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Office Unit in Multi-Tenant Building
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445 Griswold Rd, Elyria, OH 44035

Office space in a shared commercial building with two leased units and access to multiple regional highways.

Space Size864 SF
Property Size2,592 SF
Days on Market1147

Property Features for 445 Griswold Rd

General Information

Standard status Active
Size 864 SF
Net Rentable 864 SF
Total Parking Spaces 16
Property subtype Office
Lease Type NNN

Space & Availability

Available Space 864 SF
Contiguous Space 864 SF
Space Use Office

Additional Details

Highway Access Yes

Building Details

Building Size 2,592 SF
Tenancy Multiple
Listing Agency: Logos Realty Company
Listed By: Bob Graham · License #OH
Source: Crexi
Added: Jul 11, 2023 Changed: Aug 30 Last Checked: Aug 30 at 4:21AM

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 Logos Realty Company

Investment Insights

Based on property information with market context.

This 864-square-foot office unit is part of a three-tenant commercial building, with two of the other units leased. The property is positioned for convenient regional access, with routes to I-90, SR 57, SR 2, and the Ohio Turnpike (I-80) available from the surrounding area.

A three-star day care facility is located next door. The property sits near the general center of Lorain County, which has a population exceeding 300,000.

Key Highlights

  • 864 SF office unit
  • Three‑tenant building with two leased units
  • 445 Griswold Rd, Elyria, OH 44035

Property Analytics

Current Use

The Cleaning Authority – West ... Hardware & Home Improvement Prezision Pro Carpet & Flooring Store Roto-Rooter Plumbing & Water ... Plumbing Service

Suggested Use

Top Pick Real Estate Agency Pharmacy Electrical Service Law Firm Skin Care Clinic Storage Facility

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

Yes
Highway access
NNN (Triple Net)
Lease Type
$1.77 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

187
Businesses Nearby

Demographics for 44035, OH

61,921
Population
29,637
Households
2.1
Avg Household Size
42
Median Age
17%
College-Educated
88%
High-School Grad
47.6 sq mi
ZIP Area
1,301
Density / Sq Mi
$54,362
Median Household Income
$38,493
Median Earnings
$871
Median Rent
$147,600
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Office space in a shared commercial building with two leased units and access to multiple regional highways.
Where is this office units located?
The property is located at 445 Griswold Rd Elyria, OH.
What is the lease rate?
The lease rate is $11.81 SF/Yr.
What are key features of this property?
This property features: 864 SF office unit; Three‑tenant building with two leased units; 445 Griswold Rd, Elyria, OH 44035
More about this property
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