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Investment Opportunity 23100 Lorain Rd 40,391 SF 100% Leased Retail Building North Olmsted, OH 44070 $4,592,490 CAD ($113.70 CAD/SF)
Investment Highlights
- Goodwill has a strong operating history at this property and just renewed for an additional 5 years
- Outlot building tenant has not built out and most likely will not pick up option, leaving upside potential for a new tenant or potential to parcel off
- The remainder of the Goodwill roof is currently being recovered
- DoorDash operating as DashMart is publicly traded
- New roof over DashMart and portion of Goodwill in 2024
- Two HVAC units replaced in 2024 for DashMart
Executive Summary
Investment opportunity with DashMart, Goodwill and Outlot
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
40,391 SF
Building Class
B
Year Built/Renovated
1978/1988
Price
$4,592,490 CAD
Price Per SF
$113.70 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.21
Lot Size
4.47 AC
Zoning
Commercial-Retail
Parking
215 Spaces (5.34 Spaces per 1,000 SF Leased)
Frontage
323’ on Lorain Rd
Amenities
- Pylon Sign
- Signage
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 231-16-026 | Improvements Assessment | $629,316 CAD |
| Land Assessment | $564,393 CAD | Total Assessment | $1,193,709 CAD |
Property Taxes
Parcel Number
231-16-026
Land Assessment
$564,393 CAD
Improvements Assessment
$629,316 CAD
Total Assessment
$1,193,709 CAD
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Investment Opportunity | 23100 Lorain Rd
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