9560 Diamond Centre Dr Mentor, OH 44060
- Strip malls
- 23,200 SF
- 3.03 lot acres
Current Use by Public Records
- Strip malls
Property Details for 9560 Diamond Centre Dr
- Year built
- 2004
- Lot size
- 3.03 lot acres
- Property size
- 23,200 SF
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 16-B-065-0-00-042-0
- APU
- 16B0650000420
Description
This exceptional investment opportunity presents a fully leased ATM outlot at Trask Plaza in Lake County. The property is designated as retail land with single-tenant occupancy, offering a stable income stream. Situated on Diamond Centre Drive, this location boasts unparalleled visibility and convenient access to major thoroughfares including Route 2, Route 44, and I-90. This high-traffic area benefits from its proximity to a concentration of significant retail anchors, including Menard's, Sam's Club, The Home Depot, and Atlas Cinemas, ensuring consistent customer flow. The strategic placement near major corporations such as STERIS Corporate Headquarters and Avery Dennison Corporation further enhances the property's value and potential for long-term growth. The single-tenant nature of the lease simplifies management and minimizes vacancy risk. This fully leased land parcel represents a compelling investment opportunity for those seeking a stable, high-visibility retail asset in a thriving commercial area. The property's location within Lake County provides access to a robust consumer base and a strong regional economy. The ease of access to major highways ensures convenient access for both customers and employees. This is a rare opportunity to acquire a prime retail outlot in a highly desirable location with established tenants and excellent visibility. The property's current lease status provides immediate cash flow, making it an attractive option for investors seeking a low-risk, high-return investment.
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
- Mentor
- County
- Lake
- State
- Ohio
- Longitude
- -81.2958
- Latitude
- 41.7143
- CBSA code
- 17460
- CBSA name
- CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA