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Retail Space in Lancaster Corridor
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1203 N Memorial Dr, Lancaster, OH 43130

Up to 4,190 SF available for lease in Lancaster, OH.

Space SizeContact for details
Lot Size0.75 Acres
Days on Market1303
Rey
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Property Features for 1203 N Memorial Dr

General Information

Standard status Active
Lot size 0.75 Acres
Property subtype LAND

Spaces For Lease

at 1203 N Memorial Dr
1203 N Memorial Dr - Outlot 19 AVAILABLE, Now
Type LAND
Rate Contact for pricing
Sublease No
- AVAILABLE: - 26,991 SF - 0.75 AC for ground lease - Join Planet Fitness, Michaels, Family Dollar, AutoZone, Rent-A-Center, Ollie's Bargain Outlet, and The Honey Baked Ham in Lancaster's prominent retail corridor - Neighboring major retailers include Kroger, Target, T.J.Maxx, HomeGoods, and the 52 acre River Valley Mall - Nearby $30 million Fairfield Medical Center with 85,000 SF of medical offices and outpatient and emergency care services - Pylon signage available
Contact us
Listing Agency: Goodman Real Estate
Listed By: Chad Hamrick · License #2005014796
Source: Moodyscre
Added: Mar 23, 2023 Changed: Oct 2 Last Checked: Oct 15 at 1:55AM

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 Goodman Real Estate

Investment Insights

Based on property information with market context.

Available for lease is up to 4,190 square feet of inline retail space, along with 0.75 acres available for ground lease. The property is located in Lancaster's prominent retail corridor, joining Planet Fitness, Michaels, Furniture Bank, Family Dollar, AutoZone, Rent-A-Center, and Ollie’s Bargain Outlet. Neighboring major retailers include Kroger, Target, T.J.Maxx, and HomeGoods, as well as the 52-acre River Valley Mall. The location is near the $30 million Fairfield Medical Center, which features 85,000 square feet of medical offices, outpatient, and emergency care services. Pylon signage is available.

Key Highlights

  • Up to 4,190 SF inline space available
  • 0.75 AC available for ground lease
  • Located in Lancaster’s prominent retail corridor

Property Analytics

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Current Use

Planet Fitness Gym & Fitness Center

Suggested Use

Top Pick Law Firm Building Supply Real Estate Agency Big Box & Wholesale Store HVAC Service Electrical Service

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

Location Intelligence

Trade Area within ½ mile

620
Businesses Nearby

Demographics for 43130, OH

62,010
Population
26,434
Households
2.3
Avg Household Size
41
Median Age
23%
College-Educated
92%
High-School Grad
164.5 sq mi
ZIP Area
377
Density / Sq Mi
$68,242
Median Household Income
$43,936
Median Earnings
$1,031
Median Rent
$215,900
Median Home Value
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Market

Lease Benchmarks for Lancaster, OH

$15.54 /SF/Yr
Avg Asking Price
$6.94–$21 /SF/Yr
Price Range
5,227 SF
Avg Space Size

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Up to 4,190 SF available for lease in Lancaster, OH.
Where is this retail space located?
The property is located at 1203 N Memorial Dr Lancaster, OH.
What are key features of this property?
This property features: Up to 4,190 SF inline space available; 0.75 AC available for ground lease; Located in Lancaster’s prominent retail corridor
(614) 282-9864 Call to check price and availability
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