Freestanding For Sale • 9,703 SF
100% Occupied, 9,703 SF 5-Tenant Strip Center in Affluent Cleveland Suburb |
$16.29/SF NNN Average Rent | Long-Term Rent Growth Upside |
Between Brand-New Starbucks, Longstanding Taco Bell; Across from Super-Regional Mall |
8% Offering CAP Rate; 8.4% CAP if Self-Managed |
17,700 Cars/Day on Area’s #1 Retail Corridor | Excellent Visibility/ Frontage/Access |
8.36% Year 1 Cash/Cash Return, 11.67% Total Return, with Projected Bank Financing |
Parking Available: | Yes |
Reserved: | No |
Spaces Provided: | 40 |
Type: | Surface |
Included in Rent: | Yes |