CVS
106 Milan Avenue, Norwalk, OH 44857
Key features
- 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.
Building Details
- For Sale $2,584,000
- Property Type Retail - Street Retail
- Property Size 10,112 SF
- Lot Size 1.49 Acre
- Additional Rent Price on request
- Year Built 2000
- Date Updated Oct 30, 2026
Reach out to the broker for more info on lease terms and amenities
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Contacts
Encore Real Estate Investment Services
Location
- City Norwalk, OH
- Zip Code 44857
- Market Cleveland Akron
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Walk score 73/100 Very Walkable
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Bike score 46/100 Somewhat Bikeable
Points of Interest
Schild's
0.32 miles
Speedway
0.45 miles
Sunoco
0.82 miles
Friendship Food Stores
0.97 miles
Mickey Mart
1.08 miles
Shell
1.31 miles
BP
4.60 miles
Norwalk Community Center Parking
0.77 miles
Schild's IGA
0.35 miles
La Guadalupana
0.53 miles
Miller's Supervalue
0.55 miles
ALDI
0.55 miles
Big Lots
0.65 miles
Walmart Supercenter
0.79 miles
Dave's Food Mart
0.82 miles
Heartland Plaza
1.61 miles
Listing Summary
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Property Financials 106 Milan Avenue is currently listed for sale at $2,584,000 for a price per square foot of $255.54.
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Property Details 106 Milan Avenue totals 10,112 square feet of Retail space on a lot spanning 1.49 acres. The property was initially built in 2000.
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Area Characteristics In terms of ease of commuting, the area has a walk score of 73, indicating that it is very walkable.
Encore Real Estate Investment Services