100% Occupied, 106,042 SF 3-Tenant Grocery-Anchored Community Shopping Center in Wooster, OH |
Complete Renovation from 2019-2022 with All-New Leases, Build-outs & Extensive Capital Improvements |
Seller has Invested Over $3 Million in CapEx Including New Roof, All-New HVAC, Storefronts, Exterior Paint & Extensive New Built-Outs |
Anchored by Marc’s (47.3% of GLA) on NNN Lease thru July 2029; 2022 Sales Exceeded Percentage Rent Breakpoint – Contact Agent for Details |
Marc’s has Upcoming 7% Rent Increase in August 2024 (+$0.50/SF, +$25,096 Annually) |
Ollie’s Bargain Outlet (37% of GLA) – Leased thru March 2028; Reports Strong Sales with Low 6.4% Rent-to-Sales Ratio |