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    5929 Andrews Rd Mentor-on-the-Lake, OH 44060

    Sponsored
    For Lease
    Contact for pricing

    Prime Mentor-on-the-Lake retail center with multiple spaces available.

    Lot size:
    106,553 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Lakeside Center, located at 5929 Andrews Rd in Mentor-on-the-Lake, Ohio 44060, presents a compelling opportunity for retail businesses seeking high-visibility space. This Class B retail center comprises two buildings totaling 106,553 square feet, offering a diverse range of suite sizes to accommodate various needs. Currently, there are 25 suites in total, with 12,190 square feet of vacant space available. Individual spaces range from a minimum of 896 square feet to a maximum contiguous space of 44,100 square feet, providing flexibility for businesses of all scales. The property's convenient location ensures high foot traffic and excellent visibility. Ample parking is available with 365 spaces provided for customers and employees. The property is categorized as a Strip Centre, Neighborhood Center, and suitable for Restaurant use. This is an exceptional opportunity to establish or expand your business in a thriving community. Contact us today to learn more about the available spaces and lease terms.

    Property Features for 5929 Andrews Rd

    General Information

    Property type
    Strip malls
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    106,553 SF
    Class
    B

    Building Details

    Buildings
    2

    Unit(s) available at that property

    Space
    5931
    Size
    1,559 SF
    Space
    5905
    Size
    4,200 SF
    Space
    5909
    Size
    1,680 SF
    Space
    5919
    Size
    6,084 SF

    HighLights

    • Abundant on‑site parking.
    • High‑visibility corner location with adjacent Giant Eagle grocery store.
    • Pylon signage opportunity available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mentor-on-the-Lake
    County
    Lake
    State
    Ohio
    Longitude
    -81.360674062848
    Latitude
    41.709849399939

    Nearby Comparable

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    Nearby Similar for Lease

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      69,784 SF

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      Andrews Road Retail Center

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      Lakeside Center Annex Retail Space

      Prime Mentor-on-the-Lake retail storefront.
      5961 Andrews Rd, Mentor-on-the-Lake, OH 44060
      View Details

    FAQs

    What type of property is this?
    Strip mall - Prime Mentor-on-the-Lake retail center with multiple spaces available.
    Where is this strip mall located?
    The property is located at 5929 Andrews Rd Mentor-on-the-Lake, OH.
    What are key features of this property?
    This property features: Abundant on-site parking.; High-visibility corner location with adjacent Giant Eagle grocery store.; Pylon signage opportunity available.
    Request Owner's contact information
    5929 Andrews Rd Mentor-on-the-Lake, OH 44060
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    5929 Andrews Rd Mentor-on-the-Lake, OH 44060
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