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Learwood Square Shopping Center 375-409 Lear Rd 1,892 - 6,892 SF of Retail Space Available in Avon Lake, OH 44012
HIGHLIGHTS
- Two Spaces Available: 1,892 SF & 5,000 SF
- Located at the hard corner intersection of Lear Road and Walker Road
- Avon Lake is an affluent suburb, top ranked in Lorain County with average household incomes of $185,396
- Established neighborhood shopping center anchored by Giant Eagle
- Major co-tenants include CVS, ACE Hardware, Kindercare, Key Bank, Peter & Co. Jewelers, Avon Lake Yoga & Spa, and more
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 375-J | 5,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste 377-C | 1,892 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
375 Lear Rd - 1st Floor - Ste 375-J
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
377 Lear Rd - 1st Floor - Ste 377-C
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT LEARWOOD SQUARE SHOPPING CENTER
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Ace Hardware
- Hardware
- 4,594
- International
- CVS pharmacy
- Drug Store
- 9,804
- National
- Giant Eagle
- Supermarket
- 269
- Regional
- Pizza Hut
- Retailer
- -
- -
- Starbucks
- Retailer
- -
- -
- Subway
- Retailer
- -
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Ace Hardware | Hardware | 4,594 | International |
| CVS pharmacy | Drug Store | 9,804 | National |
| Giant Eagle | Supermarket | 269 | Regional |
| Pizza Hut | Retailer | - | - |
| Starbucks | Retailer | - | - |
| Subway | Retailer | - | - |
PROPERTY FACTS
| Total Space Available | 6,892 SF | Center Properties | 7 |
| Center Type | Neighborhood Center | Gross Leasable Area | 102,180 SF |
| Parking | 1059 Spaces | Total Land Area | 84.88 AC |
| Stores | 21 | Year Built | 1987 |
| Total Space Available | 6,892 SF |
| Center Type | Neighborhood Center |
| Parking | 1059 Spaces |
| Stores | 21 |
| Center Properties | 7 |
| Gross Leasable Area | 102,180 SF |
| Total Land Area | 84.88 AC |
| Year Built | 1987 |
ABOUT THE PROPERTY
Established neighborhood shopping center anchored by Giant Eagle
- Pylon Sign
- Restaurant
- Signalized Intersection
NEARBY MAJOR RETAILERS
Presented by
Learwood Square Shopping Center | 375-409 Lear Rd
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