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Five-Tenant Retail Strip Center
For Sale
Contact for pricing
Pending

7741 Mentor Ave, Mentor, OH 44060

Fully occupied small-shop retail property within a substantial Mentor Avenue retail concentration.

Property Size9,703 SF
Days on Market143

Property Features for 7741 Mentor Ave

General Information

Standard status Pending
Size 9,703 SF
Property subtype Retail
Occupancy 100%

Additional Details

Cap Rate 8%

Building Details

Tenancy Multi
Listing Agency: Marcus & Millichap - Columbus
Listed By: Craig Fuller · License #OH 2008001551
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 6:28PM

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 Marcus & Millichap - Columbus

Investment Insights

Based on property information with market context.

Crossings Plaza is a 9,703-square-foot retail strip center with five occupied tenant spaces. Individual suites range from 1,320 to 3,400 square feet, providing a mix of smaller shop configurations within the center. The property is reported at 100% occupancy and an 8.0% cap rate.

Located at 7741 Mentor Ave in Mentor, Ohio, the center sits within a retail node containing more than 3.5 million square feet of retail. Nearby retailers include Aldi, T.J. Maxx, Ross, Marshalls, Best Buy, At Home, Hobby Lobby, Burlington, Michaels, JOANN, Barnes & Noble, Marc’s, and other established shopping destinations.

Key Highlights

  • 9,703 SF five‑tenant strip center
  • 100% occupied with suites ranging from 1,320 to 3,400 SF
  • 8.0% CAP

Property Analytics

Current Use

Strip malls

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Grocery & Convenience Store Carpet & Flooring Store Locksmith 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

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

824
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

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Strip mall - Fully occupied small-shop retail property within a substantial Mentor Avenue retail concentration.
Where is this strip mall located?
The property is located at 7741 Mentor Ave Mentor, OH.
What are key features of this property?
This property features: 9,703 SF five‑tenant strip center; 100% occupied with suites ranging from 1,320 to 3,400 SF; 8.0% CAP
(216) 264-2000 Call to check price and availability
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