La-Z-Boy

Highlights:

• La-Z-Boy Has Occupied The Site Since 2005 and Recently Executed a 6-Year Lease Renewal Through 2031
• 20,000 SF Free-Standing Retail Store Located On 1.73 Acres
• Triple Net Lease - Landlord Responsible for Exterior Load Bearing Walls and Foundation
• Tenant Plans to Remodel the Store Within the Next Year, Upgrading to the Latest Prototype Design
• High-Visibility Site Along Mentor Avenue with Traffic Counts Exceeding 20,000 Vehicles/Day | Positioned Directly Across from Great Lakes Mall
• Cleveland MSA: Over 105,000 People Within 5 Miles
• Average Household Income In A 5-Mile Radius Exceeds $97,000

Description:

La-Z-Boy

Mentor is the largest city in Lake County, Ohio. The population was 47,450 at the 2020 census. It is part of the Cleveland metropolitan area. The city is home to Headlands Beach State Park, the longest public swimming beach in Ohio.

The city is a major center of retail stores and restaurants. Mentor Avenue (US 20) is the city's commercial corridor, which includes Great Lakes Mall, and additional shopping is found along most major roads. Manufacturing in the city includes medical products, polymers, plastics, electric boards, and other peripherals that generally serve the computer and automation industries. Convenient Food Mart and medical equipment company Steris are based in Mentor. CSX Transportation and Norfolk Southern railroads both pass through the city.

Cleveland is the county seat of Cuyahoga County. Located along the southern shore of Lake Erie, it is situated across the Canada–U.S. maritime border and approximately 60 miles west of the Ohio–Pennsylvania state border. Cleveland is the most populous city on Lake Erie and second-most populous city in Ohio with a population of 372,624 at the 2020 census, while the Cleveland metropolitan area with an estimated 2.17 million residents is the 34th-largest metropolitan area in the United States.

Cleveland is a port city, connected to the Atlantic Ocean via the St. Lawrence Seaway. Its economy relies on diverse sectors that include higher education, manufacturing, financial services, healthcare, and biomedicals. Designated as a global city by the Globalization and World Cities Research Network, Cleveland is home to several major cultural institutions, including the Cleveland Museum of Art, the Cleveland Museum of Natural History, the Cleveland Orchestra, the Cleveland Public Library, Playhouse Square, and the Rock and Roll Hall of Fame, as well as Case Western Reserve University. The city's major league professional sports teams include the Cleveland Browns, the Cleveland Cavaliers, and the Cleveland Guardians.