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Property profile & analytics
OFF-MARKET
Neighborhood centers

1623 Mentor Ave Painesville, OH 44077

Property ID
Property summary
AI-generated overview

Crystal Plaza offers a fantastic retail opportunity in Painesville, Ohio. This multi-tenant property enjoys a highly visible location on Route 20 (Mentor Avenue), directly west of the Lake County Fairgrounds. The center boasts a strong tenant mix, including established national brands such as Marc's, Tractor Supply, Dollar Tree, and a recently opened Starbucks. This ensures high foot traffic and a vibrant retail environment. The surrounding area is also home to a variety of other popular restaurants and retailers, including Wendy's, McDonald's, Subway, Little Caesars, AutoZone, CVS Pharmacy, Classic Buick GMC, and Save-A-Lot, further enhancing the property's appeal and drawing a diverse customer base. Currently, a 4,750 square foot endcap space is available, ideal for a business seeking high visibility and convenient access. The property's location on a major thoroughfare guarantees excellent exposure to a large volume of daily traffic. This presents a unique opportunity for businesses looking to establish or expand their presence in a thriving retail market within Lake County. The available space is an endcap unit, providing exceptional visibility and signage opportunities. This prime location, combined with the existing strong tenant lineup, makes Crystal Plaza an exceptional investment opportunity for businesses seeking a high-traffic, well-established retail environment. The property is categorized as a power center, strip center, and inline retail, offering flexibility for various business types.

Property profile
Verified
Property type Neighborhood centers
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
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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