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Property profile

5827 Wooster Pike Medina, OH 44256

OFF-MARKET
Retail properties & Spaces
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Property summary

AI-generated overview

This exceptional 2,232 square foot outparcel presents a rare ground lease opportunity within the burgeoning South Town Center retail development in Medina, Ohio. Located at 5817 Wooster Pike (SR 3) in Montville Township, this highly visible site benefits from its strategic position just south of the Medina Town Square and its thriving retail corridor. Expected delivery is in the fourth quarter of 2024. The property boasts excellent street frontage and includes a pylon sign for maximum brand exposure. This is the last remaining outparcel in this new development, offering unparalleled access to a strong customer base. Surrounding established businesses include Acme Fresh Market (opening soon), Mr. Tire, Discount Drug Mart, McDonald's, Handel's Homemade Ice Cream & Yogurt, and the new Warehouse Gym, ensuring high traffic and a diverse customer demographic. The site's convenient location provides easy access to area schools, further enhancing its appeal. This is an ideal location for a variety of retail uses, capitalizing on the significant growth and established retail presence in the area. The property's prime location and the strength of its neighboring businesses make this an exceptional investment opportunity. Don't miss this chance to secure a prominent position in a thriving Medina retail hub.

Property profile

Verified
Property type Retail properties & Spaces

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5827 Wooster Pike Medina, OH 44256
Medina metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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