Property For Sale Listing 169142
Streetsboro Market Square
Status as of Nov-20-2008 at 01:25 AM: Active
Property Summary
Built in 1995 and renovated in 2001, the Market Square Plaza presents an excellent opportunity to acquire within a growing submarket with positive forecasted population growth. Currently offering 27 units, this property offers over 167,000 rentable square feet with ample parking, easy ingress/egress, and notable tenants such as Sherwin Williams, Edward Jones, Fashion Bug, and Staples. Most Market Square tenants are on triple net leases, with the exception of two tenants, and currently pay well below market rate, thus presenting an opportunity to capitalize on rental upside in the near future. With nearby major
national tenants such as Walmart and The Home Depot, Market Square Plaza is well positioned to house other major national tenants. The property is currently on a partial ground lease until May 31, 2094.
Categories
Location
| Classification: |
United States // Midwest States // Ohio // Cleveland |
Price
| Price Classification: |
Between $10 Million and $15 Million |
| Asking Price: |
$13,500,000 |
Property Type
| Classification: |
Retail-Commercial Properties |
| Type: |
Shopping Center |
