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Lorain Industrial Redevelopment Opportunity
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7451 Terminal Dr, Lorain, OH

81,640 SF industrial building on 38.3 acres for lease.

Space Size81,640 SF
Lot Size36.80 Acres
Days on Market468

Property Features for 7451 Terminal Dr

General Information

Standard status Active
Size 81,640 SF
Lot size 36.80 Acres
Property subtype INDUSTRIAL

Spaces For Lease

at 7451 Terminal Dr Contact us

7451 Terminal Drive $3.99/SF/Yr

Floor
Bldg
Size
81,640 SF
Type
INDUSTRIAL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
Sitting on 38.3 acres right off Baumhart Road, 7451 Terminal Drive is an excellent...
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Listing Agency: CBRE | Cleveland
Listed By: Mike Petrigan, SIOR
Source: Moodyscre
Added: Apr 29, 2025 Changed: Aug 8 Last Checked: Aug 8 at 5:03AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE | Cleveland

Investment Insights

Based on property information with market context.

Located off Baumhart Road, 7451 Terminal Drive is an industrial site available for lease or sale, suitable for redevelopment. The property includes an 81,640-square-foot industrial building, originally built as a truck terminal in 1958. The building features 2 docks, 6 drive-in doors, and an 18-foot clear height. Office space within the building totals 9,360 square feet. The site encompasses 38.3 acres of land with 664 feet of frontage on Baumhart Road. The property is zoned for heavy industrial use (I-2) and is part of the City of Lorain’s Community Reinvestment Area (Area 4). The location provides access to major routes, situated 1.2 miles from Route 2 and 3.6 miles from I-90 via Baumhart Road. It is located between Cleveland (40 minutes) and Toledo (1 hour and 15 minutes).

Key Highlights

  • 38.3 acres of land zoned for Heavy Industrial (I‑2)
  • Excellent location with 664’ of frontage on Baumhart Road, close to Route 2 and I‑90
  • 81,640 SF industrial building suitable for redevelopment

Property Analytics

Current Use

Storage Rak Storage Facility

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Big Box & Wholesale Store Spa & Massage Center 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

Location Intelligence

Trade Area within ½ mile

43
Businesses Nearby

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Truck terminal - 81,640 SF industrial building on 38.3 acres for lease.
Where is this truck terminal located?
The property is located at 7451 Terminal Dr Lorain, OH.
What are key features of this property?
This property features: 38.3 acres of land zoned for Heavy Industrial (I‑2); Excellent location with 664’ of frontage on Baumhart Road, close to Route 2 and I‑90; 81,640 SF industrial building suitable for redevelopment
(216) 363-6435 Call to check price and availability
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