Former Restaurant Building on
For Lease
Contact for pricing
Pending
840 Lila Ave, Milford, OH 45150
5,449 SF building on 1.49 acres in Milford, OH.
Space Size5,448 SF
Days on Market381
Property Features for 840 Lila Ave
General Information
Standard status
Pending
Size
5,448 SF
Property subtype
RETAIL
Spaces For Lease
at 840 Lila Ave Contact us- Floor
- Bldg
- Size
- 5,448 SF
- Type
- RETAIL
- Rate
- Contact for pricing
- Availability
- PENDING, Now
- Sublease
- No
840 Lila Ave
- 5,449 SF Former Frisch’s Building on 1.49 Acres — Available for Sale or Lease
-...
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Contact us
Listing Agency:
Anchor Associates
(513) 784-1106
Listed By:
Jason Gibson · License #BRKP.2016004929
Source:
Moodyscre
Added: Aug 28, 2025
Changed: Sep 9
Last Checked: Sep 11 at 11:17AM
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 Anchor Associates
Investment Insights
Based on property information with market context.
Available for sale or lease is a 5,449-square-foot former Frisch’s building situated on 1.49 acres. The property benefits from a prime location approximately 1.5 miles from I-275, offering high-traffic retail corridor exposure. It features prominent pylon signage, providing excellent visibility for branding, and enjoys great visibility along Lila Avenue. The location is in close proximity to major retailers, including Kroger, Lowe’s, Meijer, and Home Depot, and is surrounded by abundant nearby dining options such as Roosters, Skyline Chili, Rally’s, McDonalds, Chick-fil-a, and Wings and Rings.
Key Highlights
- High‑Traffic Retail Corridor Location
- 5,449 SF Building on 1.49 Acres - Available for Sale or Lease**
- Prime Location – Approximately 1.5 miles from I‑275
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
563
Businesses Nearby
140k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 35%
Shops & Services 27%
Groceries 27%
Superstores 9%
Kroger
Groceries
37,250 visits/mo
0.2 miles
McDonald's
Dining
23,370 visits/mo
0.3 miles
Kroger Fuel Center
Shops & Services
12,828 visits/mo
0.1 miles
Big Lots
Superstores
12,222 visits/mo
0.3 miles
Skyline Chili
Dining
11,392 visits/mo
0.2 miles
Demographics for 45150, OH
33,735
Population
14,432
Households
2.3
Avg Household Size
42
Median Age
41%
College-Educated
95%
High-School Grad
32.3 sq mi
ZIP Area
1,044
Density / Sq Mi
$91,780
Median Household Income
$51,494
Median Earnings
$1,033
Median Rent
$267,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Turn key restaurant - 5,449 SF building on 1.49 acres in Milford, OH.
Where is this turn key restaurant located?
The property is located at 840 Lila Ave Milford, OH.
What are key features of this property?
This property features: High‑Traffic Retail Corridor Location; 5,449 SF Building on 1.49 Acres - Available for Sale or Lease**; Prime Location – Approximately 1.5 miles from I‑275
