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Retail Space at Shoppes
For Lease
$15 SF/Yr Modified Gross

2245 Fair Ave, Lancaster, OH 93130

retail space

Space Size1,850 SF - 4,500 SF
Days on Market139

Property Features for 2245 Fair Ave

General Information

Standard status Active
Property type Retail properties & Spaces
Size 1,850 SF - 4,500 SF
Class A
Total Parking Spaces 8
Elevators N/A
Lease Type Modified Gross
Lease Term 5+ Years
Rate Type Yearly

Building Details

Year Built 2014
Buildings 1
Stories 1
Listing Agency:
Listed By: David
Added: Apr 14

Investment Insights

Based on property information with market context.

The Shoppes at Fair and Ety offer a retail space of 4,500 square feet. The space is currently occupied by Fastenal and features very good sign exposure, including an electronic reader board. The property benefits from low common area expenses and a non-triple net lease structure. Numerous parking spaces are available, and the buildings are of high quality with high occupancy.

Property Analytics

Current Use

Fastenal Fulfillment Center Big Box & Wholesale Store

Suggested Use

Top Pick Pet Grooming Service Butcher (Bike/Boat/Book/etc) Store Tanning Salon Restaurant Pet Store

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

133
Businesses Nearby

Market

Lease Benchmarks for Lancaster, OH

$16.24 /SF/Yr
Avg Asking Price
$1.19–$21 /SF/Yr
Price Range
6,180 SF
Avg Space Size

This space is priced 8% below the average of $16.24 /SF/Yr.

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail property - retail space
Where is this retail property located?
The property is located at 2245 Fair Ave Lancaster, OH.
What is the lease rate?
The lease rate is $15 SF/Yr.
More about this property
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