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Signalized-Corner Retail Space
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7342 Mentor Avenue, Mentor, OH 44060

CommercialLease, Mentor, OH

Space Size1,500 SF
Lot Size0.74 Acres
Days on Market146

Property Features for 7342 Mentor Avenue

General Information

Property type Commercial Lease
Property subtype Retail
Zoning description Retail
Parking 43
Parking features Parking Lot
Elementary school district Mentor EVSD - 4304
Middle school district Mentor EVSD - 4304
High school district Mentor EVSD - 4304
Directions Corner of Mentor Avenue and Midland Rd.
Standard status Active
APN 16-A-001-A-00-002-0
Lot size 0.74 Acres

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Cooling system Central Air
Water source Public

Building Details

Year built 2006
Floors in Building 1
Number of units 6
Roof type Rubber
Listing Agency: Century 21 Homestar · Century 21 Real Estate
Listed By: Anthony D Takacs · License #2014004742
Added: May 4 Changed: Sep 12 Last Checked: Sep 26 at 6:06PM
MLS# 5207064

Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1,500 SF retail suite occupies a well-maintained commercial property built in 2006. The space is positioned at the signalized intersection of Mentor Avenue and Midland Rd., with building signage visible from the intersection of Rt. 306 and Mentor Ave. Existing property features include central air, forced-air heating, natural gas service, a rubber roof, public water, public sewer, and a parking lot. The parcel contains 0.74 acres.

The property sits within the Mentor Avenue Retail Corridor and records traffic counts of 15,000+ VPD. Nearby businesses include Panera Bread, Old Navy, Marc's, DSW, Marshalls, Starbucks, McDonald's, and other national and local retailers. Access to S. R. 2 is approximately 0.7 mile away, while Rt. 90 is approximately 0.9 mile away. The space is offered under an NNN lease structure, with buildout terms negotiable.

Key Highlights

  • 1,500 SF retail space in the Mentor Avenue Retail Corridor
  • Signalized intersection at Mentor Avenue and Midland Rd.
  • 15,000+ VPD traffic counts

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Parking Lot & Garage Pharmacy Storage Facility Grocery & Convenience Store HVAC Service Food Market

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

15,000 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

785
Businesses Nearby

Demographics for 44060, OH

60,360
Population
27,276
Households
2.2
Avg Household Size
47
Median Age
35%
College-Educated
96%
High-School Grad
39.9 sq mi
ZIP Area
1,513
Density / Sq Mi
$85,881
Median Household Income
$51,736
Median Earnings
$1,156
Median Rent
$227,200
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?
Retail space - Well-maintained commercial space with central air, forced-air heating, and parking lot access in an established retail corridor.
Where is this retail space located?
The property is located at 7342 Mentor Avenue Mentor, OH.
What are key features of this property?
This property features: 1,500 SF retail space in the Mentor Avenue Retail Corridor; Signalized intersection at Mentor Avenue and Midland Rd.; 15,000+ VPD traffic counts
More about this property
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