PROPERTY HIGHLIGHTS + ECONOMIC DRIVERS

Direct access (I-90 & US Route 7) with prominent visibility
Part of new master-planned off-ramp development project
Exceptional market demand for lodging (year round)
Highly desirable location with access to key markets
Underserved hospitality submarket w/ limited competition
Proximity to recreational activities (all seasons)
Major economic regional growth
Traffic counts peaking 37,000 vehicles per day
High occupancy potential with year-over-year upside

We are pleased to offer a prime hospitality pad-site development opportunity located along the I-90 corridor at a newly developed master-planned off-ramp location in Conneaut, Ohio. The property is strategically located at the OHIO/PENN State-line, midway between Cleveland, OH and Buffalo, NY. Conneaut’s central location stands as an entry-gateway into key markets capturing East and Westbound traffic, servicing as a major arterial corridor that connects Midwestern Region and East Coast metropolitan areas.

The NE Ohio lodging submarket has a unique mix of economic demand generators including expansion of port activity. Ashtabula County hosts a vast array of private businesses and large employers which have paved the way to major growth in the manufacturing sector and many other expanding industries. The site is situated in close proximity to entertainment and year round recreational activities luring travelers
from far regions.

By investing in this prominent new development opportunity, a qualified hotel operator with the right franchise flag will capitalize on the profitability of an underserved high demand market with limited surrounding competition.