165K SF PetSmart Anchored Center
165K SF PETSMART ANCHORED CENTER
Greater Cleveland, OH
PRICE Contact Broker
GLA +/- 165K SF
PROPERTY TYPE Shopping Center
CAP RATE 9.0%
OCCUPANCY 73%
YEAR BUILT 1954/1994
Greater Cleveland, OH
PRICE Contact Broker
GLA +/- 165K SF
PROPERTY TYPE Shopping Center
CAP RATE 9.0%
OCCUPANCY 73%
YEAR BUILT 1954/1994
DEMOGRAPHICS
Population 301,374
Per Capita Inc $30,928
Median HH Inc $58,427
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INVESTMENT HIGHLIGHTS
- Huge Value-Add Opportunity: 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
- 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
| Price: | Contact Broker |
| City: | Greater Cleveland |
| State: | OH |
| Square Feet: | +/- 165K SF |
| Price: | Contact Broker |
| Cap Rate: | 9.0% |