4415 Leavitt Rd 1 Lorain, OH 44053-2371
The Shops on Leavitt offers a prime 14,625 square foot retail space, opening in 2024. This new shopping center is ideally situated across the street from the thriving Lighthouse Village shopping center in Lorain, Ohio, within the dynamic Lorain-Amherst trade area. Lighthouse Village boasts a strong tenant mix, including major anchors like Walmart, The Home Depot, and Kohl's, along with popular retailers such as Famous Footwear, Skechers, Pet Supplies Plus, Starbucks, and Applebee's. This ensures high foot traffic and visibility for businesses located within The Shops on Leavitt. The surrounding area offers exceptional demographics, with a robust concentration of national and regional retailers and restaurants. Nearby establishments include Meijer, Michael's, Tractor Supply Co., Giant Eagle, Target, Lowe's, Panera Bread, Chick-fil-A, Chipotle, and Five Guys, among many others. This strategic location provides excellent access to a large customer base and significant potential for business growth. The Shops on Leavitt presents a unique opportunity for businesses seeking a high-traffic location within a well-established and successful retail environment. The total building size is 46,500 square feet, offering a variety of potential configurations for multiple tenants. This is a rare opportunity to establish a presence in a rapidly developing area with strong existing retail infrastructure. The property is located in Lorain County, Ohio.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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