927 Cable Rd Lima, OH 45805
- Strip malls
- 0.13 lot acres
Current Use by Public Records
- The Judgement Free Zone / Gym
- Palm Beach Tan / Tanning Salon
- China Wok / Chinese Restaurant / Asian Fusion Restaurant
- Gary D. Adams Jr, RPh / Pharmacy
- Ray's Clock Tower Pharmacy / Pharmacy
Property Details for 927 Cable Rd
- Lot size
- 0.13 lot acres
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 36-2701-01-001.002
- APU
- 36270101001002
Description
Clocktower Plaza, located at 927 N Cable Rd, Lima, OH 45805, presents a significant retail investment opportunity. This single-tenant strip center boasts a substantial 238,000 square feet of vacant space, representing a unique chance to establish a major presence in the Lima market. Currently at 25% occupancy, the plaza offers considerable potential for growth and development. Existing tenants include well-known national and regional brands such as Pet Supplies Plus, Dollar Tree, Planet Fitness, and GameStop, demonstrating the location's appeal and drawing power. The property benefits from a highly visible location with easy access, enhanced by a traffic light and ample parking. The property management is actively committed to ongoing improvements, aiming to increase the overall value and desirability of the plaza. Various leasing options are available to accommodate diverse space requirements, making this a flexible and attractive proposition for businesses seeking to expand or establish themselves in a thriving Lima community. This is an exceptional opportunity to create a premier shopping destination in a prime location within a flourishing area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lima
- County
- Allen
- State
- Ohio
- Longitude
- -84.1473
- Latitude
- 40.752
- CBSA code
- 30620
- CBSA name
- LIMA, OH METROPOLITAN STATISTICAL AREA
