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Property profile & analytics
FOR LEASE
Community centers

4045 S Main St Akron, OH 44319

65,600 SF 13.66 ac lot Built 1988
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US66-2818707
Property summary
AI-generated overview

This exceptional retail property, South Main Centre at The Lakes, presents a compelling investment opportunity in Akron, Ohio's thriving Manchester/Portage Lakes submarket. Situated on approximately one acre of land at 4045-4049 S Main St, Akron, OH 44319, this Class B center offers a total of 65,600 square feet of retail space. The property boasts a strong anchor tenant, Buehler's grocery store, ensuring consistent foot traffic and visibility. Individual spaces range from a minimum of 2,540 square feet to a maximum contiguous space of 8,840 square feet, providing flexibility for various retail concepts. Multiple tenancy options are available, catering to businesses seeking diverse sizes. The convenient location on South Main Street and SR-619 offers easy access and high visibility, benefiting from proximity to the picturesque Portage Lakes. Ample parking is provided with 575 spaces to accommodate customers and employees. This property is ideally suited for businesses seeking a well-established location within a vibrant and growing community. The Akron-Cleveland submarket cluster ensures a strong customer base and excellent potential for growth. Don't miss this chance to secure a prime retail space in a desirable location.

Property profile
Verified
Property type Community centers
Use group MINI-MALL
Year built 1988
Total area 65,600 SF
Lot 13.66 ac (594,855 SF)
APN 28-12782
UPID US66-2818707
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.90M
Blend (final) Blend
$4.88M
Owner & transaction history
South Main Centre LLC · 2 yrs held
South Main Centre LLC
since 2024
3 recorded transactions
2024
Price N/A
2006
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $7.2M +16.7%
Restaurant $7.0M +13.5%
Auto repair, garage $6.5M +6.7%
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More about this property
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