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Community Center Retail Opportunity
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1410 S Water St, Kent, OH 44240

Community center with retail, restaurant, and service tenant mix.

Space Size633 SF - 18,018 SF
Property Size129,714 SF
Days on Market1164

Property Features for 1410 S Water St

General Information

Standard status Active
Size 633 SF - 18,018 SF
Property subtype Retail, Office, Restaurant
Lease Type NNN

Building Details

Building Size 129,714 SF
Tenancy Multiple

Spaces For Lease

at 1410 S Water St Contact us

Suite 17

Size
1,800 SF
Type
Office, Restaurant, Retail
Lease Type
NNN
Availability
Active
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Suite 1B

Size
18,018 SF
Type
Retail
Lease Type
NNN
Availability
Active
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Suite 2

Size
633 SF
Type
Office, Retail
Lease Type
NNN
Availability
Active
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Suite 3

Size
1,230 SF
Type
Office, Retail
Lease Type
NNN
Availability
Active
Contact us

Suite 3A

Size
7,500 SF
Type
Office, Restaurant, Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Spigel Properties
Listed By: Lindsey Nussle · License #FLBO
Source: Crexi
Added: Jun 28, 2023 Changed: Aug 24 Last Checked: Sep 3 at 12:25AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Spigel Properties

Investment Insights

Based on property information with market context.

University Plaza is a 130,209 square foot community center featuring a mix of entertainment, value retail, restaurant, and service tenants. Situated along the commercial corridor on Water Street and surrounded by residential neighborhoods, the plaza is located at the intersection of South Water Street and Cherry Street. This location benefits from exposure to over 21,000 vehicles per day.

Key Highlights

  • High‑traffic location at the intersection of S Water and Cherry St, with over 21,000 vehicles per day
  • 130,209 SF community center
  • Located along the bustling commercial corridor on Water St

Property Analytics

Current Use

O'Reilly Auto Parts Auto Parts Store

Suggested Use

Top Pick HVAC Service Storage Facility Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Furniture & Home Goods Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$1.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

452
Businesses Nearby
99k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 49% Shops & Services 24% Groceries 21% Home Improvements & Furnishings 5%
McDonald's Dining
21,372 visits/mo 0.1 miles
Marc's Groceries
20,598 visits/mo 0.3 miles
Dunkin' Donuts Dining
15,473 visits/mo 0.4 miles
Burger King Dining
6,467 visits/mo 0.3 miles
Dollar Tree Shops & Services
6,353 visits/mo 0.4 miles

Demographics for 44240, OH

38,354
Population
20,228
Households
1.9
Avg Household Size
32
Median Age
44%
College-Educated
96%
High-School Grad
39.7 sq mi
ZIP Area
966
Density / Sq Mi
$57,415
Median Household Income
$31,613
Median Earnings
$989
Median Rent
$216,000
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Similar Off Market Nearby

  • Hills Plaza A, 1600 S Water St, Kent, OH 44240
  • University Plaza 127 Cherry St, Kent, OH 44240

Frequently Asked Questions

What type of property is this?
Shopping center - Community center with retail, restaurant, and service tenant mix.
Where is this shopping center located?
The property is located at 1410 S Water St Kent, OH.
What is the lease rate?
The lease rate is $8 SF/Yr.
What are key features of this property?
This property features: High‑traffic location at the intersection of S Water and Cherry St, with over 21,000 vehicles per day; 130,209 SF community center; Located along the bustling commercial corridor on Water St
More about this property
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