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Retail Space in Neighborhood Plaza
For Lease
$15.50 SF/Yr Modified Gross

1947 W Market St, Akron, OH 44313

Open-plan suite within a multi-tenant plaza with pylon signage and nearby dining, retail, pharmacy, and recreation amenities.

Space SizeContact for details
Property Size20,452 SF
Days on Market419

Property Features for 1947 W Market St

General Information

Standard status Active
Size 20,452 SF
Property subtype Retail
Lease Type Modified Gross
Lease Term Modified Gross

Site & Location

Pylon Signage Yes
Anchor Co-Tenants Niko Sandwich Board, South Point Tavern, Vintage Clothing, Mercedes

Amenities

Starbucks
CVS
Taco Bell
Ken Stewarts Grille
Sand Run Park

Building Details

Building Size 20,452 SF
Tenancy Multi
Listing Agency: Hoff & Leigh Fairlawn
Listed By: Jennifer Fernandez, CCIM, SIOR · License #SAL.0000430116
Source: Hoffleigh
Added: Jul 9, 2025 Changed: Aug 30 Last Checked: Aug 31 at 12:37PM

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 Hoff & Leigh Fairlawn

Investment Insights

Based on property information with market context.

Suite 106 is the remaining retail space in a multi-tenant neighborhood plaza at 1947 W Market St in Akron. The suite offers an open, adaptable layout that can accommodate a range of retail or commercial uses. The property comprises 20,452 square feet and includes West Market pylon signage.

The plaza is surrounded by established businesses and nearby amenities, including Niko Sandwich Board, South Point Tavern, Vintage Clothing, Mercedes, Starbucks, CVS, Taco Bell, Ken Stewart’s Grille, and Sand Run Park. Long-term tenants are already part of the center, providing an established commercial setting for the available suite.

Key Highlights

  • Suite #106 with an open, adaptable floor plan
  • 20,452‑square‑foot multi‑tenant plaza
  • West Market pylon signage

Property Analytics

Current Use

Niko's Sandwich Board Take-out & Catering Awesome Sauce Vapor ... (Bike/Boat/Book/etc) Store Mercedes Neighborhood Tavern Bar & Pub Xclusive Lashes Hair Salon Rich Griggs Tattoo & Piercing Shop

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Auto Repair Shop Kitchen & Bath Showroom Parking Lot & Garage

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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$2.32 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

665
Businesses Nearby
218k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 36% Groceries 32% Dining 26% Superstores 5%
Acme Fresh Market Groceries
43,408 visits/mo 0.2 miles
Whole Foods Market Groceries
25,512 visits/mo 0.4 miles
Gabe's Shops & Services
24,589 visits/mo 0.2 miles
Starbucks Dining
17,756 visits/mo 0.1 miles
Circle K Shops & Services
17,617 visits/mo 0.5 miles

Demographics for 44313, OH

25,678
Population
14,054
Households
1.8
Avg Household Size
41
Median Age
50%
College-Educated
97%
High-School Grad
13.5 sq mi
ZIP Area
1,902
Density / Sq Mi
$76,404
Median Household Income
$46,882
Median Earnings
$1,041
Median Rent
$216,200
Median Home Value

Market

Lease Benchmarks for Akron, OH

$12.32 /SF/Yr
Avg Asking Price
$10.71–$15.5 /SF/Yr
Price Range
7,963 SF
Avg Space Size

This space is priced 26% above the average of $12.32 /SF/Yr.

Vacancy Rate% for Retail in Akron, OH

5.3% 2020
5.3% 2021
4.5% 2022
4.2% 2023
5.4% 2024
6.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Open-plan suite within a multi-tenant plaza with pylon signage and nearby dining, retail, pharmacy, and recreation amenities.
Where is this retail space located?
The property is located at 1947 W Market St Akron, OH.
What is the lease rate?
The lease rate is $15.50 SF/Yr.
What are key features of this property?
This property features: Suite #106 with an open, adaptable floor plan; 20,452‑square‑foot multi‑tenant plaza; West Market pylon signage
More about this property
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