- For Sale $2,584,000
- Property Type Retail - Street Retail
- Property Size 10,112 SF
- Lot Size 1.49 Acre
- Year Built 2000
- Date Updated Oct 5, 2026
Description
Norwalk, Ohio is the county seat of Huron County and a well-established community in north-central Ohio, strategically positioned approximately 15 miles south of Lake Erie, 20 miles south of Sandusky, and 55 miles west of Cleveland. The city serves as an important commercial, employment, and service hub for Huron County and the surrounding communities. Norwalk benefits from convenient access to several major regional transportation routes, including U.S. Route 20, U.S. Route 250, and State Route 61, while nearby access to the Ohio Turnpike (I-80/I-90) provides connectivity throughout northern Ohio and to major Midwest markets.
Norwalk features a diverse local economy supported by manufacturing, healthcare, retail, education, and service-oriented industries. The city’s primary commercial corridors offer a strong mix of national retailers, restaurants, grocery stores, financial institutions, and local businesses that serve both Norwalk residents and consumers from surrounding communities. As the Huron County seat, Norwalk is also home to important government, healthcare, and professional services, helping establish the city as a regional destination for employment and everyday needs.
The surrounding region benefits significantly from its proximity to the Lake Erie and Sandusky tourism corridor. Cedar Point, one of the country’s premier amusement parks and a major tourism driver for northern Ohio, is located approximately 20 miles north in Sandusky. The broader Lake Erie region attracts millions of visitors for amusement parks, boating, fishing, beaches, recreation, and seasonal tourism, supporting additional traffic and economic activity throughout the area. Norwalk is also within convenient driving distance of other regional destinations and employment centers, including Sandusky, Mansfield, Toledo, and the greater Cleveland metropolitan area.
With its central location, strong regional roadway network, established commercial base, and proximity to major northern Ohio employment and tourism destinations, Norwalk provides an attractive environment for retail and commercial investment. The city’s role as the county seat, combined with its accessibility to the Ohio Turnpike and the Lake Erie corridor, allows Norwalk to serve a broader trade area extending beyond its immediate population..
Highlights
- Absolute Net Lease: ZERO landlord responsibilities.
- Established Retail Corridor: The property is positioned along Milan Avenue, one of Norwalk’s primary commercial corridors, with approximately 13,976 vehicles passing the site daily.
- Long-Term Operating History: CVS has operated at the subject property since 1999, demonstrating more than 25 years of commitment to this established Norwalk location.
- Significant Rent Growth In First Renewal Option: Lease features ten (10), five-year renewal options, providing significant long-term occupancy potential, with a 20% rent increase in the first five-year renewal option.
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Contacts
Michael Gaggo
Encore Real Estate Investment Services
Location
Contact Listing Broker
Michael Gaggo
Encore Real Estate Investment Services