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    6989 Heisley Rd Mentor, OH 44060

    Sponsored
    For Lease
    Contact for pricing

    High-traffic retail space, excellent visibility.

    Lot size:
    1,030 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail opportunity is located within a thriving Walmart-anchored plaza in Mentor, Ohio. The available space totals 1,030 square feet, situated at the high-traffic intersection of Mentor Avenue (State Route 20) and Heisley Road. This prime location benefits from significant daily traffic volume and exceptional visibility. The plaza boasts a strong tenant mix, including established businesses such as Nothing Bundt Cakes, Inspire Nutrition, and AAA Travel, creating a synergistic and attractive retail environment. Mentor, Ohio, is a key retail hub, ranking as the sixth-largest retail center in the state, with over 300 retail establishments generating nearly $1.5 billion in annual sales. This underscores the robust consumer base and significant purchasing power within the immediate area. The broader Lake County market further strengthens this investment opportunity, boasting $3.5 billion in annual sales across 789 establishments and supporting 12,537 jobs. This property presents a compelling opportunity for businesses seeking high visibility, strong foot traffic, and a proven retail environment within a dynamic and prosperous market. The space is ideal for a variety of retail uses, capitalizing on the established success of the plaza and the surrounding retail corridor. This is a rare chance to establish a presence in a premier retail location within a high-performing market.

    Property Features for 6989 Heisley Rd

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,030 SF

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    1,030 SF

    HighLights

    • 1,030 SF available storefront space in a Walmart‑anchored plaza.
    • Located at the high‑traffic intersection of Mentor Ave (SR 20) and Heisley Rd in Mentor, OH.
    • Strong tenant mix including Nothing Bundt Cakes, Inspire Nutrition, and AAA Travel.
    • Located in Mentor, Ohio, a major retail center with approximately $1.5 billion in annual retail sales.
    • Situated in Lake County, boasting $3.5 billion in annual sales and over 12,500 retail jobs.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Mentor
    County
    Lake
    State
    Ohio
    Longitude
    -81.303797631516
    Latitude
    41.680583460268

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    FAQs

    What type of property is this?
    Neighborhood center - High-traffic retail space, excellent visibility.
    Where is this neighborhood center located?
    The property is located at 6989 Heisley Rd Mentor, OH.
    What are key features of this property?
    This property features: 1,030 SF available storefront space in a Walmart-anchored plaza.; Located at the high-traffic intersection of Mentor Ave (SR 20) and Heisley Rd in Mentor, OH.; Strong tenant mix including Nothing Bundt Cakes, Inspire Nutrition, and AAA Travel.
    Request Owner's contact information
    6989 Heisley Rd Mentor, OH 44060
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    Mentor, 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
    6989 Heisley Rd Mentor, OH 44060
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