165K SF PetSmart Anchored Center

Interstate 80, Greater Cleveland, OH

Market Price

Price

9%

Cap Rate

165,000 sqft

Building Size

Gallery
Street
Map
Overview
Cap Rate
9%
Building Size
165,000 sqft
Occupancy
73%
Year Built
1954
Year Last Renovated
1994
Description

Huge Value-Add Opportunity Anchored Center Priced at a 9.0% Cap Rate on in-place income (at 73% occupancy), an investor has the ability to significantly increase the income of the Shopping Center by leasing up the remaining 31% of the vacant spaces

Highlights
  • Several Credit Tenants: 74% of the occupied space is leased to national/regional tenants including Dollar Tree, Pet Smart, CSL Plasma, and several others
  • Location: The Shopping Center is located in a Retail Area with many National Retailers and Restaurants
Documents
Title
165K_SF_PetSmart_Anchored_Center__Greater_Cleveland__OH_-_Flyer.pdf
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Location
Gallery