1203 Memorial Dr Lancaster, OH 43130
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.
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Planet Fitness Gym & Fitness Center
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
Similar Nearby for Sale
Similar Nearby for Lease
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.