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In-Line Retail Space
New
For Lease
$10 SF/Yr

1217 N Memorial Drive, Lancaster, OH 43130

High-ceiling retail space with dock access, signage, and on-site parking.

Space Size25,000 SF
Property Size145,032 SF
Days on Market6

Property Features for 1217 N Memorial Drive

General Information

Standard status Active
Size 25,000 SF
Net Rentable 25,000 SF
Property subtype Retail
Lease Term Gross

Space & Availability

Available Space 25,000 SF
Contiguous Space 25,000 SF
Space Use Retail
Sublease Yes

Site & Location

End Cap No
Pylon Signage Yes
Anchor Co-Tenants Michaels, Planet Fitness, The UPS Store, Ollie's Bargain Outlet, Family Dollar
Traffic Count 26,000 vehicles/day

Amenities

high ceilings
concrete floors
small office component
two dock doors
overhead roll-up door
building signage
pylon signage
signalized intersection
ample on-site parking

Building Details

Building Size 145,032 SF
Year Built 1960
Tenancy Multi

Spaces For Lease

at 1217 N Memorial Drive Contact us

Suite 1217 $10/SF/Yr

Size
25,000 SF
Type
Community Center
Term
Negotiable
Contact us
Listing Agency: NAI Ohio Equities
Listed By: Matt Gregory, SIOR, CCIM
Source: Ohioequities
Added: Aug 26 Changed: Aug 30 Last Checked: Aug 30 at 2:20PM

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 NAI Ohio Equities

Investment Insights

Based on property information with market context.

The sublease includes 25,000 SF of in-line retail space at 1217 N Memorial Drive, with high ceilings, concrete flooring, a small office area, two dock doors, and an overhead roll-up door. The configuration supports retail and commercial operations requiring both customer-facing space and service access. Building and pylon signage are available, and on-site parking is provided.

The property is positioned at a signalized intersection on N Memorial Drive, with approximately 26,000 vehicles per day. Co-tenants include Michaels, Planet Fitness, The UPS Store, Ollie’s Bargain Outlet, and Family Dollar. The sublease term expires 02/28/2031.

Key Highlights

  • 25,000 SF of in‑line retail space
  • Two dock doors plus an overhead roll‑up door
  • High ceilings and concrete floors with a small office component

Property Analytics

Current Use

Furniture with a Heart Charitable Organization

Suggested Use

Top Pick Law Firm HVAC Service Electrical Service Real Estate Agency Hair Salon Big Box & Wholesale Store

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

26,000 VPD
Traffic count
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$1.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

779
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

This space is priced 43% below the average of $17.63 /SF/Yr.

Vacancy Rate% for Retail in Midwest region

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

What type of property is this?
Retail space - High-ceiling retail space with dock access, signage, and on-site parking.
Where is this retail space located?
The property is located at 1217 N Memorial Drive Lancaster, OH.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: 25,000 SF of in‑line retail space; Two dock doors plus an overhead roll‑up door; High ceilings and concrete floors with a small office component
More about this property
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