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Retail Space in Lancaster Corridor
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1203 N Memorial Dr, Lancaster, OH 43130

Up to 4,190 SF available for lease in Lancaster, OH.

Space Size1,200 SF - 32,670 SF
Lot Size0.75 Acres
Days on Market1260

Property Features for 1203 N Memorial Dr

General Information

Standard status Active
Size 1,200 SF - 32,670 SF
Lot size 0.75 Acres
Property subtype Retail

Building Details

Tenancy Multiple

Spaces For Lease

at 1203 N Memorial Dr Contact us

Former Hair Salon

Size
1,200 SF
Type
Retail
Availability
Active
Contact us

Outlot Available

Size
32,670 SF
Type
Retail
Availability
Active
Contact us

Unit 14

Size
14,340 SF
Type
Retail
Availability
Active
Contact us

Unit 2

Size
2,990 SF
Type
Retail
Availability
Active
Contact us
Listing Agency: Goodman Real Estate Services Group LLC
Listed By: Zack Sogoloff · License #OH SAL.0000436288
Source: Crexi
Added: Mar 21, 2023 Changed: Aug 15 Last Checked: Aug 29 at 8:05AM

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 Goodman Real Estate Services Group LLC

Investment Insights

Based on property information with market context.

Available for lease is up to 4,190 square feet of inline retail space, along with 0.75 acres available for ground lease. The property is located in Lancaster's prominent retail corridor, joining Planet Fitness, Michaels, Furniture Bank, Family Dollar, AutoZone, Rent-A-Center, and Ollie’s Bargain Outlet. Neighboring major retailers include Kroger, Target, T.J.Maxx, and HomeGoods, as well as the 52-acre River Valley Mall. The location is near the $30 million Fairfield Medical Center, which features 85,000 square feet of medical offices, outpatient, and emergency care services. Pylon signage is available.

Key Highlights

  • Up to 4,190 SF inline space available
  • 0.75 AC available for ground lease
  • Located in Lancaster’s prominent retail corridor

Property Analytics

Current Use

Planet Fitness Gym & Fitness Center

Suggested Use

Top Pick Law Firm Building Supply Real Estate Agency Big Box & Wholesale Store HVAC Service Electrical Service

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

620
Businesses Nearby

Demographics for 43130, OH

62,010
Population
26,434
Households
2.3
Avg Household Size
41
Median Age
23%
College-Educated
92%
High-School Grad
164.5 sq mi
ZIP Area
377
Density / Sq Mi
$68,242
Median Household Income
$43,936
Median Earnings
$1,031
Median Rent
$215,900
Median Home Value

Market

Lease Benchmarks for Lancaster, OH

$17.63 /SF/Yr
Avg Asking Price
$14–$21 /SF/Yr
Price Range
8,255 SF
Avg Space Size

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 - Up to 4,190 SF available for lease in Lancaster, OH.
Where is this retail space located?
The property is located at 1203 N Memorial Dr Lancaster, OH.
What are key features of this property?
This property features: Up to 4,190 SF inline space available; 0.75 AC available for ground lease; Located in Lancaster’s prominent retail corridor
More about this property
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