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Property profile & analytics
FOR LEASE
Strip malls

3104 Milan Rd Sandusky, OH 44870

8,100 SF 1.34 ac lot Built 2004
Entity Owned 22-yr Hold Free & Clear
Property ID
US66-6253306
Property summary
AI-generated overview

This exceptional 1,500 square foot retail space, located at 3104 Milan Road Unit C in Sandusky, Ohio, presents a fantastic opportunity for businesses seeking high visibility and convenient access. Situated on a 1.34-acre lot along heavily trafficked US 250, this unit boasts prime roadside exposure, enhanced by available signage on the building and a pylon sign. The property offers ample drive-up parking for customers and employees, ensuring ease of access. The space becomes available April 1st, 2025. The listed price of $1750 reflects a one-year lease at a rate of $14 per square foot. However, a longer-term lease of three years or more is preferred by the landlord. This is a triple net (NNN) lease, meaning the tenant is responsible for property taxes, insurance, and common area maintenance. The high traffic count on US 250, combined with the prominent signage opportunities and convenient parking, makes this retail space an ideal location for a variety of businesses seeking strong visibility and customer accessibility in the Sandusky market. Don't miss this chance to secure a prime retail location in a thriving area.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2004
Total area 8,100 SF
Lot 1.34 ac (58,462 SF)
APN 32-04538-000
UPID US66-6253306
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
  • Erie County Democratic Party Advocacy Group Volunteer Organization
  • The Pop Shop (Bike/Boat/Book/etc) Store Newspaper & Magazine
  • Pointe Plaza - Sandusky, OH Shopping Center & Mall
  • Revol Wireless Mobile Phone Store Electronics & Wireless Store
  • The Hero Zone (Broadcasting from The Pop Shop) (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
3104 Milan Investments Ltd · 22 yrs held
3104 Milan Investments Ltd
since 2004
2 recorded transactions
2021
Price N/A
2004
$375,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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