Retail Space
24101 Lorain Road North Olmsted, OH 44070
Details & Description
Call for Pricing
    For sale is the 100% fee-simple interest in Bentley Coe Plaza, a 36,616 square foot neighborhood strip center located in one of the most dynamic retail markets in all of Ohio; North Olmsted. Located on heavily-trafficked Lorain Road, with over 22,000 vehicles per day, the property features an ideal mix of both tenured and new tenants including Cricket Wireless, Subway, Danny Boy’s Pizza, Fast Signs, and A Child’s View child care center, who has anchored the property since its construction in 1989. During recent renovations, new storefronts were installed during 2016/2017 and the façade was replaced in 2015. The property features all-brick construction along with two pylon signs and has multiple access points along Lorain Road. Currently 100% leased, Bentley Coe Plaza features average in-place rent of $13.16 per square foot, and provides the investor with a stable investment with reasonable rental rates. The shopping center faces Lorain Road and extends from Bentley Road to Coe Road, giving it excellent exposure to substantial daily traffic. The property is ideally situated just east of Columbia Road and is surrounded by national retailers including Taco Bell, Autozone, O’Reilly, Walgreen’s, Discount Drug Mart, and many others. Just west is the Great Northern Mall, a dominant enclosed regional mall driving traffic from 10 miles and beyond. The majority of national retailers and restaurants have a presence in North Olmsted, making it one of the most sought after retail trade areas in all of the state. Because of the property’s location, tenants are able to cater to a local and regional group of shoppers.
    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.

    24101 Lorain Road

    North Olmsted, OH 44070

    Listing ID: 236562
    • 24101 Lorain Road North Olmsted, OH 44070 | for Sale | Photo 1
    • 24101 Lorain Road North Olmsted, OH 44070 | for Sale | Photo 2
    24101 Lorain Road | for Sale | Thumbnail 1
    24101 Lorain Road | for Sale | Thumbnail 2
    Building Size: 36,616 SF
    Lot Size: 3.820 AC
    Land Size: 166,399 SF
    Building $/SF: --
    Land $/SF: --
    Price
    Call for Pricing
    Description

    For sale is the 100% fee-simple interest in Bentley Coe Plaza, a 36,616 square foot neighborhood strip center located in one of the most dynamic retail markets in all of Ohio; North Olmsted. Located on heavily-trafficked Lorain Road, with over 22,000 vehicles per day, the property features an ideal mix of both tenured and new tenants including Cricket Wireless, Subway, Danny Boy’s Pizza, Fast Signs, and A Child’s View child care center, who has anchored the property since its construction in 1989. During recent renovations, new storefronts were installed during 2016/2017 and the façade was replaced in 2015. The property features all-brick construction along with two pylon signs and has multiple access points along Lorain Road. Currently 100% leased, Bentley Coe Plaza features average in-place rent of $13.16 per square foot, and provides the investor with a stable investment with reasonable rental rates. The shopping center faces Lorain Road and extends from Bentley Road to Coe Road, giving it excellent exposure to substantial daily traffic. The property is ideally situated just east of Columbia Road and is surrounded by national retailers including Taco Bell, Autozone, O’Reilly, Walgreen’s, Discount Drug Mart, and many others. Just west is the Great Northern Mall, a dominant enclosed regional mall driving traffic from 10 miles and beyond. The majority of national retailers and restaurants have a presence in North Olmsted, making it one of the most sought after retail trade areas in all of the state. Because of the property’s location, tenants are able to cater to a local and regional group of shoppers.

    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

    North Olmsted Area Market Trends

    Listing Demographics for 24101 Lorain Road North Olmsted, OH 44070

    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.

    Demographics Charts
    Demographics Tables

    Common Questions and Answers

    What is the building size of this Retail property in North Olmsted, OH?
    The size of the building/unit at 24101 Lorain Road in North Olmsted is 36,616 square feet
    How much land does the North Olmsted, OH property at 24101 Lorain Road include?
    24101 Lorain Road in North Olmsted includes 3.820 acres of land
    What kind of Retail is the propery at 24101 Lorain Road?
    The property at 24101 Lorain Road North Olmsted, OH 44070 is listed as a Shopping Center Retail property
    What is the population within 1 mile of 24101 Lorain Road in North Olmsted?
    The population within 1 mile of 24101 Lorain Road North Olmsted, OH 44070 is 10,985 people.
    Who do I contact for questions about 24101 Lorain Road?
    You should contact the listing agent, Kyle Hartung, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi) Directions
    Cleveland Hopkins International Airport (CLE) 2
    Detroit Metropolitan Wayne County Airport (DTW) 93
    Erie International Tom Ridge Field (ERI) 99
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