2464 Medina Road

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2464 Medina Road

Medina, OH 44256
Asking Price
$2.30M
Asset Type
Retail
Class
Class B

What's Special

2464 Medina Road is situated along State Route 18, a high-traffic commercial corridor in Medina, Ohio. The property is positioned within a dense retail landscape characterized by a mix of national big-box retailers, professional service centers, and dining establishments. It sits approximately three miles west of the Interstate 77 interchange, providing direct regional connectivity to Akron and Cleveland. Local accessibility is supported by multiple ingress points along Medina Road, serving a growing suburban population and high daily vehicle counts. The site is suited for various retail and service-oriented applications, including specialty shops, showrooms, or consumer services. Its location provides visibility necessary for businesses requiring high brand exposure and consistent foot traffic. Typical tenants for this asset class include regional franchises, medical outpatients, and retail operators seeking proximity to established shopping destinations. The layout and zoning support businesses that benefit from a mix of residential proximity and a well-developed commercial infrastructure.

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NOI
$80,000
Cap Rate
3.48%
DSCR
0.59
Underwater
Cash-on-Cash
-8.20%
Monthly Payment
$11,379.145
Annual Cash Flow
$-56,549.741

Location & Travel Times