This exceptional retail opportunity is located at 9680 Mentor Ave, Painesville, OH 44077, within the vibrant Mentor Towne Centre. The property offers 66,000 square feet of commercial space, with multiple suites available ranging from 1,425 to 4,000 contiguous square feet. Currently, 7,925 square feet are vacant. The center boasts a strong tenant mix, including national brands such as Harbor Freight Tools, Lumber Liquidators, Massage Envy, Hertz, Crumbl Cookies, and Moe's SW Grill. This prime location benefits from proximity to other major retailers like Lowe's, Kohl's, Chick-fil-A, Ulta, Target, and Arby's, ensuring high visibility and foot traffic. The property is zoned C-Commercial and situated in Lake County, Ohio. A full-service traffic signal at the entrance to the Towne Centre and Target provides excellent access. The area demographics are highly favorable, with over 100,000 people residing within a 3-mile radius and an average household income exceeding $78,900. Convenient access to I-90 and SR 2 via SR 44 and SR 615 makes this location easily accessible to residents of Mentor, Concord, Painesville, and surrounding communities. The recent opening of a Meijer's store further enhances the area's retail appeal. This property presents a unique opportunity for businesses seeking high-traffic exposure in a thriving retail environment. Ideal for home furnishings, home accessories, remodeling, apparel, repair, and sporting goods retailers.
Property Features for 9680 Mentor Ave
General Information
Property type
Retail properties
Lease Type
Gross Lease
RSF (Rentable sq. ft)
66,000 SF
Total Rate
77000
Unit(s) available at that property
Space
Space 9
Size
4,000 SF
Rate per SF
$14
Space
Space 3
Size
1,425 SF
Rate per SF
$14
Space
Space 5
Size
2,500 SF
Rate per SF
$14
Space
Space 8
Size
4,000 SF
Rate per SF
$14
HighLights
66,000 SF retail center with multiple suites available, ranging from 1,425 to 4,000 contiguous SF; 7,925 SF currently vacant.
2,500 SF showroom available.
4,000 SF Hallmark store space available for the first time.
Anchored by a newly renovated Bed Bath & Beyond and featuring national tenants including Bed Bath & Beyond, Lumber Liquidators, Massage Envy, Hertz, Crumbl Cookies, and Moe's SW Grill.
Excellent location for home furnishings, home accessories, remodeling, and repair businesses.
Full‑service traffic signal at the entrance to the Towne Centre, providing high visibility and accessibility.
Retail property - Painesville, OH retail space available.
Where is this retail property located?
The property is located at 9680 Mentor Ave Painesville, OH.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: 66,000 SF retail center with multiple suites available, ranging from 1,425 to 4,000 contiguous SF; 7,925 SF currently vacant.; 2,500 SF showroom available.; 4,000 SF Hallmark store space available for the first time.
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9680 Mentor Ave Painesville, OH 44077
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Realmo Value Estimation
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Cap approach
Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.
Comparable approach
Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.
Relative
Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.
Geo
Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels
across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.
Alternative use
Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.
More about this property
9680 Mentor Ave Painesville, OH 44077
More about this listing
9680 Mentor Ave, Painesville, OH
Jeffrey Soclof
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9680 Mentor Ave, Painesville, OH
Jeffrey Soclof
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9680 Mentor Ave, Painesville, OH
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9680 Mentor Ave, Painesville, OH
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9680 Mentor Ave, Painesville, OH
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to 9680 Mentor Ave Painesville, OH 44077
9680 Mentor Ave, Painesville, OH
Jeffrey Soclof
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