927 N Cable Rd Lima, OH 45805
For Lease
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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.
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The Judgement Free Zone Gym & Fitness Center
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Palm Beach Tan Tanning Salon
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China Wok Restaurant
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Gary D. Adams Jr, RPh Pharmacy
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Ray's Clock Tower Pharmacy Pharmacy
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.