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    7743 Mentor Ave Mentor, OH 44060

    For Lease
    $18 SF/Yr ($14,554 /Mo)

    1,320 SF Office/Retail Suite in Mentor, OH

    Lot size:
    9,703 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 1,320-square-foot retail or office space is ideally situated at 7743 Mentor Avenue in Mentor, Ohio, zip code 44060. The suite is part of a larger 9,703-square-foot building on a 0.89-acre lot, offering a total of 40 parking spaces for ample customer and employee convenience. The space boasts a clean, modern "white box" design featuring polished concrete floors, making it easily adaptable to a variety of uses. Suitable uses include salons, accounting firms, insurance agencies, general retail businesses, and restaurants. The property enjoys a highly visible location on Mentor Avenue (Route 20), providing excellent accessibility and high traffic volume. Its strategic placement between Starbucks and Taco Bell ensures significant foot traffic and brand recognition. Easy ingress and egress are facilitated by a traffic light, and prominent monument signage enhances visibility. The location offers significant advantages, being just minutes from Lakeland Freeway and I-90, and directly across from Great Lakes Mall, the top retail destination within a 20-mile radius. The surrounding area features strong demographics, thriving businesses, and established residential subdivisions, creating a robust customer base. The minimum divisible space is 1,320 square feet, with a total of 1,320 square feet currently vacant. This property presents a unique opportunity for businesses seeking a prime location with high visibility and convenient access.

    Property Features for 7743 Mentor Ave

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    9,703 SF
    Total Rate
    14554.5

    Building Details

    Buildings
    1

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    1,320 SF
    Rate per SF
    $18
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Realty agency 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
    County
    Lake
    State
    Ohio
    Longitude
    -81.364199789654
    Latitude
    41.660249641419

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    FAQs

    What type of property is this?
    Restaurant - 1,320 SF Office/Retail Suite in Mentor, OH
    Where is this restaurant located?
    The property is located at 7743 Mentor Ave Mentor, OH.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    Request Owner's contact information
    7743 Mentor Ave 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
    7743 Mentor Ave Mentor, OH 44060
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