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4400 Elida Rd Lima, OH 45807

Build-to-suit retail space in prime location.

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional 6,000 square foot retail property, situated on a 2-acre corner lot at 4400 Elida Rd in Lima, Ohio, presents a unique build-to-suit opportunity. The site boasts 405 feet of frontage on a signalized intersection with high visibility along State Route 309, experiencing 18,000 vehicles per day. This high-traffic area is the county's busiest east/west commute corridor, connecting Fort Wayne, Van Wert, and Delphos. The property is zoned commercial, permitting drive-thru uses and various other businesses, including professional offices, medical facilities, restaurants, and retail establishments. The customizable design allows for 1-4 tenants, with spaces ranging from 1,000 to 15,000 square feet, offering flexibility for various business needs. Utilities are already in place. The location benefits from a strong national brand trade area, including major retailers like Lowe's, Meijer, Menard's, and Kohl's, and is situated across from a new Casey's development. The area shows robust growth, with a low strip center vacancy rate (0.5%) and significant expansion in the healthcare and professional services sectors. Allen County's healthcare industry is 40% larger than the national average, and the area has experienced a remarkable 266% job growth in professional and scientific services. Lima's strategic location along I-75 and State Route 309, its proximity to several K-12 schools, and its low crime rate further enhance the property's appeal. This is an ideal investment opportunity in a thriving market.

Highlights

  • High-visibility corner lot.
  • Located on a signalized intersection.
  • Features 405 feet of frontage.
  • High traffic count of 18,000 vehicles per day (VPD) on State Route 309.

Property Details for 4400 Elida Rd

Property type
Shopping malls, Neighborhood centers
RSF (Rentable sq. ft)
6,000 SF
Class
A
Stories
1

Unit(s) available at that property

Space
Suite 1
Size
6,000 SF
Space
Suite 2
Size
6,000 SF
Space
Suite 3
Size
6,000 SF

Location Insight

City
Lima
County
Allen
State
Ohio
Latitude
40.7797128
Longitude
-84.1844283

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FAQs

What type of property is this?
Shopping mall - Build-to-suit retail space in prime location.
Where is the shopping mall located?
The property is located at 4400 Elida Rd Lima, OH.
What are key features of this property?
This property features: High-visibility corner lot.; Located on a signalized intersection.; Features 405 feet of frontage.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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Contacts

Seena Rezvani
Seena Rezvani

Learn more

Useful Information

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Elida Rd
Lima, OH 45807

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Elida Rd
Lima, OH 45807

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

4400 Elida Rd
  • Seena Rezvani
    Seena Rezvani
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