Listing Agency: SRS Real Estate Partners Newport Beach p***@srsre.com Show Phone

Listed By: Patrick R. Luther, CCIM · License #CA License No. 01912215

Source: Crexi

Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 5:18PM

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Investment Insights

Based on property information with market context.

This NNN property is identified with Advance Auto Parts and includes 7,000 square feet of retail space. The offering reflects a 6.25% capitalization rate and is located at 2025 Broadway in Lorain, Ohio 44052.

Key Highlights

• Advance Auto Parts retail property
• 7,000 SF of retail space
• 6.25% CAP

Property Analytics

Property Profile

Current Use

Advance Auto Parts Auto Parts Store UPS Access Point ... Courier Service

Suggested Use

Top Pick Real Estate Agency Restaurant Dental Office Building Supply Big Box & Wholesale Store Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

314

Businesses Nearby

10k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

AutoZone Shops & Services

3,981 visits/mo 0.3 miles

Advance Auto Parts Shops & Services

3,204 visits/mo 0.1 miles

Family Dollar Shops & Services

2,597 visits/mo 0.1 miles

Tuffy Tire & Auto Service Shops & Services

432 visits/mo 0.5 miles

Demographics for 44052, OH

29,249

Population

13,673

Households

2.1

Avg Household Size

37

Median Age

12%

College-Educated

83%

High-School Grad

9.5 sq mi

ZIP Area

3,079

Density / Sq Mi

$42,298

Median Household Income

$31,985

Median Earnings

$840

Median Rent

$104,000

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

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Frequently Asked Questions

What type of property is this?

NNN property - Retail asset associated with Advance Auto Parts and offered as an NNN property.

Where is this nnn property located?

The property is located at 2025 Broadway Lorain, OH.

What are key features of this property?

This property features: Advance Auto Parts retail property; 7,000 SF of retail space; 6.25% CAP