7534 Fredle Dr Painesville, OH 44077
This exceptional retail opportunity is located within the Gristmill Village shopping center at 7534 Fredle Drive in Painesville, Ohio, 44077. The property offers 1,485 square feet of vacant space within a larger 62,473 square foot center, ideally suited for a variety of retail uses. The center enjoys a highly desirable location just south of I-90, ensuring excellent visibility and accessibility for customers. This prime location benefits from strong co-tenancy, including established businesses such as Lucky's Market, Healthspan, Lundner Orthodontics, and Pub Frato, attracting a significant customer base. The surrounding area boasts a wealth of additional retail options, further enhancing the property's appeal and foot traffic. Nearby businesses include Discount Drug Mart, True Value, Starbucks, Chipotle, Pulp, Key Bank, Waffle House, Subway, Great Clips, Huntington Bank, University Hospitals, and Cleveland Clinic, creating a vibrant and thriving commercial environment. This space presents a unique chance to establish or expand a retail business in a high-traffic, well-established shopping center with a diverse range of complementary businesses. The property is situated in Lake County, Ohio, offering easy access to major transportation routes and a strong local market. This is an excellent opportunity for a business seeking high visibility and a strong customer base.
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.