Property profile

29 S Aurora Rd Aurora, OH 44202

FOR LEASE
Community centers
Property ID
US66-2389769
6,120 SF 0.1 ac lot Built 1978
Entity Owned 22-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 2,569 square foot retail space presents a fantastic opportunity for businesses seeking high visibility and strong foot traffic. Situated at the prominent intersection of Aurora Road (Rt. 43) and Garfield Road (Rt. 82) in Aurora, Ohio, this property benefits from its strategic location within a thriving community. The space is part of a multi-tenant building and offers excellent visibility due to its endcap location. Sharing an intersection with established national brands like Walgreens and Starbucks ensures consistent high traffic flow. The property's proximity to Barrington Towne Center, anchored by Heinen's Grocery Store and Atlas Cinemas, further enhances its appeal and provides access to a large customer base. This location offers easy access for customers and employees alike, with its convenient placement near the highly popular Aurora Farms Premium Outlets, just one mile away. The property's location in Portage County provides access to a strong local market. This retail space is ideal for a variety of businesses seeking a high-traffic, well-established location in a desirable area. The space is currently available for lease. Interested parties should inquire for further details and lease terms.

Property profile

Verified
Property type Community centers
Use group MINI-MALL
Year built 1978
Total area 6,120 SF
Lot 0.1 ac (4,199 SF)
APN 03-018-10-00-047
UPID US66-2389769

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Training Center Sports School
  • (Bike/Boat/Book/etc) Store
  • Restaurant
  • Hair Salon Nail Salon

Location

29 S Aurora Rd Aurora, OH 44202
Aurora metro Census 600303 AKRON, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$195k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$195k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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