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Freestanding Drugstore with Signalized Access
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For Lease
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267 North Main Street, Wellington, OH 44090

The former Rite Aid site offers a substantial retail footprint and on-site parking in Wellington.

Space Size11,404 SF
Lot Size2.08 Acres
Days on Market5

Property Features for 267 North Main Street

General Information

Standard status Active
Size 11,404 SF
Net Rentable 11,404 SF
Total Parking Spaces 52
Lot size 2.08 Acres
Property subtype Retail

Space & Availability

Available Space 11,404 SF
Contiguous Space 11,404 SF
Space Use Retail

Additional Details

Traffic Count 11,000 vehicles/day

Building Details

Building Size 11,404 SF
Tenancy Single
Listing Agency: CBRE | Cleveland
Listed By: Kevin Moss · License #SAL.2015001299
Source: Cbre
Added: Oct 2 Changed: Oct 3 Last Checked: Oct 5 at 5:59PM

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 CBRE | Cleveland

Investment Insights

Based on property information with market context.

This freestanding former Rite Aid totals 11,404 square feet on a 2.08-acre parcel. The property has 52 parking spaces and a signalized access point, with flexible zoning noted for the site. Its scale and existing retail configuration provide a substantial presence on North Main Street in Wellington.

Main Street carries over 11k vehicles per day, and the property is positioned among area retailers that include Tractor Supply, Discount Drug Mart, O’Reilly Auto Parts, AutoZone, McDonald’s, and Burger King. Wellington is 20 miles from downtown Elyria to the north and downtown Medina to the east; Akron and Cleveland are each described as a 50-minute drive. The Lorain County Fairgrounds, identified as Ohio’s second-largest county fair, is also in Wellington.

Key Highlights

  • 11,404 SF freestanding retail building
  • 2.08 AC site with 52 parking spaces
  • Signalized access on North Main Street

Property Analytics

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Current Use

Drug stores

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Law Firm Daycare Center Cafe & Coffee Shop Gym & Fitness Center

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

11,000 VPD
Traffic count
Single-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

291
Businesses Nearby
Under-served
Demand for This Use

Demographics for 44090, OH

11,085
Population
4,241
Households
2.6
Avg Household Size
46
Median Age
26%
College-Educated
92%
High-School Grad
100.8 sq mi
ZIP Area
110
Density / Sq Mi
$78,318
Median Household Income
$44,337
Median Earnings
$794
Median Rent
$229,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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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Similar Off Market Nearby

  • Margaret Case — 267 N Main St, Wellington, OH 440901045
  • Rite Aid Pharmacy — 267 N Main St, Wellington, OH 44090

Frequently Asked Questions

What type of property is this?
Drug store - The former Rite Aid site offers a substantial retail footprint and on-site parking in Wellington.
Where is this drug store located?
The property is located at 267 North Main Street Wellington, OH.
What are key features of this property?
This property features: 11,404 SF freestanding retail building; 2.08 AC site with 52 parking spaces; Signalized access on North Main Street
More about this property
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