Cable Crossing Shopping Center

902-914 N Cable Rd, Lima, OH

$3,456,808

Price

8%

Cap Rate

$276,545

NOI

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Street
Map
Overview
Cap Rate
8%
NOI
$276,545
Building Size
38,707 sqft
Lot Area
2.434 acres
Occupancy
100%
Units
8
Year Built
1965
Floors
2
Parking Spots
136
Description

Qualified investors now have the opportunity to acquire Cable Crossing Shopping Center, a 37,454-square-foot retail gem situated in a prime retail corridor serving the growing city of Lima, Ohio. The Property is available at an attractive rate of $92 per square foot, and a cap rate of 8.00% for a purchase price of $3,456,808.


The property is located in a retail corridor of Lima, OH and is situated at a signalized intersection of two main thoroughfares. The combined traffic counts are nearly 25,000 AADT.

Highlights
  • - 38,707 SF building with 8 units
  • - Zoned Commercial / Retail
  • - 100% occupancy
  • - Prime retail investment opportunity
  • - Well-maintained, updated property
  • - Established rental income
  • - Strong tenant mix
  • - Excellent visibility and access
  • - Proven track record of success
  • - Attractive historical building
Documents
Location
Gallery