Lima Strip
For Sale
$2,567,000
2151 Elida Rd, Lima, OH 45805
Retail property positioned along Elida Road in Lima, Ohio, with multiple commercial occupants identified in the property information.
Property Size14,200 SF
Price / SF$180.77
Days on Market110
Property Features for 2151 Elida Rd
General Information
Standard status
Active
Size
14,200 SF
Property subtype
Shopping Strip
Amenities
100 Percent Leased to a Diverse Tenant Profile - All Triple-Net Leases
All Leases Feature Regular Rental Increases with Multiple Renewal Options
Rare Curaleaf Holding Co Guaranty (Curaleaf, Inc.) | Largest Cannabis Company in the U.S.
Recent Remodel with Major Building and Site Improvements – Inquire With Broker
Signalized Intersection Access Creating Long Term Intrinsic Value
Across the Street from University of Northwestern Ohio (Over 2,600 Students) and Lima Mall
Daytime Population of More Than 70,000 Within a Five-Mile Radius
Located Along Lima's Primary Retail Corridor - Neighboring Tenants Include JCPenney, Michaels, T.J. Maxx, Kohl's, Hobby Lobby, Anytime Fitness, and More
Building Details
Building Size
14,200 SF
Year Built
1960
Tenancy
Multi
Listing Agency:
Marcus & Millichap - Phoenix
(614) 360-9805
Listed By:
Brennan Clegg · License #License(s): OH: SAL.2019001449, NE: 20220396
(614) 360-9805
Source:
Marcusmillichap
Added: May 14
Changed: Aug 30
Last Checked: Aug 31 at 1:00PM
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 Marcus & Millichap - Phoenix
Investment Insights
Based on property information with market context.
This strip mall at 2151 Elida Rd in Lima, Ohio, contains 14,200 square feet of commercial space. The property was constructed in 1960 and is identified with retail-oriented occupants and businesses associated with cannabis products, visual signage services, and food and nightlife uses.
Lima is located in Allen County and serves as a commercial and employment center for west-central Ohio. The city is described as having an estimated population of around 35,000 and sits approximately 75 miles north of Dayton and 90 miles south of Toledo.
Lima is located in Allen County and serves as a commercial and employment center for west-central Ohio. The city is described as having an estimated population of around 35,000 and sits approximately 75 miles north of Dayton and 90 miles south of Toledo.
Key Highlights
- 14,200‑square‑foot strip mall at 2151 Elida Rd, Lima, OH 45805
- Constructed in 1960
- Commercial location in Allen County, Ohio
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
517
Businesses Nearby
164k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 54%
Apparel 21%
Shops & Services 18%
Office Supplies 2%
Arby's
Dining
17,746 visits/mo
0.3 miles
Dunham's Sports
Apparel
17,617 visits/mo
0.2 miles
Panera Bread
Dining
16,836 visits/mo
0.2 miles
Runnings
Apparel
16,351 visits/mo
0.4 miles
Wendy's
Dining
11,593 visits/mo
0.2 miles
Demographics for 45805, OH
22,740
Population
10,560
Households
2.2
Avg Household Size
39
Median Age
24%
College-Educated
94%
High-School Grad
14.6 sq mi
ZIP Area
1,558
Density / Sq Mi
$65,954
Median Household Income
$37,126
Median Earnings
$944
Median Rent
$153,700
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 - Retail property positioned along Elida Road in Lima, Ohio, with multiple commercial occupants identified in the property information.
Where is this strip mall located?
The property is located at 2151 Elida Rd Lima, OH.
What is the asking price?
The asking price for this property is $2,567,000.
What are key features of this property?
This property features: 14,200‑square‑foot strip mall at 2151 Elida Rd, Lima, OH 45805; Constructed in 1960; Commercial location in Allen County, Ohio
