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W 150th & Lorain Ave 14901 Lorain
34,360 SF of Retail Space Available in Cleveland, OH 44111
Highlights
- Join Ross, Burlington, Five Below, Aldi & Starbucks at the redevelopment of the former Kmart at the high profile intersection of Lorain Ave & W 150th
- The project opened Fall ‘22 with Five Below most recently opening Fall ‘24
- The market has dense population of 142,588 and daytime of 122,281 people in a 3 mile radius
- Up to 34,360 SF former Big Lots, with 160’ frontage potentially divisible
- Combined over 42,000 VPD at the intersection (Source: ODOT TIMS)
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 34,360 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
14901 Lorain Ave - 1st Floor
Former 34,360 SF Big Lots Available
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
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.
SITE PLAN
PROPERTY FACTS FOR 14901 Lorain , Cleveland, OH 44111
About the Property
Former 34,360 SF Big Lots available. Join Burlington, ROSS, Five Below, Aldi & Starbucks! The property is uniquely positioned a regional trade area, servicing the dense Kamms Corner, Lakewood, Fairview Park and near west side with excellent highway accessibility.
Nearby Major Retailers
Presented by
W 150th & Lorain Ave | 14901 Lorain
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