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Gas Station with Convenience Store
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4615 N Leavitt Rd, Lorain, OH 44053

Net-leased property at a signalized intersection with access from both roadways.

Property SizeContact for details
Days on Market143

Property Features for 4615 N Leavitt Rd

General Information

Standard status Active
Property subtype Retail

Additional Details

Road Access Yes

Building Details

Year Built 2020
Tenancy Single
Listing Agency: Horvath & Tremblay
Listed By: Todd Tremblay · License #MA 9​5​0​4​1​4​5
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 29 at 9:26PM

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 Horvath & Tremblay

Investment Insights

Based on property information with market context.

This single-tenant gas station and convenience store is offered with a net lease in place. The property includes a Quick Run occupancy under an original 20-year lease, with 18 years remaining and four (4), 5-year renewal options. Contractual rent increases are set at 10% every five years during the base term and renewal periods.

The property sits at the signalized intersection of North Leavitt Road and Tower Boulevard in Lorain, Ohio, with access from both roads and prominent signage. Walmart Supercenter is directly opposite the site, while a retail center anchored by Home Depot is also across the intersection. Additional national retailers and surrounding dense residential neighborhoods contribute to established activity in the area.

Key Highlights

  • Single‑tenant Quick Run gas station and convenience store
  • 18 years remaining on original 20‑year lease
  • Four (4), 5‑year renewal options

Property Analytics

Current Use

Shell Gas Station Hunt Brothers Pizza Restaurant Krispy Krunchy Chicken Restaurant Quick run Gas Station

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Law Firm Auto Repair Shop Auto Parts 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

Single-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

248
Businesses Nearby
213k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 42% Apparel 23% Dining 12% Home Improvements & Furnishings 11%
Walmart Superstores
89,156 visits/mo 0.2 miles
Kohl's Apparel
40,556 visits/mo 0.2 miles
The Home Depot Home Improvements & Furnishings
23,034 visits/mo 0.2 miles
Applebee's Dining
14,993 visits/mo 0.1 miles
Pet Supplies Plus Shops & Services
10,652 visits/mo 0.0 miles

Demographics for 44053, OH

20,735
Population
9,529
Households
2.2
Avg Household Size
44
Median Age
21%
College-Educated
91%
High-School Grad
10.8 sq mi
ZIP Area
1,920
Density / Sq Mi
$65,332
Median Household Income
$43,654
Median Earnings
$827
Median Rent
$189,500
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?
Gas station - Net-leased property at a signalized intersection with access from both roadways.
Where is this gas station located?
The property is located at 4615 N Leavitt Rd Lorain, OH.
What are key features of this property?
This property features: Single‑tenant Quick Run gas station and convenience store; 18 years remaining on original 20‑year lease; Four (4), 5‑year renewal options
More about this property
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