Shopping Center Anchored by
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5500 Milan Rd, Sandusky, OH 44870
Shopping center anchored by major retailers along Milan Rd, a high-traffic retail corridor in Sandusky.
Property Size5,300 SF
Days on Market1226
Property Features for 5500 Milan Rd
General Information
Standard status
Active
Size
5,300 SF
Property subtype
RETAIL
Listing Agency:
Arnold J. Eisenberg, Inc.
(216) 831-6773
Listed By:
Steve Eisenberg
Source:
Moodyscre
Added: Mar 24, 2023
Changed: Jul 30
Last Checked: Jul 30 at 7:32AM
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 Arnold J. Eisenberg, Inc.
Investment Insights
Based on property information with market context.
Park Place Shopping is a shopping center anchored by Lowe’s, Staples, Ashley Homestore, and shadow anchored by Walmart. The property is located at 5500 Milan Rd in Sandusky, OH 44870.
Sandusky is a super-regional trade area halfway between Toledo and Cleveland. The market draws nearly 250,000 people within a 30 minute radius, supported by regional visitation including Cedar Point and nearby indoor waterparks such as Kalahari and Great Wolf Lodge, which together draw over 11 million visitors annually. Milan Rd. is the main retail corridor in Sandusky with traffic counts of over 30,000 vehicles per day.
The shopping center’s footprint is 5,300 SF.
Sandusky is a super-regional trade area halfway between Toledo and Cleveland. The market draws nearly 250,000 people within a 30 minute radius, supported by regional visitation including Cedar Point and nearby indoor waterparks such as Kalahari and Great Wolf Lodge, which together draw over 11 million visitors annually. Milan Rd. is the main retail corridor in Sandusky with traffic counts of over 30,000 vehicles per day.
The shopping center’s footprint is 5,300 SF.
Key Highlights
- Park Place Shopping anchored by Lowe’s, Staples, and Ashley Homestore, shadow anchored by Walmart
- Milan Rd. is the main retail corridor with traffic counts over 30,000 vehicles per day
- Nearly 250,000 people in a 30 minute radius
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
353
Businesses Nearby
270k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 36%
Groceries 26%
Dining 17%
Home Improvements & Furnishings 11%
Walmart
Superstores
96,813 visits/mo
0.1 miles
Meijer
Groceries
70,190 visits/mo
0.5 miles
Raising Cane's Chicken Fingers
Dining
38,043 visits/mo
0.2 miles
Lowe's
Home Improvements & Furnishings
27,667 visits/mo
0.1 miles
Staples
Office Supplies
12,321 visits/mo
0.1 miles
Demographics for 44870, OH
40,416
Population
19,991
Households
2
Avg Household Size
43
Median Age
25%
College-Educated
90%
High-School Grad
60.7 sq mi
ZIP Area
666
Density / Sq Mi
$58,797
Median Household Income
$36,056
Median Earnings
$863
Median Rent
$148,600
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
- Crossings of Sandusky — 911 Crossings Rd, Sandusky, OH 44870
- Park Place Shopping Center — 5500 Milan Rd, Sandusky, OH 44870
- Outback Plaza - Sandusky, OH — 4920 Milan Rd, Sandusky, OH 44870
- Market Square - Sandusky, OH — 4917 Milan Rd, Sandusky, OH 44870
- Park Place Shopping Center - Sandusky, OH — 5500 Milan Rd, Sandusky, OH 44870
Frequently Asked Questions
What type of property is this?
Shopping center - Shopping center anchored by major retailers along Milan Rd, a high-traffic retail corridor in Sandusky.
Where is this shopping center located?
The property is located at 5500 Milan Rd Sandusky, OH.
What are key features of this property?
This property features: Park Place Shopping anchored by Lowe’s, Staples, and Ashley Homestore, shadow anchored by Walmart; Milan Rd. is the main retail corridor with traffic counts over 30,000 vehicles per day; Nearly 250,000 people in a 30 minute radius