Single-Tenant NNN
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For Sale
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4805 N Leavitt Rd., Lorain, OH 44053
Freestanding retail-oriented storefront with an established NNN lease structure.
Property Size3,000 SF
Price / SF$600
Days on Market7
Property Features for 4805 N Leavitt Rd.
General Information
Standard status
Active
Size
3,000 SF
Property subtype
Retail
Lease Type
NNN
Investment Type
Net Lease
Net Operating Income
$156,911
Additional Details
Cap Rate
8.7%
Building Details
Year Built
2016
Tenancy
Single
Listing Agency:
NAI Sun Vista
(505) 998-5735
Listed By:
Todd Strickland · License #NM
Source:
Crexi
Added: Aug 3
Changed: Aug 9
Last Checked: Aug 9 at 8:06AM
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 NAI Sun Vista
Investment Insights
Based on property information with market context.
This storefront property contains 3,000 square feet and was constructed in 2016. The asset is configured for a single tenant and is offered with an NNN lease structure.
The property is located at 4805 N. Leavitt Rd. in Lorain, Ohio 44053. Reported investment metrics include an 8.70% cap rate.
The property is located at 4805 N. Leavitt Rd. in Lorain, Ohio 44053. Reported investment metrics include an 8.70% cap rate.
Key Highlights
- 3,000 square feet of retail space
- Built in 2016
- Single‑tenant configuration
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
624
Businesses Nearby
574k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 51%
Groceries 24%
Shops & Services 21%
Home Improvements & Furnishings 3%
Meijer
Groceries
76,648 visits/mo
0.3 miles
Giant Eagle Supermarket
Groceries
39,567 visits/mo
0.2 miles
Chick-fil-A
Dining
37,092 visits/mo
0.3 miles
McDonald's
Dining
31,293 visits/mo
0.3 miles
Raising Cane's Chicken Fingers
Dining
28,275 visits/mo
0.1 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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Freestanding retail-oriented storefront with an established NNN lease structure.
Where is this storefront property located?
The property is located at 4805 N Leavitt Rd. Lorain, OH.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 3,000 square feet of retail space; Built in 2016; Single‑tenant configuration
