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AT&T Plaza 2900-2916 N Ridge Rd E 16,820 SF 100% Leased Retail Building Ashtabula, OH 44004 $1,995,722 ($118.65/SF) 7.25% Cap Rate

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Investment Highlights

  • Long Term Tenants
  • Dynamic Anchor
  • Traffic Counts
  • Upside Potential
  • Strategic Retail Location
  • Strong Demographics

Executive Summary

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the AT&T Plaza located at 2900-2916 North Ridge Road E in Ashtabula, Ohio (the “Property”). The Property consists of a 16,820 square foot building on 1.75 acres of land. The retail plaza features six units and is 85.02% occupied. AT&T anchors the center, which is also home to Lendmark Financial Services, First Cash Inc, Cost Cutters, and a Master Leased unit that will be signed upon close of escrow. In-Place tenants have long tenures at the Property, all with 10+ years of operating history. The AT&T Plaza has a 2,520 square foot vacancy that offers significant upside upon lease-up. The Property is strategically located along North Ridge Road East, one of Ashtabula’s primary commercial corridors, offering strong visibility, frontage, and access. The plaza is situated near the area’s dominant retail anchors, including Walmart Supercenter, Home Depot, Lowe’s, and Ashtabula Towne Square, a regional shopping center featuring national retailers and service-oriented users that serves as a primary retail destination for the market. The location benefits from convenient access to U.S. Route 20, State Route 11, and Interstate 90. Ashtabula is located along the southern shore of Lake Erie in northeastern Ohio and functions as a regional commercial hub for the surrounding communities.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
16,820 SF
Building Class
B
Year Built
1992
Price
$1,995,722
Price Per SF
$118.65
Cap Rate
7.25%
NOI
$144,690
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.22
Lot Size
1.75 AC
Frontage
195’ on Ridge Rd

Amenities

  • Pylon Sign
  • Signage

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Information
  • -
  • -
  • May 2017

AT&T Inc. is a telecommunications company headquartered in Texas. The organization traces its origins to the development of early telephone technology and has evolved into a major provider of broadband, wireless, and network services. Known for its nationwide wireless network and fiber infrastructure, the company supports consumer, business, and public-sector communication needs. It operates through various business units that deliver mobile service, internet connectivity, and related technologies. AT&T manages an extensive network that includes wireless spectrum assets and a growing fiber footprint intended to meet increasing data demands.

  • Services
  • -
  • -
  • -

Supercuts, founded in 1975, is a franchised haircare chain headquartered in Edina, Minnesota. Owned by Regis Corporation, it provides haircuts, styling, color, and related services primarily through franchisees across the U.S. Serving diverse clientele—men, women, and children—Supercuts recorded over 33 million visits annually. Known as a "value salon," it emphasizes efficient, affordable appointments and was ranked the top haircare franchise by Entrepreneur magazine multiple times. In recent years, the brand launched the Supercuts Rewards loyalty program and participated in community initiatives like the 2024 Military Makeover with Montel partnership. Specializing in accessible haircare choices, Supercuts operates as part of Regis Corporation's portfolio while functioning under its recognized trademark.

  • Retailer
  • -
  • -
  • -

FirstCash Holdings, Inc. is the leading international operator of pawn stores and a leading provider of technology-driven point-of-sale payment solutions, both focused on serving cash and credit-constrained consumers. FirstCash’s pawn stores are across the United States and in Latin America, including all the states in Mexico and the countries of Guatemala, Colombia and El Salvador. They sell a wide variety of jewelry, electronics, tools, appliances, sporting goods, musical instruments and other merchandise, and make small non-recourse pawn loans secured by pledged personal property. FirstCash, through its wholly owned subsidiary, AFF, also provides lease-to-own and retail finance payment solutions for consumer goods and services through a nationwide network of active retail merchant partner locations.

  • Finance and Insurance
  • -
  • -
  • -

Lendmark Financial Services is a privately held consumer finance company that provides personal loans, auto loans, and retail merchant financing to individuals seeking structured credit solutions. Founded in 1996, the company began as a subsidiary of First Liberty Bank before later transitioning through ownership changes and expanding its service offerings. Over time, Lendmark has grown its U.S. footprint with numerous branch locations supporting customers who may not have access to traditional bank financing. The organization emphasizes fixed-rate installment lending, predictable repayment structures, and in-person branch accessibility. Its history includes notable milestones such as its formation under First Liberty Bank, subsequent acquisition by BB&T, and later sale to a private equity firm in 2013. Lendmark also engages in philanthropic initiatives, including long-term support for pediatric cancer research.

Tenant Industry SF Occupied Rent/SF Lease End
Information - - May 2017
Services - - -
Retailer - - -
Finance and Insurance - - -

Nearby Major Retailers

Red Lobster
Bob Evans Restaurants
Planet Fitness
Steak ‘n Shake
Snap Fitness

Property Taxes

Property Taxes

Parcel Number
030460004600
Land Assessment
$160,550
Improvements Assessment
$272,130
Total Assessment
$432,680
  • Listing ID: 39389492

  • Date on Market: 2/10/2026

  • Last Updated:

  • Address: 2900-2916 N Ridge Rd E, Ashtabula, OH 44004

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