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Retail Opportunity in Mentor, Ohio
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8445-8449 Market St, Mentor, OH 44060

Retail space with expansion potential in a high-traffic location.

Space Size20,000 SF
Property Size123,910 SF
Days on Market287

Property Features for 8445-8449 Market St

General Information

Standard status Active
Size 20,000 SF
Property subtype Retail

Building Details

Building Size 123,910 SF

Spaces For Lease

at 8445-8449 Market St Contact us

6

Size
20,000 SF
Term
Negotiable
Rate
Contact for pricing
Contact us
Listed By: David Stein
Source: Passovgroup
Added: Nov 24, 2025 Changed: Sep 5 Last Checked: Sep 6 at 6:38AM

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 David Stein

Investment Insights

Based on property information with market context.

This retail opportunity features 43,227 square feet of space with the potential for expansion. Up to 15,000 to 18,000 square feet of allowable building expansion is available for ground lease or build-to-suit. The property is located on the northeast corridor of Center Street (SR 615) and Lakeland Freeway (SR 2), offering excellent highway visibility from SR 2 with over 60,000 vehicles per day. The surrounding area has strong demographics, including estimated median household incomes of over $85,000 within a three-mile radius. Mentor is ranked 6th in the state for retail sales volumes, making the city a regional shopping and dining destination.

Key Highlights

  • Excellent highway visibility from SR 2 with over 60,000 VPD
  • Big Box opportunity – 43,227 SF
  • Up to 15,000‑18,000 SF of allowable building expansion for ground lease or build‑to‑suit

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Restaurant Pharmacy Hair Salon Nail Salon Hotel & Motel Food Market

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

579
Businesses Nearby

Demographics for 44060, OH

60,360
Population
27,276
Households
2.2
Avg Household Size
47
Median Age
35%
College-Educated
96%
High-School Grad
39.9 sq mi
ZIP Area
1,513
Density / Sq Mi
$85,881
Median Household Income
$51,736
Median Earnings
$1,156
Median Rent
$227,200
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space with expansion potential in a high-traffic location.
Where is this retail space located?
The property is located at 8445-8449 Market St Mentor, OH.
What are key features of this property?
This property features: Excellent highway visibility from SR 2 with over 60,000 VPD; Big Box opportunity – **43,227 SF**; Up to 15,000‑18,000 SF of allowable building expansion for ground lease or build‑to‑suit
More about this property
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