Search
Shopping Center Anchored by Lowe's
For Lease
Contact for pricing

5500 Milan Rd, Sandusky, OH 44870

Shopping center anchored by major retailers along Milan Rd, a high-traffic retail corridor in Sandusky.

Property Size5,300 SF
Days on Market1226

Property Features for 5500 Milan Rd

General Information

Standard status Active
Size 5,300 SF
Property subtype RETAIL
Listing Agency: Arnold J. Eisenberg, Inc.
Listed By: Steve Eisenberg
Source: Moodyscre
Added: Mar 24, 2023 Changed: Jul 30 Last Checked: Jul 30 at 7:32AM

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.

Park Place Shopping is a shopping center anchored by Lowe’s, Staples, Ashley Homestore, and shadow anchored by Walmart. The property is located at 5500 Milan Rd in Sandusky, OH 44870.

Sandusky is a super-regional trade area halfway between Toledo and Cleveland. The market draws nearly 250,000 people within a 30 minute radius, supported by regional visitation including Cedar Point and nearby indoor waterparks such as Kalahari and Great Wolf Lodge, which together draw over 11 million visitors annually. Milan Rd. is the main retail corridor in Sandusky with traffic counts of over 30,000 vehicles per day.

The shopping center’s footprint is 5,300 SF.

Key Highlights

  • Park Place Shopping anchored by Lowe’s, Staples, and Ashley Homestore, shadow anchored by Walmart
  • Milan Rd. is the main retail corridor with traffic counts over 30,000 vehicles per day
  • Nearly 250,000 people in a 30 minute radius

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
Well-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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Crossings of Sandusky — 911 Crossings Rd, Sandusky, OH 44870
  • Park Place Shopping Center — 5500 Milan Rd, Sandusky, OH 44870
  • Outback Plaza - Sandusky, OH — 4920 Milan Rd, Sandusky, OH 44870
  • Market Square - Sandusky, OH — 4917 Milan Rd, Sandusky, OH 44870
  • Park Place Shopping Center - Sandusky, OH — 5500 Milan Rd, Sandusky, OH 44870

Frequently Asked Questions

What type of property is this?
Shopping center - Shopping center anchored by major retailers along Milan Rd, a high-traffic retail corridor in Sandusky.
Where is this shopping center located?
The property is located at 5500 Milan Rd Sandusky, OH.
What are key features of this property?
This property features: Park Place Shopping anchored by Lowe’s, Staples, and Ashley Homestore, shadow anchored by Walmart; Milan Rd. is the main retail corridor with traffic counts over 30,000 vehicles per day; Nearly 250,000 people in a 30 minute radius
(216) 831-6773 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message