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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

375-409 Lear Rd Avon Lake, OH 44012

74,419 SF
Property ID
Property summary
AI-generated overview

Learwood Square offers exceptional retail opportunities in the thriving Avon Lake community. This single-story shopping center boasts a total of 74,419 square feet, anchored by a Giant Eagle grocery store, ensuring high foot traffic and visibility. Currently, there are two available spaces ranging from 1,200 to 1,892 contiguous square feet, ideal for a variety of businesses. The center enjoys a highly desirable location at the hard corner of Lear Road and Walker Road, providing excellent accessibility and exposure. Strong co-tenancy includes well-established businesses such as CVS, ACE Hardware, Kindercare, Key Bank, Peter & Co. Jewelers, Avon Lake Yoga & Spa, and Onyx Health Club, creating a synergistic and attractive shopping environment. The center is situated in Lorain County, within the affluent Avon Lake suburb, known for its high average household income of $134,327, indicating a strong consumer base with significant purchasing power. A total of 3,092 square feet is currently vacant, presenting a unique opportunity for businesses seeking a presence in this established and successful shopping center. The minimum divisible space is 1,200 square feet.

Property profile
Verified
Property type Retail properties & Spaces
Total area 74,419 SF
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
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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