For Sale
$4,220,000
9383 Mentor AveMentor, OH 44060
- Added:
- Dec 11, 2024
- Days on market:
- 115
Highlights
- 8,000 SF Starbucks-anchored, four-tenant NNN strip center in Mentor, OH; 100% occupied.
- A+ hard corner location with 29,350 vehicles per day (VPD) and excellent visibility.
- Fully renovated and re-tenanted in 2019-2020 with $1.712M in improvements; transferable 20-year roof warranty.
- 5.3-year weighted average lease term (WALT) with no lease rollover until 2028.
- NNN leases with 100% recovery of landlord operating expenses, including management fees.
- Starbucks (28% of gross leasable area [GLA]) occupies a prime endcap with a drive-thru; lease expires 2/2030.
Property Details for 9383 Mentor Ave
- Property type
- Lifestyle centers, Power centers
- Square Feet
- 8,000 SF
- Year Built/Renovated
- 1990/2019
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 52,272 SF
- Units
- 4
Location Insight
- City
- Mentor
- County
- Lake
- State
- Ohio
- Latitude
- 41.679959228613
- Longitude
- -81.302872778048
9383 Mentor Ave, Mentor, Ohio
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