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Lorain Plaza Shopping Center 3311 Oberlin Ave 49,636 SF of Retail Space Available in Lorain, OH 44053
Highlights
- Dense population of 14,177 people in a 1 mile radius
- Dense daytime populaiton of 51,638 people in a 3 mile radius
- Located in close proximity to Lighthouse Village, anchored by Walmart, Kohls, Home Depot and more
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1051 | 49,636 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable |
1051-3319 Oberlin Ave - 1st Floor - Ste 1051
- Located in-line with other retail
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
About the Property
Lorain Plaza is a highly visible strip center bordered by two main access roads, Oberlin Avenue and Meister Road. Lorain Plaza features retail stores, a supermarket, and restaurant. At the intersection of Oberlin Avenue and Meister Road, just two miles to Lake Erie via the main north.south artery, Oberlin Avenue. Adjacent to the Lorain Catholic High School. Only minutes from downtown Lorain.
- Pylon Sign
- Restaurant
- Signalized Intersection
Nearby Major Retailers
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Lorain Plaza Shopping Center | 3311 Oberlin Ave
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