Retail Space
9180 Mentor Avenue Mentor, OH 44060
Details & Description
Call for Pricing
    For sale to qualified investors is a 20 year absolute triple net sale lease-back with Five Guys in Mentor, Ohio. Situated on 1 acre of prime land at the entrance to a nearly 200,000 SF Meijer grocery store, this investment provides 20 years of guaranteed base term plus increases in and unbeatable location. The franchisee is one of the top in the chain and operates 25 Five Guys with continued annual growth. The lease will be guaranteed by the parent company owning all 25+ locations. Additionally, with low rent of $82,500 per year ($26 psf), this is also a value play as rents for similar freestanding buildings consistently exceed $35 psf in this corridor. The building itself has an outdoor patio and is drive thru accessible if desired in the future. The property is situated in one of the most dynamic commercial markets in all of Ohio. Nearby businesses include the LakeHealth Medical and Surgery Center, UH Medical Center, Memorial Middle School, Chipotle, Panda Express, Panera, Brueggers, Starbucks, Applebee’s, Bob Evans, Taco Bell, Meijer, Walmart, Petsmart, Walgreens, Lowe’s, Dick’s, Kohl’s, Homegoods, and many more.
    Listing Agents
    Kyle Hartung

    O: 216-381-8200
    kyle@goodmanrealestate.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    9180 Mentor Avenue

    Mentor, OH 44060

    Listing ID: 236544
    9180 Mentor Avenue Mentor, OH 44060 | for Sale | Photo 1
    Building Size: 3,198 SF
    Lot Size: 1.024 AC
    Land Size: 44,605 SF
    Building $/SF: --
    Land $/SF: --
    Price
    Call for Pricing
    Description

    For sale to qualified investors is a 20 year absolute triple net sale lease-back with Five Guys in Mentor, Ohio. Situated on 1 acre of prime land at the entrance to a nearly 200,000 SF Meijer grocery store, this investment provides 20 years of guaranteed base term plus increases in and unbeatable location. The franchisee is one of the top in the chain and operates 25 Five Guys with continued annual growth. The lease will be guaranteed by the parent company owning all 25+ locations. Additionally, with low rent of $82,500 per year ($26 psf), this is also a value play as rents for similar freestanding buildings consistently exceed $35 psf in this corridor. The building itself has an outdoor patio and is drive thru accessible if desired in the future. The property is situated in one of the most dynamic commercial markets in all of Ohio. Nearby businesses include the LakeHealth Medical and Surgery Center, UH Medical Center, Memorial Middle School, Chipotle, Panda Express, Panera, Brueggers, Starbucks, Applebee’s, Bob Evans, Taco Bell, Meijer, Walmart, Petsmart, Walgreens, Lowe’s, Dick’s, Kohl’s, Homegoods, and many more.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Cleveland History of Retail Space for Sale

