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Property profile & analytics
OFF-MARKET
Lifestyle centers

1203 Memorial Dr Lancaster, OH 43130

Property ID
Property summary
AI-generated overview

Lancaster Plaza offers prime retail opportunities in a thriving Lancaster, OH location. Available is up to 4,190 square feet of inline space, ideal for a variety of retail businesses. Additionally, a 0.75-acre outlot is available for ground lease. This property benefits from its position in a prominent retail corridor, alongside established national tenants such as Planet Fitness, Michaels, Furniture Bank, Family Dollar, AutoZone, Rent-A-Center, and Ollie's Bargain Outlet. The strong tenant mix ensures high foot traffic and visibility. The plaza enjoys proximity to major retailers including Kroger, Target, T.J. Maxx, HomeGoods, and the expansive 52-acre River Valley Mall, further enhancing its desirability. A significant draw is the nearby Fairfield Medical Center, a $30 million facility encompassing 85,000 square feet of medical offices, outpatient services, and emergency care, contributing to a substantial daily population flow. Pylon signage opportunities are available for increased brand awareness. This location presents a compelling investment opportunity for businesses seeking high visibility and a strong customer base within a well-established retail environment. The available space and outlot provide flexibility for various retail concepts.

Property profile
Verified
Property type Lifestyle 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
Current use
Occupant on record · Public records
  • Planet Fitness Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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