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255-259 Richmond St 1,266 SF of Retail Space Available in Painesville, OH 44077
Highlights
- Located on Richmond Street with easy access to Route 2 and major local thoroughfares.
- End cap position with Dunkin Donuts as a co-tenant, driving consistent customer traffic.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,266 SF | 1-10 Years | Upon Request Upon Request Upon Request Upon Request | Modified Gross |
1st Floor
This retail opportunity is located on Richmond Street between Axtell and Prospect in Painesville, Ohio. The property offers up to 1,266 square feet of available space within a building anchored by Dunkin Donuts on the end cap. Positioned near Route 2, the site benefits from strong visibility and convenient access for both local and regional traffic. Monument signage is available, enhancing exposure for tenants. The surrounding trade area features a robust mix of national and regional retailers, including Walgreens, Family Dollar, Boost Mobile, Urban Demand, Sheetz, Chipotle, Taco Bell, McDonald’s, Jimmy John’s, and Wingstop. This co-tenancy creates a steady flow of consumer traffic and supports a wide range of retail uses. Painesville is a growing community with a population exceeding 75,000 within a five-mile radius and strong household incomes, making this location well-suited for businesses seeking to capture both daily needs and destination-driven shoppers.
- Listed rate may not include certain utilities, building services and property expenses
- Partially Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Monument signage available
- Surrounded by national brands
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.
Select Tenants at 255-259 Richmond St, Painesville, OH 44077
- Tenant
- Description
- US Locations
- Reach
- Dunkin'
- Donut Shop
- 11,778
- International
| Tenant | Description | US Locations | Reach |
| Dunkin' | Donut Shop | 11,778 | International |
Property Facts
| Total Space Available | 1,266 SF | Total Land Area | 0.16 AC |
| Property Type | Retail | Year Built | 2005 |
| Gross Leasable Area | 4,932 SF | Parking Ratio | 7.4/1,000 SF |
| Total Space Available | 1,266 SF |
| Property Type | Retail |
| Gross Leasable Area | 4,932 SF |
| Total Land Area | 0.16 AC |
| Year Built | 2005 |
| Parking Ratio | 7.4/1,000 SF |
Features and Amenities
- Pylon Sign
- Signage
- Drive Thru
Nearby Major Retailers
Presented by
255-259 Richmond St
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