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Freestanding Retail Building
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45 East Ave, Tallmadge, OH 44278

Freestanding retail property in C-3 General Commercial zoning with a former Rite Aid space on 2.23 acres.

Space Size17,352 SF
Days on Market211

Property Features for 45 East Ave

General Information

Standard status Active
Size 17,352 SF
Property subtype RETAIL

Spaces For Lease

at 45 East Ave
25 East Ave AVAILABLE, Now
Floor Bldg
Size 17,352 SF
Type RETAIL
Rate Contact for pricing
Sublease No
- Freestanding 17,352 SF Former Rite Aid on 2.23 AC for sale / for lease - Rare freestanding retail opportunity in the high barrier to entry Tallmadge market. Minutes from the new Brimfield retail development, including Meijer, Menards, Walmart, Lowes and more! - Zoning: C-3 General Commercial - Average household incomes of $75,759 in a 5 mile radius
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Listing Agency: CBRE | Cleveland
Listed By: Kevin Moss · License #SAL.2015001299
Source: Moodyscre
Added: Mar 30 Changed: Oct 14 Last Checked: Oct 24 at 4:19PM

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

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Investment Insights

Based on property information with market context.

This freestanding retail building totals 17,352 square feet and was previously operated as a Rite Aid. The offering is available for sale or for lease and sits on 2.23 acres.

The property is located in Tallmadge, Ohio at 25 East Ave. It is zoned C-3 General Commercial, supporting a range of retail uses. Public remarks also note it is minutes from a new Brimfield retail development that includes Meijer, Menards, Walmart, and Lowe’s.

With its freestanding configuration and commercial zoning, the building is well suited for an operator seeking a standalone retail presence within the Tallmadge trade area.

Key Highlights

  • Freestanding 17,352 SF former Rite Aid retail building
  • Set on 2.23 acres
  • C‑3 General Commercial zoning

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

higi Physician CDReload by Crypto ... Crypto Atm Rite Aid Pharmacy Rite Aid Photo (Bike/Boat/Book/etc) Store Western Union Bank

Suggested Use

Top Pick Law Firm Grocery & Convenience Store Hair Salon Kitchen & Bath Showroom Storage Facility Electrical Service

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

668
Businesses Nearby
2k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Valvoline Instant Oil Change Shops & Services
1,926 visits/mo 0.5 miles

Demographics for 44278, OH

18,671
Population
7,800
Households
2.4
Avg Household Size
46
Median Age
34%
College-Educated
94%
High-School Grad
14.6 sq mi
ZIP Area
1,279
Density / Sq Mi
$91,670
Median Household Income
$46,538
Median Earnings
$1,030
Median Rent
$225,300
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

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Similar Off Market Nearby

  • Giant Eagle Pharmacy — 205 West Ave, Tallmadge, OH 44278
  • Kenneth Speidel — 232 West Ave, Tallmadge, OH 442782110
  • PharmaCare Compounding Pharmacy — 232 West Ave, Tallmadge, OH 44278
  • Seven Grains Natural Market — 92 West Ave, Tallmadge, OH 44278
  • Ciara Rauckhorst — 45 East Ave, Tallmadge, OH 442782340

Frequently Asked Questions

What type of property is this?
Drug store - Freestanding retail property in C-3 General Commercial zoning with a former Rite Aid space on 2.23 acres.
Where is this drug store located?
The property is located at 45 East Ave Tallmadge, OH.
What are key features of this property?
This property features: Freestanding 17,352 SF former Rite Aid retail building; Set on 2.23 acres; C‑3 General Commercial zoning
(216) 577-1517 Call to check price and availability
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