120 Northern Ave, Lima, OH 45801
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.
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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.