7721-7723 Mentor AveMentor, OH 44060

  • Retail properties
  • 22,500 SF
For Lease

Property Details for 7721-7723 Mentor Ave

Year built
1988
Lot size
9.13 AC
Property size (Sq ft)
22,500 SF
Zone code
B-2
Property type
Retail properties
Property subtype
Outlet malls
APN
16-B-031-B-00-015-0
APU
16B031B000150

Description

This prime Mentor, OH retail property offers exceptional opportunities for businesses seeking high visibility and strong demographics. Located at 7721-7723 Mentor Ave, 44060, this multi-tenant strip center boasts two significant spaces: a 22,000 square foot former Petco location (100' x 220') and a 42,500 square foot former Toys"R"Us space (180' x 220'). The property benefits from a robust trade area drawing from Lake and Northern Geauga counties, and enjoys a strategic location directly across from the Great Lakes Mall. This translates to a substantial customer base: over 105,000 people reside within a 5-mile radius, boasting an average household income exceeding $84,000. Furthermore, a significant daytime population of over 24,000 employees works within a 3-mile radius, ensuring consistent foot traffic and potential clientele. The minimum divisible space is 22,500 square feet, with a maximum contiguous space of 42,060 square feet, offering flexibility for various business needs. This exceptional location and substantial space make this property an ideal investment for businesses seeking significant market presence and high growth potential.

7721-7723 Mentor Ave, Mentor, Ohio

Location Insight

City
Mentor
County
Lake
State
Ohio
Latitude
41.6617
Longitude
-81.3651
CBSA code
17460
CBSA name
CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$131,085
$613,210
$648,310
$1,261,520
-
$1,752,020
$1,852,310
$3,604,330

FAQs

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