609 Chestnut Commons Dr Elyria, OH 44035
This exceptional 1,500 square foot endcap retail space is available for lease within the thriving Chestnut Commons shopping center in Lorain County. Currently occupied, this unit boasts excellent visibility and accessibility, situated off Highway 57 and Chestnut Ridge Road. The property offers a prime location with ample parking and a monument signage opportunity, ensuring maximum exposure for your business. Benefit from the strong shadow anchor of a Walmart and the surrounding presence of numerous national and local retailers, including Discount Drug Mart, Petco, Dollar Tree, Kay Jewelers, Sleep Outfitters, and Verizon. Chestnut Commons is a vibrant retail hub, already home to a diverse range of businesses such as Anytime Fitness, Papa Johns, T-Mobile, Bright Now Dental, El Patron Mexican Restaurant, Wasabi, Walk-In Urgent Care, and EJR Jewelers. This high-traffic location provides an ideal opportunity to establish or expand your retail presence in a well-established and successful shopping center. The space is perfect for a variety of retail uses and offers significant potential for growth and profitability. Please note that the current tenant should not be disturbed. Contact us today to learn more about this outstanding leasing opportunity.
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Nationwide Insurance: Sam J Saraniti Clu Insurance Agency
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
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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.