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11702 Lorain Ave
Cleveland, OH 44111
Former Rite Aid · Retail Property For Sale

Investment Highlights

  • Freestanding 11,142 SF former Rite Aid Available For Lease on 1.2 AC
  • The property has 147.09’ of frontage along Lorain Ave
  • Average household incomes of $77,206 within a 5-mile radius
  • Nearby retailers include Target, Giant Eagle, Key Bank, GetGo, Dunkin’, Rent-A-Center, Family Dollar, Aaron’s Furniture and Cleveland Public Library
  • Zoning: Local Retail (LR-C1)
  • Traffic counts of 28,496 VPD along W 117th St and 12,214 VPD along Lorain Ave (Source: ODOT TIMS)

Property Facts

Property Type
Retail
Property Subtype
Drug Store
Building Size
11,142 SF
Building Class
C
Year Built
1999
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
1.20 AC
Zoning
Retail
Parking
16 Spaces (1.44 Spaces per 1,000 SF Leased)
Frontage
137’ on Geraldine Avenue

Property Taxes

Property Taxes

Parcel Number
021-22-008
Land Assessment
$313,600
Improvements Assessment
$1,187,300
Total Assessment
$1,500,900
  • Listing ID: 31291710

  • Date on Market: 3/21/2024

  • Last Updated:

  • Address: 11702 Lorain Ave, Cleveland, OH 44111

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