Freestanding Former Drug Store
2853 Grove Ave, Lorain, OH 44055
For Lease
Contact for pricing
Freestanding former Rite Aid building on a high-traffic corner with 14,500+ VPD.
Space Size11,312 SF
Days on Market680
Property Features for 2853 Grove Ave
General Information
Standard status
Size
Net Rentable
Property subtype
Space & Availability
Available Space
Contiguous Space
Site & Location
Highway Access
Road Access
Building Details
Building Size
Spaces For Lease
at 2853 Grove Ave
2853 Grove Ave
AVAILABLE, Now
Floor
Bldg
Size
11,312 SF
Type
RETAIL
Rate
Contact for pricing
Sublease
No
- Freestanding 11,312 SF Former Rite Aid Building
- Over 14,500 VPD at the corner of Grove Ave & E 28th St
- Over 17,000 people live in a 2 mile radius
- Less than 3 miles away from I-90 and I-80
- Rite Aid historically had very strong sales
Contact us
Listing Agency:
Hanna Commercial Real Estate | Cleveland
(216) 861-7200
Listed By:
Vincenzo Calabrese · License #SAL.2020004495
(216) 861-5286
Source:
Moodyscre
Added: Dec 30, 2024
Changed: Nov 6
Last Checked: Nov 8 at 6:59AM
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 Hanna Commercial Real Estate | Cleveland
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Investment Insights
Based on property information with market context.
This freestanding former Rite Aid building offers 11,312 SF of retail space for an operator or tenant seeking a standalone footprint. The site is located at the corner of Grove Ave and E 28th St and benefits from over 14,500 VPD at the intersection.
The surrounding trade area includes more than 17,000 people living within a 2-mile radius. For regional access, I-90 and I-80 are both less than 3 miles away, supporting convenient travel for customers and employees.
The property’s freestanding configuration can support a wide range of neighborhood retail uses where visibility and direct access to a major intersection are priorities.
The surrounding trade area includes more than 17,000 people living within a 2-mile radius. For regional access, I-90 and I-80 are both less than 3 miles away, supporting convenient travel for customers and employees.
The property’s freestanding configuration can support a wide range of neighborhood retail uses where visibility and direct access to a major intersection are priorities.
Key Highlights
- Freestanding former Rite Aid building totaling 11,312 SF
- Over 14,500 VPD at Grove Ave and E 28th St
- More than 17,000 people within a 2‑mile radius
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
153
Businesses Nearby
14k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
BP
Shops & Services
9,901 visits/mo
0.2 miles
Sunoco
Shops & Services
3,742 visits/mo
0.0 miles
Demographics for 44055, OH
19,331
Population
9,258
Households
2.1
Avg Household Size
36
Median Age
10%
College-Educated
82%
High-School Grad
6.3 sq mi
ZIP Area
3,068
Density / Sq Mi
$36,603
Median Household Income
$30,631
Median Earnings
$848
Median Rent
$95,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Similar Off Market Nearby
- Rite Aid Pharmacy — 2853 Grove Ave, Lorain, OH 44055
- Neil Messerly, RPH — 2853 Grove Ave, Lorain, OH 44055
- Ashley J. Kenzik, PharmD — 2853 Grove Ave, Lorain, OH 44055, United States
Frequently Asked Questions
What type of property is this?
Drug store - Freestanding former Rite Aid building on a high-traffic corner with 14,500+ VPD.
Where is this drug store located?
The property is located at 2853 Grove Ave Lorain, OH.
What are key features of this property?
This property features: Freestanding former Rite Aid building totaling 11,312 SF; Over 14,500 VPD at Grove Ave and E 28th St; More than 17,000 people within a 2‑mile radius
