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    5350 Leavitt Rd Lorain, OH 44053

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    For Lease
    Contact for pricing

    943 SF Retail Space in Lorain County

    Lot size:
    943 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail opportunity presents 943 square feet of prime, in-store space within a high-traffic Meijer location in Lorain County. This "store-within-a-store" concept offers unparalleled visibility and access to thousands of weekly customers. The space benefits from a highly visible, front-of-store location, maximizing customer interaction. A fixed monthly fee covers real estate taxes, property insurance, common area maintenance, and utilities, simplifying operational costs. Branding opportunities include both interior and exterior signage, enhancing exposure. The property is situated in a thriving trade area with a desirable customer base. This all-inclusive lease is ideal for a variety of businesses, including but not limited to financial institutions, food and beverage establishments, service businesses, health and wellness providers, and insurance agencies. The space's strategic placement within a well-known Midwest retail destination provides a significant advantage for businesses seeking high foot traffic and brand recognition. This is a unique opportunity to establish a presence in a high-performing retail environment. The entire 943 square feet is currently vacant and ready for immediate occupancy.

    Property Features for 5350 Leavitt Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    943 SF

    Unit(s) available at that property

    Space
    Suite B
    Size
    943 SF

    HighLights

    • 943 SF of in‑store retail space available within a Meijer supermarket.
    • Located in Lorain County.
    • High‑traffic, front‑of‑store location with excellent visibility.
    • Access to thousands of weekly customers.
    • All‑inclusive monthly rent covering taxes, insurance, CAM, and utilities.
    • Interior and exterior signage opportunities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Meijer Pharmacy Pharmacy Meijer Deli Deli Meijer Bakery Bakery Jeffrey Shirkey Pharmacy Western Union Money Transfer Service

    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
    Lorain
    County
    Lorain
    State
    Ohio
    Longitude
    -82.21127955
    Latitude
    41.41986189

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    FAQs

    What type of property is this?
    Retail property - 943 SF Retail Space in Lorain County
    Where is this retail property located?
    The property is located at 5350 Leavitt Rd Lorain, OH.
    What are key features of this property?
    This property features: 943 SF of in-store retail space available within a Meijer supermarket.; Located in Lorain County.; High-traffic, front-of-store location with excellent visibility.
    Request Owner's contact information
    5350 Leavitt Rd Lorain, OH 44053
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    Lorain, OH 44053
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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
    5350 Leavitt Rd Lorain, OH 44053
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