Investment Opportunity – Big Lots & Dollar Tree
Sale Price: $1,150,000
Highlights
- Ample parking field and site layout allow for potential pad development or adaptive reuse
- Large format footprint provides future repositioning, subdivision, or redevelopment potential
- Located along Cleveland Street (US-20), a primary retail corridor in Elyria with strong regional accessibility
- Property zoned Business General, allowing for broad retail and commercial flexibility
- Dollar Tree (14,925 SF) operating under a 99-year ground lease providing long-term site stability
- Anchored by Big Lots (63,433 SF) operating under a 7-year initial term (6/1/2025–5/31/2032) with four (4) five-year renewal options
- Multi-Tenant Shopping Center totaling 79,428 SF situated on 7.42 acres with 285 parking spaces
Space Details
- Building Size: 79,579 sqft
- Acres: 6.910