1622 Memorial Dr Lancaster, OH 43130
This exceptional 1,843 square foot retail space is located in a vibrant, high-traffic area of Lancaster, Ohio, at a major intersection. The property is part of a multi-tenant building, offering excellent visibility and accessibility. This inline space boasts dimensions of 27 feet by 70 feet, providing ample room for a variety of retail businesses. The location benefits from being situated at a signalized intersection, sharing visibility with a dominant 105,000 square foot Kroger Marketplace. This prime location ensures high foot traffic and significant exposure to potential customers. The property enjoys the benefit of strong co-tenancy with established and successful businesses including Starbucks, Chipotle, Hometown Urgent Care, and Sport Clips. Further enhancing its appeal, the area is densely populated with additional retail giants such as Target, HomeGoods, PetSmart, McDonald's, Arby's, 7 Brew Coffee, KFC, Burger King, Sheetz, and Raising Cane's, creating a thriving retail environment. This presents a unique opportunity for businesses seeking a high-visibility location within a well-established and successful retail center in Fairfield County. The space is immediately available. This is an ideal opportunity for businesses looking to establish or expand their presence in a high-growth market.
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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
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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.