4400 Elida RdLima, OH 45807
- Retail properties
- 6,000 SF
Property Details for 4400 Elida Rd
- Lot size
- 2.00 AC
- Property size (Sq ft)
- 6,000 SF
- Property type
- Retail properties
- Property subtype
- Other shopping malls
Description
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.
Location Insight
- City
- Lima
- County
- Allen
- State
- Ohio
- Latitude
- 40.7797
- Longitude
- -84.1844
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