9600 Mentor Ave Mentor, OH 44060
For Lease
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This exceptional commercial land opportunity presents a rare chance to secure a highly visible outparcel directly in front of a Lowe's store. Located at the southeast corner of Mentor Avenue (SR 20) and Old Johnnycake Ridge Road in Mentor, Ohio, this property benefits from an unparalleled location within a thriving retail environment. Mentor boasts a robust economy, ranking as the sixth largest retail trade area in Ohio, with over 300 retail businesses generating nearly $1.5 billion in annual sales. The site's strategic placement ensures maximum exposure to a substantial daily traffic volume exceeding 26,000 vehicles at the intersection. This high-income area is characterized by a dense population, providing a large and readily accessible customer base. The property is offered as a ground lease only, presenting a flexible and potentially lucrative investment opportunity for developers seeking a prime location within a well-established and high-performing retail corridor. The site's visibility and proximity to a major retailer like Lowe's make it ideal for a variety of commercial uses, offering significant potential for long-term growth and return on investment. This is a truly exceptional opportunity to establish a presence in one of Ohio's most dynamic retail markets. The property is designated as commercial land and is classified as a single-tenancy outparcel within Lake County.
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
B-2 · Mentor, OHMentor. Always verify with local authorities before improvements.
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.