    Mentor Area Market Trends

    Listing Demographics for 9180 Mentor Avenue Mentor, OH 44060

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population5,49141,017104,328
    Population Median Age484542
    Population by Age0-9 Yrs457 (8%)3887 (9%)10622 (10%)
    10-19 Yrs435 (7%)4651 (11%)12830 (12%)
    20-29 Yrs513 (9%)3704 (9%)11712 (11%)
    30-39 Yrs517 (9%)4219 (10%)11593 (11%)
    40-49 Yrs665 (12%)5046 (12%)13098 (12%)
    50-59 Yrs791 (14%)6101 (14%)15443 (14%)
    60-69 Yrs1026 (18%)6631 (16%)15219 (14%)
    70+ Yrs1087 (19%)6779 (16%)13811 (13%)
    Median HH Income$74,870$77,055$69,046
    Total Household Income< 24K280 (12%)2103 (12%)6088 (14%)
    25-49K463 (20%)3593 (20%)9516 (22%)
    50-74K411 (17%)2677 (15%)7657 (17%)
    75-99K354 (15%)2811 (16%)6629 (15%)
    100-199K662 (28%)4918 (28%)10744 (24%)
    200K+134 (5%)1106 (6%)2450 (5%)
    Highest Education LevelNo Diploma25916865549
    Diploma or GED1431828122312
    Some College891684616816
    Assoc. Degree34629267820
    Bachelors Degree979664114565
    Higher Degree47042118204
    Total Housing Units2,42418,21845,618
    --Owner-Occupied2,00914,30532,856
    --Renter-Occupied2962,90310,228
    Owner-Occupied Values< 100K37019085681
    100-199K613605914818
    200-299K82347668351
    300-399K14210542368
    400-499K55324814
    500K+5195823
    Total Working Age Population4,70734,04785,780
    In Work Force2,77321,39055,763
    Not In Work Force1,93412,65730,017
    Workforce Employed2,67420,67453,583
    Workforce Unemployed997162,143
    Civlian Workforce2,77321,39055,726
    Military Workforce0037
    Total Households2,30417,20843,083
    Family Households1,48211,26927,770
    Non-Family Households8235,93915,313
    Married Couple1,2559,05721,540
    Other Family2272,2126,230
    Married w/Child3763,0817,430
    Single Male w/Child26389939
    Single Female w/Child695972,122

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Ohio11,353,140+211,536,504011,574,870011,615,100
    Cuyahoga County1,393,978-81,280,122-61,209,550-51,154,210
    Geauga County90,895+393,389093,510+294,930
    Lake County227,511+1230,041-1228,6000228,380

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the building size of this Retail property in Mentor, OH?
    The size of the building/unit at 9180 Mentor Avenue in Mentor is 3,198 square feet
    How much land does the Mentor, OH property at 9180 Mentor Avenue include?
    9180 Mentor Avenue in Mentor includes 1.024 acres of land
    What kind of Retail is the propery at 9180 Mentor Avenue?
    The property at 9180 Mentor Avenue Mentor, OH 44060 is listed as a Free Standing Building Retail property
    What is the population within 1 mile of 9180 Mentor Avenue in Mentor?
    The population within 1 mile of 9180 Mentor Avenue Mentor, OH 44060 is 5,491 people.
    Who do I contact for questions about 9180 Mentor Avenue?
    You should contact the listing agent, Kyle Hartung, for any details regarding this commercial listing.

    Other Listings for Sale Nearby

    Address Price Sq Ft Acres
    9200 Mentor Avenue, Mentor, OH CALL 763 0.75
    8400 Mentor Avenue, Mentor, OH $600,000 1200 0.47
    7850 Mentor Avenue, Mentor, OH $5,700,000 190762 12.29
    7730 Lakeshore Boulevard, Mentor, OH $340,000 5060 0.69
    9193 Chillicothe Road, Kirtland, OH $2,548,000 32985 2.95
    367 North State Street, Painesville, OH $99,000 4308 0.1
    701 East Street, Fairport Harbor, OH $149,000 3435 0.31
    10609 Chillicothe Road, Willoughby, OH $1,975,000 25318 5.3
    7899 Chardon Rd, Kirtland, OH $650,000 14000 1.51
    7564 Euclid Chardon Road, Kirtland, OH CALL 9264 1.37

    Closest Commercial Airports

    Airport Distance (mi)
    Cleveland Hopkins International Airport (CLE) 33
    Erie International Tom Ridge Field (ERI) 65
    Pittsburgh International Airport (PIT) 99
    Price
    Call for Pricing
    Listing Agent
    More listings from Kyle Hartung
    Featured Local Vendors
    • SUPPORT OUR FREE PLATFORM •
    The below vendors allow us to provide our platform at no cost. Please consider their services when needed.
    • Cleaning Company •
    JE Cleaning Company logo
    A clean, sanitized office is here!
    • Cleaning Company •
    ClearView SoftWash logo
    A clean, sanitized office is here!
    • Roofing Contractor •
    Reliable Roofing  Restoration logo
    Repair, replace, maintain. Click here!
    • Roofing Contractor •
    Allslopes Roofing  Gutters logo
    We'll Fix Your Roof! Schedule Now!

    Share
    Other property types near Mentor, OH