Multi-Tenant Retail Strip
For Sale
Contact for pricing
1615-1625 W River Rd N, Elyria, OH 44035
Fully occupied retail property with four established occupants and extended lease commitments.
Property Size8,240 SF
Days on Market142
Property Features for 1615-1625 W River Rd N
General Information
Standard status
Active
Size
8,240 SF
Property subtype
Retail
Occupancy
100%
Additional Details
Anchor Co-Tenants
Chipotle, Verizon
Building Details
Tenancy
Multi
Listing Agency:
JLL Chicago | Americas Headquarters
Listed By:
Alex Sharrin · License #IL 475.170243
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 29 at 8:01PM
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 JLL Chicago | Americas Headquarters
Investment Insights
Based on property information with market context.
The fee-simple interest includes an 8,240 SF multi-tenant retail strip center occupied by Chipotle, Verizon, Vanity Nails, and a Huntington Bank ATM. Verizon has operated at the property since 2001, while Chipotle has been in place since 2008. Each of the four occupants has exercised an initial lease extension option.
The property is positioned in a retail corridor between the Ohio Turnpike and I-90, with the surrounding area drawing over 70K vehicles daily. Across the street, Midway Mall is undergoing redevelopment into a healthcare and light industrial park totaling 900K SF, including a 50K SF Cleveland Clinic office that is pre-leased.
The property is positioned in a retail corridor between the Ohio Turnpike and I-90, with the surrounding area drawing over 70K vehicles daily. Across the street, Midway Mall is undergoing redevelopment into a healthcare and light industrial park totaling 900K SF, including a 50K SF Cleveland Clinic office that is pre-leased.
Key Highlights
- 8,240 SF multi‑tenant retail strip center
- 100% occupied by Chipotle, Verizon, Vanity Nails, and a Huntington Bank ATM
- Verizon has operated at the property since 2001; Chipotle since 2008
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
397
Businesses Nearby
209k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 54%
Shops & Services 23%
Groceries 11%
Apparel 6%
Marc's
Groceries
22,641 visits/mo
0.4 miles
McDonald's
Dining
22,335 visits/mo
0.1 miles
Olive Garden
Dining
17,334 visits/mo
0.1 miles
Chipotle Mexican Grill
Dining
14,258 visits/mo
0.2 miles
Applebee's
Dining
13,893 visits/mo
0.3 miles
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 Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Strip mall - Fully occupied retail property with four established occupants and extended lease commitments.
Where is this strip mall located?
The property is located at 1615-1625 W River Rd N Elyria, OH.
What are key features of this property?
This property features: 8,240 SF multi‑tenant retail strip center; 100% occupied by Chipotle, Verizon, Vanity Nails, and a Huntington Bank ATM; Verizon has operated at the property since 2001; Chipotle since 2008
