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

Retail space in a shopping center anchored by Lowe’s, Staples, Ashley Homestore, and Walmart.

Property Size3,602 SF
Days on Market2453

Property Features for 5500 Milan Rd

General Information

Standard status Active
Size 3,602 SF
Property subtype RETAIL
Listing Agency: Arnold J. Eisenberg, Inc.
Listed By: Steve Eisenberg
Source: Moodyscre
Added: Nov 12, 2019 Changed: Jul 31 Last Checked: Jul 31 at 4:10PM

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 3,602-square-foot retail space is located within Park Place Shopping, a shopping center anchored by Lowe’s, Staples, and Ashley Homestore, with Walmart as a shadow anchor. The property is positioned along Milan Rd., Sandusky’s primary retail corridor, which carries traffic counts of over 30,000 vehicles per day.

Sandusky serves as a super-regional trade area halfway between Toledo and Cleveland, with nearly 250,000 people within a 30-minute radius. The market also draws more than 11 million annual visitors to Cedar Point and the Kalahari and Great Wolf Lodge indoor waterparks.

Key Highlights

  • 3,602‑square‑foot retail space at Park Place Shopping
  • Anchored by Lowe’s, Staples, and Ashley Homestore
  • Shadow anchored by Walmart

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
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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 - Retail space in a shopping center anchored by Lowe’s, Staples, Ashley Homestore, and Walmart.
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: 3,602‑square‑foot retail space at Park Place Shopping; Anchored by Lowe’s, Staples, and Ashley Homestore; Shadow anchored by Walmart
(216) 831-6773 Call to check price and availability
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