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Retail Space in Shopping Center
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5500 Milan Rd, Sandusky, OH 44870

Available retail space at Park Place Shopping, anchored by Lowe’s and Staples with a shadow anchor Walmart.

Property Size2,012 SF
Days on Market2453

Property Features for 5500 Milan Rd

General Information

Standard status Active
Size 2,012 SF
Property subtype RETAIL
Listing Agency: Arnold J. Eisenberg, Inc.
Listed By: Steve Eisenberg
Source: Moodyscre
Added: Nov 12, 2019 Changed: Jul 29 Last Checked: Jul 30 at 10:34AM

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 Arnold J. Eisenberg, Inc.

Investment Insights

Based on property information with market context.

This for-lease retail space is located within Park Place Shopping, a shopping center anchored by Lowe’s and Staples and further supported by Ashley Homestore, with Walmart as a shadow anchor.

Milan Rd. is the primary retail corridor in Sandusky, with traffic counts reported at over 30,000 vehicles per day. The area benefits from a large regional draw, positioned as a super-regional trade area between Toledo and Cleveland, and cited as nearly 250,000 people within a 30-minute radius.

Sandusky also draws significant visitation tied to major attractions, including Cedar Point and indoor waterparks such as Kalahari and Great Wolf Lodge, with over 11 million visitors annually. The center’s tenant mix and corridor visibility support retail uses that benefit from consistent daytime traffic and destination draw.

Key Highlights

  • Retail space available at Park Place Shopping, anchored by Lowe’s and Staples
  • Park Place Shopping includes a shadow anchor Walmart
  • Milan Rd. main retail corridor has traffic counts over 30,000 vehicles per day

Property Analytics

Current Use

Indoor Lumber Yard Big Box & Wholesale Store Pelz Lettering Inc ... (Bike/Boat/Book/etc) Store American Driving School ... Training Center Installation Services General Contractor ATM Wal-mart Bank

Suggested Use

Top Pick Real Estate Agency Law Firm Auto Repair Shop HVAC Service Dental Office Auto Parts 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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

353
Businesses Nearby
270k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Superstores 36% Groceries 26% Dining 17% Home Improvements & Furnishings 11%
Walmart Superstores
96,813 visits/mo 0.1 miles
Meijer Groceries
70,190 visits/mo 0.5 miles
Raising Cane's Chicken Fingers Dining
38,043 visits/mo 0.2 miles
Lowe's Home Improvements & Furnishings
27,667 visits/mo 0.1 miles
Staples Office Supplies
12,321 visits/mo 0.1 miles

Demographics for 44870, OH

40,416
Population
19,991
Households
2
Avg Household Size
43
Median Age
25%
College-Educated
90%
High-School Grad
60.7 sq mi
ZIP Area
666
Density / Sq Mi
$58,797
Median Household Income
$36,056
Median Earnings
$863
Median Rent
$148,600
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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Similar Off Market Nearby

  • Wild by Nature Design — 600 Taylor Rd, Sandusky, OH 44870

Frequently Asked Questions

What type of property is this?
Storefront property - Available retail space at Park Place Shopping, anchored by Lowe’s and Staples with a shadow anchor Walmart.
Where is this storefront property located?
The property is located at 5500 Milan Rd Sandusky, OH.
What are key features of this property?
This property features: Retail space available at Park Place Shopping, anchored by Lowe’s and Staples; Park Place Shopping includes a shadow anchor Walmart; Milan Rd. main retail corridor has traffic counts over 30,000 vehicles per day
(216) 831-6773 Call to check price and availability
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