Property For Sale Listing 169132
Chesterland Square
Status as of Aug-28-2008 at 01:21 AM: Active
Property Summary
We are pleased to present Chesterland Square, a 46,295 SF neighborhood shopping center located in Wooster, Ohio. Chesterland Square is currently 100% leased with a mix of national, regional and local tenants. All leases in place are net leases with options available for all but two tenants. Existing leases in place are long-term in nature with 80% of the center's GLA leased through at least 2010, and the anchor tenant Tractor Supply having an existing lease through 2017.
Chesterland Square is situated along Wooster, Ohio's prime retail corridor. Major retailers in the area include Wal-Mart Supercenter, Lowes, Kohls, JCPenney, Elder Beerman, Dunhams, Staples, Panera, and many more. The subject property is accessible from a number of major highway systems, including US-250, US-30, OH-3, and I-71. Demographics surrounding Chesterland Square are excellent as the 1-mile household income of $71,000 exceeds the national average. In addition, the subject property has a population count of close to 71,000 residents within a ten mile radius. Wooster is an area with impressive new housing construction and commercial growth.
Categories
Location
| Classification: |
United States // Midwest States // Ohio // Other Ohio |
Price
| Price Classification: |
Between $5 Million and $7.5 Million |
| Asking Price: |
$5,275,000 |
Property Type
| Classification: |
Retail-Commercial Properties |
