994 Lexington-Springmill Rd Ontario, OH 44906
This exceptional retail opportunity is located in the thriving Ontario, OH market, within a new Lowe's-anchored multi-tenant building. The Ontario Shops offers 1,278 to 4,824 square feet of available space in a 11,296 square foot strip center. Units are divisible down to 1,773 square feet, with a maximum contiguous space of 3,546 square feet. Benefit from excellent street-side visibility at the northeast corner of Lexington-Springmill and Ferguson Roads, enjoying high traffic counts and prominent monument signage opportunities. This prime location is less than one mile from Richland Mall and two miles south of The Ohio State University at Mansfield, a 644-acre campus with over 2,500 faculty, staff, and students. The property is situated in a major regional retail hub serving North-Central Ohio, boasting a shopping population exceeding 150,000. This super-regional draw from the Mansfield/Ontario retail trade area encompasses Richland and Ashland counties. Join established tenants such as Panda Express, Five Guys, and Pulp, and benefit from the proximity to other major retailers including Sam's Club, Menards, Ashley, Target, Meijer, ALDI, OfficeMax, Barnes & Noble, and Pet Supplies Plus. This is an unparalleled chance to establish your business in a high-traffic, well-established retail corridor.
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.