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Power Center Retail Space
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4020 Medina Rd, Akron, OH 44333

Retail space in Market Square at Montrose with direct Interstate 77 access and major retailers onsite.

Space Size24,044 SF
Days on Market98

Property Features for 4020 Medina Rd

General Information

Standard status Active
Size 24,044 SF
Property subtype RETAIL

Additional Details

Highway Access Yes

Spaces For Lease

at 4020 Medina Rd Contact us

4020 Medina Rd

Floor
1
Size
24,044 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Market Square at Montrose is a super-regional power center located in the Fairlawn...
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Listing Agency: Goodman Real Estate
Listed By: Zachary Sogoloff
Source: Moodyscre
Added: Jun 22 Changed: Sep 4 Last Checked: Sep 26 at 8:33AM

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 Goodman Real Estate

Investment Insights

Based on property information with market context.

Market Square at Montrose is a super-regional power center retail location with a tenant mix built around national and regional retailers. Space within the center is offered for lease in a multi-tenant environment designed to support shopping-focused uses.

The property is positioned directly off Interstate 77 at the Medina Road (SR 18) interchange, providing straightforward access for customer traffic. The center’s surrounding tenant roster includes JCPenney, The Home Depot, Dick’s Sporting Goods, Going Going Gone, and Cost Plus World Market, along with DXL and Staples. Additional retailers are noted as coming soon, including Burlington, Harbor Freight, and others.

This center setting can work well for retailers seeking visibility and established co-tenancy within a dedicated retail trade area serving customers from Summit County and parts of Medina and Cuyahoga counties. The location’s direct highway interchange access supports practical customer reach for everyday shopping needs, making it a compelling option for tenants that want to be positioned alongside recognized anchors.

Key Highlights

  • Super‑regional power center retail location in the Fairlawn retail trade area serving Northeast Ohio
  • Directly off Interstate 77 at the Medina Road (SR 18) interchange
  • Co‑tenants include JCPenney, The Home Depot, Dick's Sporting Goods, Cost Plus World Market, and Staples

Property Analytics

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Current Use

World Market Furniture & Home Goods

Suggested Use

Top Pick Storage Facility Grocery & Convenience Store Garden Center (Bike/Boat/Book/etc) Store HVAC Service Barber Shop

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

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,194
Businesses Nearby
1M
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 32% Shops & Services 24% Apparel 18% Groceries 12%
Chick-fil-A Dining
54,804 visits/mo 0.1 miles
T.J. Maxx Apparel
51,860 visits/mo 0.2 miles
Acme Fresh Market Groceries
48,020 visits/mo 0.1 miles
Giant Eagle Supermarket Groceries
44,394 visits/mo 0.5 miles
Barnes & Noble Shops & Services
42,115 visits/mo 0.1 miles

Demographics for 44333, OH

19,449
Population
8,598
Households
2.3
Avg Household Size
49
Median Age
64%
College-Educated
98%
High-School Grad
28.4 sq mi
ZIP Area
685
Density / Sq Mi
$119,313
Median Household Income
$63,920
Median Earnings
$1,232
Median Rent
$362,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Akron, OH

$14.81 /SF/Yr
Avg Asking Price
$11.72–$18 /SF/Yr
Price Range
8,952 SF
Avg Space Size

Vacancy Rate% for Retail in Akron, OH

5.3% 2020
5.3% 2021
4.5% 2022
4.2% 2023
5.4% 2024
6.4% 2025
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Similar Off Market Nearby

  • Market Square at Montrose — 4014 Medina Rd UNIT B, Akron, OH 44333
  • Rosemont Commons — 3750 W Market St, Fairlawn, OH 44333
  • Coinstar Kiosk | Bitcoin ATM — Giant Eagle, 3750 W Market St, Fairlawn, OH 44333
  • The Shops of Fairlawn — 3737 W Market St, Fairlawn, OH 44333
  • West Market Plaza Shopping Center — 3863-3899 Medina Rd, Fairlawn, OH 44333

Frequently Asked Questions

What type of property is this?
Shopping center - Retail space in Market Square at Montrose with direct Interstate 77 access and major retailers onsite.
Where is this shopping center located?
The property is located at 4020 Medina Rd Akron, OH.
What are key features of this property?
This property features: Super‑regional power center retail location in the Fairlawn retail trade area serving Northeast Ohio; Directly off Interstate 77 at the Medina Road (SR 18) interchange; Co‑tenants include JCPenney, The Home Depot, Dick's Sporting Goods, Cost Plus World Market, and Staples
(216) 381-8200 Call to check price and availability
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