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7793 Mentor Ave
Mentor, OH 44060

$3,375,000 USD

Freestanding For Sale  •  20,000 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 20,000 SF
  • Lot Size 1.73 AC
  • Building Class C
  • Year Built 2005
  • Tenancy Single
  • Zoning B-2, Mentor City
0 Transit Score
61 Walk Score

Highlights

Long-Term, Corporate Guaranteed Net Lease - La-Z-Boy, Inc. (NYSE: LZB), a nationally recognized and publicly traded retailer
Triple Net Lease with Minimal Landlord Responsibilities - Offers investors passive ownership with limited exposure
Future Upside Through Multiple Renewal Options - Lease includes four, five-year renewal options with increases
Tenant Committed to Capital Investment - La-Z-Boy plans to remodel the store within the next year, upgrading to its latest prototype design
High-Visibility Retail Location on Major Commercial Corridor - Positioned along Mentor Avenue (US-20) with traffic counts exceeding 20,000 VPD
Dense, Affluent Cleveland MSA Demographics - Over 105,000 people within 5 miles with average household incomes exceeding $97,000

Amenities

  • Bus Line
  • Signage

Public Transportation

AirportDriveWalkDistance
Cleveland-Hopkins International 51 min - 35.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 70
Type: Surface
Included in Rent: Yes
Deno Bistolarides 248-702-0288 Encore Real Estate Investment Services
Deno Bistolarides 248-702-0288 Encore Real Estate Investment Services