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Property For Sale Listing 169136

Toys R Us Shopping Center

Status as of Sep-6-2008 at 01:21 AM: Active

Property Summary

We are pleased to present the Toys R Us Shopping Center, a 38,832 SF neighborhood shopping center located in Columbus, Ohio. The Toys R Us Shopping Center is currently 93% occupied with an outstanding tenant roster comprised of recognizable national, regional, and local retailers. The subject property is anchored by a 42,000 SF Toys R Us store (owned separately) as well as a Dollar General discount store. 94% of current leases in place are net leases, with steady annual rent escalations built into a significant portion of those leases. The subject property also provides additional upside potential to an owner through leasing of the few in-line vacant spaces at market rents.


Categories

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

Location

Classification: United States // Midwest States // Ohio // Columbus

Price

Price Classification: Between $2.5 Million and $5 Million
Asking Price: $3,975,000

Property Type

Classification: Retail-Commercial Properties
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