7144 Mentor Ave, Willoughby, OH 44094
This exceptional retail opportunity presents 15,000 square feet of vacant space in a 15,000 square foot shopping center located at 7144 Mentor Avenue in Willoughby, Ohio, 44094. The property sits on a 2.5-acre lot and is zoned for retail use. The building is ideally situated on Mentor Avenue with convenient access from Rt 306, ensuring high visibility and accessibility for potential tenants. The flexible space allows for multiple tenants, with a minimum divisible unit size of 1,600 square feet. This is a brand-new strip center development, slated for completion in 2024, presenting a unique chance to be part of a thriving retail hub. The property's strategic location and modern design make it an attractive option for businesses seeking high foot traffic and excellent exposure. The ample space offers significant potential for a variety of retail uses, catering to diverse business needs. This is a ground-floor opportunity to establish a presence in a rapidly developing area of Willoughby. The property's zoning designation specifically allows for retail businesses, ensuring a seamless and compliant operation. This is an excellent investment opportunity for businesses seeking a high-traffic location with significant visibility.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.