Warren Commons

2901 Market Street, Warren, PA

$5,890,000

Price

8.25%

Cap Rate

$486,252

NOI

Overview
Cap Rate
8.25%
NOI
$486,252
Building Size
46,465 sqft
Lot Area
23.9 acres
Occupancy
91%
Year Built
2006
Tenancy
Multiple
Parking Spots
174
Investment Strategy
Value Add
Description

Mid-America Real Estate Corporation, in cooperation with Benjamin J. Wineman and ECHO Retail (both licensed Pennsylvania real estate brokers), has been retained on behalf of the owner to sell the 100% fee simple interest in Warren Commons, a 46,465 square foot community shopping center located in Warren, Pennsylvania. Warren Commons is a 91% leased shadow anchored shopping center that features a solid tenant lineup including Dollar Tree, Snap Fitness, Maurices, Kay Jewelers, and Rent One.

Highlights
  • STRONG SHADOW ANCHORS
  • ESTABLISHED LOCATION
  • VALUE-ADD OPPORTUNITY
  • RECENT LEASING MOMENTUM
  • ATTRACTIVE ASSUMABLE DEBT
Documents
Title
Flyer
Offering Memorandum
* Documents permissions are set by the listing owner, request information to access locked documents.

Location
Gallery