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Property profile & analytics
OFF-MARKET
Lifestyle centers

1627 Memorial Dr Lancaster, OH 43130

105,000 SF
Property ID
Property summary
AI-generated overview

This single-story, 105,000 square foot shopping center in Lancaster, Ohio, offers a prime retail space totaling 6,870 contiguous square feet, with a minimum divisible space of 1,570 square feet. Located at 1627 N Memorial Dr, 43130, the property boasts excellent visibility and accessibility, situated on a high-traffic retail corridor with over 28,034 vehicles passing daily. The center enjoys strong co-tenancy with major retailers including Kroger Marketplace, HomeGoods, and PetSmart. Its strategic location within Lancaster's main shopping district places it near other significant national brands such as Target, Hobby Lobby, JCPenney, TJ Maxx, Dick's Sporting Goods, Walmart, Menards, Lowe's, Best Buy, and Cinemark, as well as numerous quick-service and full-service restaurants. Two full-movement, traffic-controlled curb cuts provide convenient access from N. Memorial Drive. This presents a unique opportunity for businesses seeking high visibility and a strong customer base in a thriving retail environment. The property is ideal for a variety of retail uses.

Property profile
Verified
Property type Lifestyle centers
Total area 105,000 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Kroger Deli Food Market Restaurant
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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