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3315 N Ridge Rd E
Ashtabula, OH 44004
3315 N Ridge Rd E · Property For Lease

PROPERTY FACTS

Property Type Retail
Property Subtype Storefront
Gross Leasable Area 686,000 SF
Total Land Area 169.62 AC
Year Built/Renovated 1992/2012

ABOUT THE PROPERTY

The local economy is positively impacted by a strong influx of tourism, especially in the summer, due to its proximity to the lakeshore, bringing over $346 million in tourism dollars to the county Within 2008-09, Ashtabula Towne Square has undergone a major renovation and re-branding. Interior improvements include upgrading of the lighting, facades, flooring and replacing the interior seating. " Ashtabula Towne Square has added many family oriented amenities including a new community room, renovated restrooms (including a family restroom), an Entertainment Zone, cozy soft seating, Outdoor Boating/Camping themed Soft Play Area and a new center court area to host large community events " The exterior has been upgraded with a clean, refurbished parking lot, parking lot lighting, and a new pylon with a state of the art multimedia display " New ownership will be utilizing marketing to make this the center of choice for the region Parking 3,192 Surface Spaces are available; Ratio of 3.38/1,000 SF Frontage1,876' on N Ridge Rd Ashtabula Towne Square, located in the northeast corner of Ohio on Lake Erie near the Pennsylvania border, is approximately 60 miles northeast of Cleveland and is the only enclosed mall within a 45-mile radius " Currently, consumers have to travel 50 to 60 minutes to the nearest competing indoor malls " The population within a 30-mile radius of Ashtabula reflects a stable, mature demographic with a 2.6 average household size that is consistent with the U.S. benchmark, and 71% of the trade area' s residents are homeowners versus 61% nationally " The mall is located at the center of the market' s retail hub with numerous major retailers totaling approximately 1.4 million s.f. including Lowe' s, Wal-Mart Supercenter and The Home Depot " Ashtabula' s market offers a stable and diverse economic base including: KraftMaid Cabinetry, Ashtabula County Medical Center, Molded Fiber Glass Company, Crystal Company, and General Aluminum Manufacturing Company " The county offers a multitude of activities and attractions including boating, fishing, hunting, golfing, camping, bird watching, 15 wineries, 17 covered bridges with the longest covered bridge in the US and much more

  • Signage
  • Listing ID: 4050267

  • Date on Market: 9/25/2016

  • Last Updated:

  • Address: 3315 N Ridge Rd E, Ashtabula, OH 44004

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