This exceptional retail property, located at 729 S Cable Road in Lima, Ohio, offers a fantastic opportunity for businesses seeking high-traffic exposure. Situated on the southeast corner of S Cable Road and Wales Avenue, this property boasts strong visibility and accessibility. The building totals 9,750 square feet, with 8,375 square feet currently vacant and available for lease. Multiple tenancy options are available, with spaces ranging from a minimum of 1,375 square feet to a maximum contiguous space of 7,000 square feet. This allows for flexibility to accommodate a variety of business needs and sizes. The property is classified as commercial retail and is located in Allen County, Ohio, with a convenient zip code of 45805. The property's prime location and ample space make it an ideal choice for businesses looking to establish or expand their presence in a thriving market. This is a rare opportunity to secure a highly visible and well-situated retail space in a desirable location. Contact us today to learn more about leasing options and to schedule a viewing.

Property type Retail properties & Spaces

Total area 9,750 SF

Implied cap rate, NOI & suggested price

Cap rate vs submarket · NOI estimate · 3 price anchors

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729 Cable Rd Lima, OH 45805

Lima metro

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Comparables

6 recent transactions · within 1.5 mi

Comparable in this City

Value Estimation
$9,645,000

201,410 SF

3180 Elida Rd

DEPARTMENT STORE

3180 Elida Rd, Lima, OH 45805

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Value Estimation
$1,020,000

14,725 SF

701 Cable Rd

DEPARTMENT STORE

701 Cable Rd, Lima, OH 45805-1737

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Value Estimation
$220,000

0.19 Acres

Cable Rd

DEPARTMENT STORE

Cable Rd, Lima, OH 45805

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Value Estimation
$4,710,000

201,912 SF

2600 Elida Rd

DEPARTMENT STORE

2600 Elida Rd, Lima, OH 45805-1208

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Value Estimation
$275,000

5.75 Acres

2450 Allentown Rd

DEPARTMENT STORE

2450 Allentown Rd, Lima, OH 45805-1712

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Value Estimation by Request
7,306 SF

924 Elm St

Neighborhood centers

924 Elm St, Lima, OH 45805

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Similar Nearby for Sale

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2,765 SF

Retail Building on High-Traffic Corner

Retail building with 2,765 sf interior space, currently operating as a dry cleaning service at a high-traffic intersection.

702 N Cable Rd, Lima, OH 45805

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36,947 SF

Retail Center on North Cable

Retail property with multiple tenants on a high-traffic road.

902 N Cable Rd, Lima, OH 45805

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New

$2,567,000

14,200 SF

Lima Strip Mall

Retail property positioned along Elida Road in Lima, Ohio, with multiple commercial occupants identified in the property information.

2151 Elida Rd, Lima, OH 45805

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New

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Auto Shop with Hydraulic Hoists

Automotive service facility with office space, drive-in access, and city utilities.

2144 Elida Rd, Lima, OH 45805

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New

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Clocktower Plaza Shopping Center

Large-format retail center with established local and regional tenants and additional outlot availability.

911 N Cable Rd, Lima, OH 45805

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New

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Commercial Land

Commercial land identified at 3036 Elida Rd in Lima, Ohio.

3036 Elida Rd, Lima, OH 45805

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Similar Nearby for Lease

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8,676 sqft

Retail Center Storefront Spaces

Retail storefront spaces totaling 10,146 SF are available on N Cable Road near major national retailers.

902-914 N Cable Rd, Lima, OH 45805

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New

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3,040 sqft

Freestanding Retail Space

Freestanding retail property available for lease or ground lease with existing pylon signage.

2465 Elida Road, Lima, OH 45805

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$1,983/Mo

1,700 sqft

Retail Space with NNN Lease

The property offers commercial zoning, central air, and a parking lot.

709 N Cable Road, Lima, OH 45805

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Prime Retail Space on Elm

Versatile retail space with high visibility and ample parking.

924 E Elm St, Lima, OH 45805

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10,000 sqft

Retail Space in High Traffic

10,000 SF retail space in high-traffic area with ample parking.

1945 Elida Rd, Lima, OH 45805

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238,000 sqft

Retail Space in Clocktower Plaza

Retail spaces available in Lima's Clocktower Plaza shopping center.

927 N Cable Rd, Lima, OH 45805

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