Sandusky Plaza

Highlights:

• 185,273 SF Neighborhood Shopping Center Situated On A Substantial 16.4-Acre Parcel - All Pad Sites Included
• 98.25% Occupied, Providing Immediate In-Place Cash Flow With Ideal Flexibility And Upside Potential
• Offered At An Attractive $28.97 PSF Basis, Significantly Below Replacement Cost - Well Below Intrinsic Land Value
• Diverse 29-Tenant Rent Roll - Durable Income Through Broad Tenant Diversification
• Shadowed By National Tenancy Including Dollar Tree, Family Dollar, H&R Block, Rent-A-Center & Boost Mobile
• Hard Corner Main On Main Location Along Cleveland Road (US-6), One Of Sandusky’s Primary Roads To Cedar Point With Strong Daily Traffic Counts Of 10,300+ VPD And Sycamore Line Road With Established Retail Fundamentals
• Positioned Just 4 Miles From Cedar Point (4M Annual Visitors), Benefiting From One Midwest’s Strongest Seasonal Tourism Economies
• Significant Value-Add Upside Through Mark-To-Market Opportunities, Lease Restructuring, And Long-Term Site Repositioning
• One Mile Drive To Firelands Regional Medical Center - 827-Beds - More Than 2,085 Employees | Largest Sandusky Employer

Description:

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Sandusky is the anchor of the “Lake Erie Shores & Islands” Tourism Region which sees Over 11 Million Visitors Annually / $2.1 Billion Annual Impact

Located along the Sandusky Bay shoreline, Sandusky has been named the Best Coastal Small Town in America! This growing destination is home to a world-class amusement park, Cedar Point. It is known as Ohio’s Water Park Capital due to the popularity of year-round indoor water park resorts. In season, ferries and island-hopping cruises depart from downtown daily, including an international ferry terminal offering daily trips to Canada’s Pelee Island. Sandusky surprises with its beautiful parks, downtown architecture, and wealth of history, including its role in the Underground Railroad. Downtown Sandusky offers delicious dining options, quaint shops, art galleries, numerous attractions, and the historic Sandusky State Theatre.

Sandusky County is a growing business hub well-positioned for investment, growth, and development. Strategically located in Northwest Ohio, Sandusky County is a prime location for businesses that are looking to locate/relocate or to expand, offering companies access to a large pool of talented workforce; affordable, flexible, and attractive real estate options; strategic access via an intermodal transportation network; and excellent education options.

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