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Learwood Square Shopping Center 375 Lear Rd

1,200 - 3,092 SF of Retail Space Available in Avon Lake, OH 44012

Highlights

  • 1,200 SF - 1,892 SF Available
  • 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 $134,327
  • 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, Onyx Health Club and more

Space Availability (2)

Display Rent as

  • Space
  • Size
  • Term
  • Rent
  • Service Type
  • 1st Floor, Ste 375-M
  • 1,200 SF
  • Negotiable
  • Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application
  • TBD
Space Use
Retail
Condition
Partial Build-Out
Availability
Now
  • Partially Built-Out as Standard Retail Space
  • Located in-line with other retail
  • 1st Floor, Ste 377-V
  • 1,892 SF
  • Negotiable
  • Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application
  • TBD
Space Use
Retail
Condition
Partial Build-Out
Availability
Now
  • Partially Built-Out as Standard Retail Space
  • Located in-line with other retail
Space Size Term Rent Service Type
1st Floor, Ste 375-M 1,200 SF Negotiable Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application TBD
1st Floor, Ste 377-V 1,892 SF Negotiable Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application TBD

1st Floor, Ste 375-M

Size
1,200 SF
Term
Negotiable
Rent
Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application
Service Type
TBD
Space Use
Retail
Condition
Partial Build-Out
Availability
Now

  • Partially Built-Out as Standard Retail Space
  • Located in-line with other retail

1st Floor, Ste 377-V

Size
1,892 SF
Term
Negotiable
Rent
Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application
Service Type
TBD
Space Use
Retail
Condition
Partial Build-Out
Availability
Now

  • Partially Built-Out as Standard Retail Space
  • 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 agent 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
  • 5,164
  • International
  • CVS pharmacy
  • Drug Store
  • 10,840
  • National
  • Giant Eagle
  • Supermarket
  • 313
  • Regional
  • Pizza Hut
  • Retailer
  • -
  • -
  • Starbucks
  • Retailer
  • -
  • -
  • Subway
  • Retailer
  • -
  • -
Tenant Description US Locations Reach
Ace Hardware Hardware 5,164 International
CVS pharmacy Drug Store 10,840 National
Giant Eagle Supermarket 313 Regional
Pizza Hut Retailer - -
Starbucks Retailer - -
Subway Retailer - -

PROPERTY FACTS FOR 375 Lear Rd , Avon Lake, OH 44012

Property Type Retail
Property Subtype Storefront Retail/Office
Gross Internal Area 74,389 SF
Total Land Area 7.05 AC
Year Built 1987
Parking Ratio 6.35/1,000 SF

About the Property

Established neighborhood shopping center anchored by Giant Eagle

  • Pylon Sign
  • Restaurant
  • Signage
  • Signalised Intersection

Nearby Major Retailers

KeyBank
Starbucks
Fifth Third Bank
  • Listing ID: 25244944

  • Date on Market: 14/03/2022

  • Last Updated:

  • Address: 375 Lear Rd, Avon Lake, OH 44012

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