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Strip Mall Retail Space
For Lease
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3292 Elida Rd, Lima, OH 45807

Existing retail space and a ground-lease outparcel offer flexible commercial options near a major Lima retail anchor.

Space Size3,830 SF - 33,105 SF
Days on Market21

Property Features for 3292 Elida Rd

General Information

Standard status Active
Size 3,830 SF - 33,105 SF
Net Rentable 3,830 SF
Property subtype Retail - Strip

Space & Availability

Available Space 3,830 SF
Contiguous Space 3,830 SF
Space Use Retail

Site & Location

Corner Location Yes
Anchor Co-Tenants Meijer
Traffic Count 24,000 vehicles/day
Road Access Yes

Additional Details

Ground Lease Yes
Land Use retail

Building Details

Building Size 11,120 SF
Year Built 2010
Units 6
Tenancy Multi

Spaces For Lease

at 3292 Elida Rd Contact us

Suite 500

Size
3,830 SF
Type
Strip
Rate
Contact for pricing
Lease Type
NNN
Availability
Immediate
Sublease
No
Renewal Option
Yes
Contact us

Outparcel Opportunity

Size
33,105 SF
Type
Retail
Rate
Contact for pricing
Availability
Immediate
Sublease
No
Renewal Option
Yes
Contact us
Listing Agency: Black Gate Partners
Listed By: Tim Maly · License #2012003020
Source: Commercialcafe
Added: Aug 10 Changed: Aug 30 Last Checked: Aug 30 at 8:27PM

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 Black Gate Partners

Investment Insights

Based on property information with market context.

The 2010-built strip center includes 3,830 SF of available retail space. The property also offers a ground-lease outparcel of approximately .76 acres, with capacity for a building of up to approximately 2,500 SF and a potential drive-through configuration.

Located at the northeast corner near Eastown Road and Elida Road in Lima, the site fronts Elida Road and sits in front of Meijer. Combined traffic on Elida and Eastown Roads is reported at 24,000 VPD, providing a measurable access and exposure profile for retail users.

Key Highlights

  • 3,830 SF of retail space available in the strip center
  • Ground‑lease outparcel of +/- .76 acres
  • Outparcel can accommodate up to a +/-2,500 SF building

Property Analytics

Current Use

Aspen Dental - Lima, ... Dental Office Froning Geoffrey M ... Dental Office Tippi Reddy Surender ... Dental Office Yu Ming DDS Dental Office Jinbo Chung Dental Office

Suggested Use

Top Pick Law Firm HVAC Service Real Estate Agency Electrical Service Garden Center Grocery & Convenience 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

24,000 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

237
Businesses Nearby
411k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 32% Groceries 31% Home Improvements & Furnishings 25% Shops & Services 10%
Meijer Groceries
94,314 visits/mo 0.2 miles
Menards Home Improvements & Furnishings
45,124 visits/mo 0.4 miles
Lowe's Home Improvements & Furnishings
39,468 visits/mo 0.2 miles
Panda Express Dining
32,109 visits/mo 0.2 miles
Applebee's Dining
22,526 visits/mo 0.1 miles

Demographics for 45807, OH

11,856
Population
5,109
Households
2.3
Avg Household Size
45
Median Age
22%
College-Educated
96%
High-School Grad
75.4 sq mi
ZIP Area
157
Density / Sq Mi
$74,387
Median Household Income
$41,645
Median Earnings
$967
Median Rent
$192,800
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
Rey
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Frequently Asked Questions

What type of property is this?
Strip mall - Existing retail space and a ground-lease outparcel offer flexible commercial options near a major Lima retail anchor.
Where is this strip mall located?
The property is located at 3292 Elida Rd Lima, OH.
What are key features of this property?
This property features: 3,830 SF of retail space available in the strip center; Ground‑lease outparcel of +/- .76 acres; Outparcel can accommodate up to a +/-2,500 SF building
More about this property
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