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Curaleaf Shops | 2151-2161 Elida Rd

2151 Elida Rd, Lima, OH 45805
Available Now
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FOR SALERetail / Strip Centers
Cap Rate
8.25%
NOI
$211,901
Building Size
14,200SF
Lot Size
1.39Ac
Year Built
1960
Year Renovated
2025
Listing Contacts
Director Investments
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More property details

Parking Info
44 Spaces (3.1 Spaces per 1000 SF Leased)
APN
36-23-11-04-008.000
Occupancy
100%
Tenancy
Multi Tenant
Currently Leased
No
Building FAR
0.23
Property Class
C
No of Stories
1

Location

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Curaleaf Shops | 2151-2161 Elida Rd
About the location

This fully leased investment property is occupied by a diverse mix of tenants under triple-net (NNN) lease structures, providing stable cash flow and minimal landlord responsibilities. A key feature of the asset is the rare corporate guaranty from Curaleaf Holding Co., a subsidiary of Curaleaf Holdings, Inc., the largest cannabis company in the United States and a leading international provider of cannabis consumer products. The property is positioned at a signalized intersection, enhancing visibility, accessibility, and long-term intrinsic value. All leases include scheduled rental increases and multiple renewal options, supporting future income growth. The asset has also undergone a recent remodel with significant building and site improvements, further strengthening its appeal. Strategically located across from the University of Northwestern Ohio, which enrolls more than 2,600 students, and near Lima Mall, the property benefits from strong consumer traffic and a well-established retail environment. Tenants include Curaleaf, FASTSIGNS International—a leading global franchisor specializing in signage and visual communication solutions—and The Spot 419, a locally popular restaurant and nightlife destination. Situated in Lima, Ohio, the property serves a regional market centered within Allen County and benefits from the city's role as a commercial and employment hub for west-central Ohio.

Documents

FILE
Curaleaf Shops Brochure.pdf
3.88 MB · Offering brochure
Curaleaf Shops | 2151-2161 Elida Rd
14,200 SF · retail · United States · OH
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