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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1622 Memorial Dr Lancaster, OH 43130

Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
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
Current use
Occupant on record · Public records
  • Coin Cloud Bitcoin ATM Atm Currency Exchange Service
  • TECHY Lancaster - Buy/Repair/Sell Computer & Electronic Repair Tech Support Center
  • Amazon Locker - Wafer Postal Service Courier Service
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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