Contacts
Goodman Real Estate Services Group
Property Details
- Property Type Office
- Property Size 20,082 SF
- Cap Rate % 9.75
- Date Updated Aug 27, 2026
Tremendous Value Add – 100% Lease-up Projections Adds Over $500,000 of Value Prime Location – Southeast Corner of Oak Point Road and Park Square Drive Regional Location – Located Just North of I-90 Across From Target and Lowe’s Growing Commercial Market – Surrounded by Retail and Healthcare including Starbucks, Akron Children’s Hospital, Cleveland Clinic, Crumbl, Panera, and More Attractive Pricing – Priced at 9% Cap Rate on 82% Leased NOI / No Proforma Rent Rare Offering – First Time Sale by Original Developer
SUMMIT 1: 14,069 SF SUMMIT 2: 6,013 SF
Reach out to the broker for more info on lease terms and amenities
Getting around
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34/100
Walk Score ®
-
35/100
Bike Score ®
Location
- City Lorain, OH
- Zip Code 44053
- Market Cleveland Akron
Points of Interest
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Elyria
7.96 miles
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Shell
0.25 miles
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Pure
1.20 miles
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Speedway
1.50 miles
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Marathon
1.53 miles
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Meijer
1.56 miles
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Sunoco
1.57 miles
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GetGo
1.69 miles
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Truck Parking
2.45 miles
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Bus Parking
2.45 miles
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RV Parking
2.47 miles
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Car Parking
2.51 miles
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Parking Lot 12
7.90 miles
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Equestrian Center and Nielsen Observatory Parking
9.30 miles
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Sandstone Suites
1.20 miles
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Days Inn by Wyndham Amherst
1.45 miles
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Motel 6 Amherst, OH - Cleveland West - Lorain
1.45 miles
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Ariel Broadway Hotel
4.91 miles
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Quality Inn
6.24 miles
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Country Inn & Suites
6.28 miles
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Best Western Inn
6.31 miles
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Red Roof
6.34 miles
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Camelot Inn
6.47 miles
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Hampton Inn & Suites Elyria
6.55 miles
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Target
0.22 miles
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Meijer
1.43 miles
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ALDI
1.64 miles
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Giant Eagle
1.74 miles
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Kohl's
1.80 miles
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Save-A-Lot
1.88 miles
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Walmart Supercenter
1.94 miles
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Big Lots
2.96 miles
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Apples
3.43 miles
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Vermilion Farm Market
3.44 miles
Goodman Real Estate Services Group