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Property For Sale Listing 169123

Strongsville Pointe Shopping Center

Status as of Aug-30-2008 at 01:21 AM: Active

Property Summary

Strongsville Pointe is a 41,019 square foot shopping center located in the affluent Strongsville suburb of Cleveland, Ohio. Currently housing 20 retail spaces, Strongsville Pointe consists of a 35,059 square foot strip center and two free standing buildings which offer 1,960 and 4,000 square feet. With a well established roster of national, regional, and local tenants such as Boston Market and Liberty Mutual, Strongsville Pointe has retained a loyal client base. This well designed center offers visitors easy access, with a signalized entry and ample parking with 221 spaces. The majority of the tenants are on triple net leases and are paying below market rents, thus offering an opportunity to capitalize on a tremendous amount of rental upside. Strongsville Pointe is currently on a ground lease until October 31, 2083.


Categories

Property Types: Shopping Centers For Sale
Retail-Commercial Properties For Sale
Location: Midwest States Commercial Real Estate
Cleveland Commercial Real Estate
Ohio Commercial Real Estate
United States Commercial Real Estate
Other: Buildings For Sale
Investment Properties
Investment Property For Sale

Location

Classification: United States // Midwest States // Ohio // Cleveland

Price

Price Classification: Between $2.5 Million and $5 Million
Asking Price: $2,985,000

Property Type

Classification: Retail-Commercial Properties
Type: Shopping Center
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