1627 Memorial Dr Lancaster, OH 43130
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.
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Kroger Deli Food Market Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.