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Property profile & analytics
OFF-MARKET
Strip malls

7339 Lk Shr Blvd 7341 Mentor, OH 44060-3029

4,347 SF 0.7 ac lot Built 2004
Entity Owned 13-yr Hold Free & Clear
Property ID
US66-1589627
Property summary
AI-generated overview

This exceptional retail opportunity is located within the Huntington Bank Center, a two-tenant center situated at the high-traffic intersection of Lakeshore Boulevard and Route 306 in Mentor. The property boasts a total of 3,716 square feet, with 1,575 square feet currently available for lease. This space is ideal for a variety of retail uses and benefits from excellent visibility and accessibility. The center enjoys strong foot traffic due to its prime location and the presence of a major bank anchor. The site features two convenient curb cuts, one from Lakeshore Boulevard and another from Reynolds Road, ensuring easy ingress and egress for customers and deliveries. Lakeshore Boulevard experiences impressive traffic volumes exceeding 15,000 vehicles per day, providing significant exposure for your business. The property sits on a 7-acre lot, offering ample space and potential for future expansion or outdoor amenities. This is a rare opportunity to secure a well-located retail space in a thriving neighborhood center. The available space is approximately 1,575 square feet, providing a versatile layout adaptable to various retail concepts. Don't miss this chance to establish your business in a high-visibility location with exceptional traffic counts.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2004
Total area 4,347 SF
Lot 0.7 ac (30,623 SF)
Zoning code B-2
APN 16-C-080-C-00-001-0
UPID US66-1589627
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
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Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Lakeshore & 306 LLC · 13 yrs held
Lakeshore & 306 LLC
since 2013
4 recorded transactions
2013
$320,000
2003
Price N/A
1999
$250,000
1969
Price N/A
Zoning & alternative use
B-2 · Mentor, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

069,070-0 requesting a variance to Sec. 1173.09 of the Mentor Code of Ordinances to allow the installation of parking spaces at a 0-ft. setback from the right-of-way in lieu of the minimum 10-ft. setback required in the B-2, General Business District. RICHARD & MARSHA MAHONEY FOR 6169 THISTLEWOOD DRIVE, PP16-C-081-K-00-020-0 requesting a variance to Sec. 116…

Zone name General Business
General category COMMERCIAL
Zone area 1,062.03 ac
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