Former Rite Aid

For Lease

325 East Waterloo Road, Akron, OH 44319

You can currently find 1 retail space(s) available for lease at Former Rite Aid. Designated use type for space listed here includes retail. Current retail listings at this property total 11,585 square feet. Lease type options include NNN. Expand the listing and property details below for additional information on leasing opportunities at Former Rite Aid.

Space Available For Lease 1

Contacts

broker

Mike West

Encore Real Estate Investment Services

Property Details

  • Property Type Retail - Freestanding
  • Property Size 11,585 SF
  • Lot Size 1.03 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Single Tenant
  • Year Built 2004
  • Date Updated Sep 14, 2024
Nestled in the heart of Northeast Ohio, Akron is a thriving city known for its rich history, diverse culture, and robust economic landscape. The area surrounding the property offers a dynamic environment perfect for an office or office building, with convenient access to a host of amenities and attractions, Akron is renowned for its innovation, particularly in the fields of polymers and advanced materials, earning it the nickname "Polymer Valley." The proximity to The University of Akron, a leading institution in polymer research, provides a continuous pipeline of talent and collaboration opportunities. The area boasts excellent transportation links, including immediate access to major highways such as I-77 and I-76, facilitating easy commutes to Cleveland, Canton, and beyond. Akron-Canton Airport is just a short drive away, offering convenient business travel options. For a break from the workday, the location is near several cultural and recreational hotspots. The Akron Art Museum and the E.J. Thomas Performing Arts Hall offer enriching cultural experiences, while the Akron Zoo and Stan Hywet Hall & Gardens provide delightful escapes into nature and history. The Cuyahoga Valley National Park, with its scenic trails and outdoor activities, is also within easy reach, offering a perfect retreat for outdoor enthusiasts. The area is part of a revitalized downtown Akron, featuring a mix of retail, dining, and entertainment options. Nearby, the Akron Global Business Accelerator supports startups and businesses, fostering a vibrant entrepreneurial ecosystem. The local economy benefits from a diverse mix of industries, including healthcare, manufacturing, and education, ensuring stability and growth potential for businesses. Investing in an office or office building in Akron means becoming part of a community that values innovation, connectivity, and quality of life, making it an ideal location for your business to thrive.Discover an exceptional opportunity with this impressive 11,585 SF free-standing building, strategically located in Akron, OH. Built in 2004, this property offers a modern and well-maintained space perfectly suited for retail endeavors. With ample square footage and a prime location, this building presents an ideal canvas for creating a flagship retail destination in the vibrant Akron area. The property's attractive features and strategic positioning make it an excellent investment opportunity for those seeking a retail or free-standing building space to establish or expand their business presence. This property is primed to elevate your retail ambitions and captivate customers in this dynamic market..

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Highlights

  • 11,585 Sf free-standing site located on 1.03 acres of land
  • Lighted intersection |Drive-thru equipped | Constructed in 2004
  • Asking rent: $15 + NNN
  • Ideal for conversion to other retail or healthcare use
  • Total population exceeds 185,767 people within 5 miles
  • Minutes from University of Akron Campus | STEM focused institution
  • 4 miles from Nationally ranked Summa Akron City Hospital | Teaching Hospital with 750 acute beds
  • Average household income is in excess of $68,831 within one mile

Getting around

  • 74/100

    Walk Score ®

  • 29/100

    Transit Score ®

  • 47/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Akron, OH
  • Neighborhood Firestone Park
  • Zip Code 44319
  • Market Cleveland Akron

Points of Interest

  • Rides 4 Less

    1.62 miles

  • Akron Northside

    4.17 miles

  • Anytime Taxi Cab

    6.22 miles

  • Pit Stop

    0.52 miles

  • Speedway

    0.57 miles

  • Sheetz

    0.64 miles

  • Marathon

    0.68 miles

  • Circle K

    1.46 miles

  • BP

    1.62 miles

  • ChargePoint

    8.98 miles

  • Loomis Electric Parking

    0.30 miles

  • Lot 11

    1.06 miles

  • Lot 10

    1.08 miles

  • Lot 17

    1.13 miles

  • Lot 3

    1.14 miles

  • Lot 4

    1.15 miles

  • Lot 13

    1.19 miles

  • Lot 6

    1.19 miles

  • Lot 14

    1.23 miles

  • Lot 15

    1.29 miles

  • Papa John's

    0.07 miles

  • Mi Casa

    0.09 miles

  • Hungry Howie's

    0.12 miles

  • House of Hunan

    0.19 miles

  • waterloo

    0.19 miles

  • Italo's

    0.26 miles

  • Burger King

    0.28 miles

  • Rally's

    0.30 miles

  • Pizza Hut

    0.71 miles

  • Taqueria El Paso

    0.81 miles

  • Marc's

    0.16 miles

  • Big Lots

    0.24 miles

  • Giant Eagle

    0.34 miles

  • El Canelo

    0.80 miles

  • Save-A-Lot

    1.24 miles

  • ALDI

    1.39 miles

  • Acme Fresh Market #14

    2.23 miles

  • Walmart Supercenter

    2.87 miles

  • Kohl's

    3.03 miles

  • Target

    3.30 miles

325 East Waterloo Road Listing Brief

  • A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.

    325 East Waterloo Road is located in Firestone Park, which is home to a total of 2 listing(s). Retail space at Former Rite Aid asks $15.00/SF/YR per square foot.

  • The property includes 11,585 square feet of retail space for lease. Of this total, 11,585 square feet are Retail.

    Lease agreement conditions for the availability at this property include NNN.

    For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.

  • You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.

    Knowing your ideal customer is essential. For your consideration, the average age of residents in Firestone Park is 36. The average household income here is $52,186 per year.

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Mike West

Encore Real Estate Investment Services

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  2. 2Extra information