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Neighborhood Retail Center Storefront
For Lease
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500 N Abbe Rd, Elyria, OH 44035

Available spaces of 1,600 SF and 1,350 SF in a neighborhood shopping center with Discount Drug Mart and Goodwill.

Space Size1,600 SF
Days on Market2252

Property Features for 500 N Abbe Rd

General Information

Standard status Active
Size 1,600 SF
Property subtype RETAIL

Spaces For Lease

at 500 N Abbe Rd Contact us

500 N Abbe Rd

Floor
1
Size
1,600 SF
Type
RETAIL
Rate
Contact for pricing
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- Neighborhood shopping center: approximately 59,500 SF - 1,600 SF & 1,350 SF available -...
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Listing Agency: Passov Real Estate Group
Listed By: David Stein · License #SAL0000295155
Source: Moodyscre
Added: Jul 14, 2020 Changed: Aug 8 Last Checked: Sep 12 at 8:02AM

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 Passov Real Estate Group

Investment Insights

Based on property information with market context.

This neighborhood shopping center offers available retail spaces sized at approximately 1,600 SF and 1,350 SF. Rental rates are negotiable.

The property is located at the northwest corner of N Abbe Rd and Hilliard Rd, just east of SR 57. Anchor tenants include Discount Drug Mart and Goodwill.

The center’s tenant mix and practical storefront configuration make the available units suited for retailers seeking established neighborhood traffic within the shopping center setting.

Key Highlights

  • Neighborhood shopping center totaling approx. 59,500 SF
  • Available spaces: 1,600 SF and 1,350 SF
  • Anchored by Discount Drug Mart and Goodwill

Property Analytics

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Current Use

Discount Drug Mart ... Pharmacy Bilyj Jason R Pharmacy Western Union Bank Discount Drug Mart ... Pharmacy Discount Drug Mart ... Food Market

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Dental Office Spa & Massage Center Hair Salon

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

603
Businesses Nearby
139k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 44% Dining 41% Superstores 15%
McDonald's Dining
28,502 visits/mo 0.4 miles
Speedway Shops & Services
26,482 visits/mo 0.4 miles
Big Lots Superstores
20,404 visits/mo 0.4 miles
Dunkin' Donuts Dining
14,263 visits/mo 0.4 miles
Dollar Tree Shops & Services
13,959 visits/mo 0.4 miles

Demographics for 44035, OH

61,921
Population
29,637
Households
2.1
Avg Household Size
42
Median Age
17%
College-Educated
88%
High-School Grad
47.6 sq mi
ZIP Area
1,301
Density / Sq Mi
$54,362
Median Household Income
$38,493
Median Earnings
$871
Median Rent
$147,600
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
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Available spaces of 1,600 SF and 1,350 SF in a neighborhood shopping center with Discount Drug Mart and Goodwill.
Where is this shopping center located?
The property is located at 500 N Abbe Rd Elyria, OH.
What are key features of this property?
This property features: Neighborhood shopping center totaling approx. 59,500 SF; Available spaces: 1,600 SF and 1,350 SF; Anchored by Discount Drug Mart and Goodwill
(216) 831-8100 Call to check price and availability
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