5,020

Population

2,290

Households

2.2

Avg Household Size

47

Median Age

38%

College-Educated

95%

High-School Grad

2.7 sq mi

ZIP Area

1,859

Density / Sq Mi

$75,089

Median Household Income

$44,016

Median Earnings

$223,800

Median Home Value

Questions? Ask Rey

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What type of property is this? Where is this commercial land located? What is the lease rate? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Commercial land - 0.52 acre commercial land for lease in Munroe Falls.

Where is this commercial land located?

The property is located at 10 North Main Street Munroe Falls, OH.

What is the lease rate?

The lease rate is $50.19 SF/Yr.

What are key features of this property?

This property features: High visibility location in central Munroe Falls.; Ideal for fast food restaurant or convenience store.; Located on a .52 acre parcel.