Property profile

120 Northern Ave Lima, OH 45801

OFF-MARKET
Retail properties & Spaces
193,507 SF
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Property summary

AI-generated overview

Northland Plaza, located at 120 W Northern Ave, Lima, OH 45801, offers exceptional retail leasing opportunities in Allen County. This vibrant commercial center boasts a total of 193,507 square feet of retail space, with 47,487 square feet currently vacant and available for lease. Spaces range from a minimum of 800 square feet to a maximum contiguous space of 22,000 square feet, providing flexibility for businesses of various sizes. The property is zoned commercial and features ample parking with 1,200 spaces available for customers and employees. The convenient location on W Northern Ave, near a main cross street, ensures high visibility and accessibility for your business. Seven spaces are currently available, offering a unique chance to establish or expand your retail presence in a thriving Lima community. The property's multiple tenancy structure creates a dynamic and diverse shopping environment, attracting a wide range of customers. This is an excellent opportunity to secure prime retail space in a well-established center. Contact us today to learn more about available spaces and lease terms.

Property profile

Verified
Property type Retail properties & Spaces
Total area 193,507 SF

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Atm Crypto Atm
  • Grocery & Convenience Store Food Market
  • Shopping Center & Mall
  • Bank Credit Union
  • Atm Crypto Atm

Location

120 Northern Ave Lima, OH 45801
Lima metro
Google Maps

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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