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Fairless Shopping Center 2210-2230 Fairless Dr 1,864 SF of Retail Space Available in Lorain, OH 44055

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HIGHLIGHTS

  • Well established Save A Lot anchored shopping center on highly trafficked Route 57.
  • Population of 134,077 in a 5 mile radius.
  • In close proximity to Interstate I-90 and dense population.
  • Excellent frontage on Fairless Drive (670 feet) and Grove Avenue (897 feet).

SPACE AVAILABILITY (1)

Display Rental Rate as

  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • RENT TYPE
  • 1st Floor, Ste 5
  • 1,864 SF
  • 3 Years
  • Upon Request Upon Request Upon Request Upon Request
  • Modified Gross
2222-2230 Fairless Dr - 1st Floor - Ste 5
Space Use
Retail
Condition
Full Build-Out
Availability
Now

Well established Save A Lot anchored shopping center on highly trafficked Route 57 with below market rents available. In close proximity to Interstate I-90 and dense population.

  • Listed rate may not include certain utilities, building services and property expenses
  • Fully Built-Out as Standard Retail Space
  • Highly Desirable End Cap Space
Space Size Term Rental Rate Rent Type
1st Floor, Ste 5 1,864 SF 3 Years Upon Request Upon Request Upon Request Upon Request Modified Gross

2222-2230 Fairless Dr - 1st Floor - Ste 5

Size
1,864 SF
Term
3 Years
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
Modified Gross
Space Use
Retail
Condition
Full Build-Out
Availability
Now

Well established Save A Lot anchored shopping center on highly trafficked Route 57 with below market rents available. In close proximity to Interstate I-90 and dense population.

  • Listed rate may not include certain utilities, building services and property expenses
  • Fully Built-Out as Standard Retail Space
  • Highly Desirable End Cap Space

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

PROPERTY FACTS

Total Space Available 1,864 SF
Center Type Neighborhood Center
Parking 356 Spaces
Center Properties 4
Frontage
670’ on Fairless Dr
  • 897’ on Grove Ave
Gross Leasable Area 121,614 SF
Total Land Area 12.66 AC
Year Built 1966

ABOUT THE PROPERTY

Built in 1966 this 121,328 square foot neighborhood center is well situated at on Fairless Drive and Grove Avenue in Lorain, Ohio. The property features a total of 370 surface level parking spaces across its almost 13 acres of land. With easy access to I-90 and direct exposure to Fairless Drive and Grove Avenue this property is positioned excellently for commute and access to nearby amenities.

  • Pylon Sign
  • Signalized Intersection
  • Listing ID: 15781171

  • Date on Market: 2012-01-04

  • Last Updated:

  • Address: 2210-2230 Fairless Dr, Lorain, OH 44055

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