2749 Medina RdMedina, OH 44256

Property Details for 2749 Medina Rd

Year built

1983

Property size (Sq ft)

131,417 SF

Property type

Retail properties

Property subtype

Neighborhood centers

Description

This exceptional two-story, multi-tenant retail plaza, totaling 131,417 square feet, presents a compelling investment opportunity. Located at the highly visible corner of Medina Road (SR-18) and Windfall Road, just 0.4 miles east of I-71, this property boasts impressive daily traffic counts of approximately 36,193 vehicles. The plaza offers six available suites ranging from 1,700 to 52,602 square feet, providing flexibility for various retail concepts. A significant 74,807 square feet of contiguous space is available for a big-box retailer. The property features approximately 510 parking spaces in a recently repaved lot, ensuring ample customer convenience. Built in 1983 and extensively renovated in 2022, the plaza benefits from 800 feet of frontage, providing excellent visibility and accessibility. The property includes 4,800 square feet of second-floor office space. Situated in Medina Township, it enjoys proximity to Downtown Medina (5 miles), Downtown Akron (18 miles), Downtown Cleveland (33 miles), and Cleveland Hopkins Airport (21 miles). The strong demographics of the area, with a population of 48,391 within a 5-mile radius and an average household income of $104,157, further enhance the investment potential. Net lease fees are estimated at $1.73 per square foot. Currently, 19,168 square feet are vacant.

Location Insight

City

Medina

County

Medina

State

Ohio

Latitude

41.1367

Longitude

-81.7862

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