Elyria Retail Center
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PROPERTY ADDRESS
401-427 Cleveland St., Elyria, OH 44035
PROPERTY INFORMATION
Price:
$2,210,000
Cap Rate:
9.0%
Term Remaining:
5 Years
Status:
Closed
INVESTMENT SUMMARY
– Fully Occupied Strip Center on Cleveland Street . No Vacancies for 3+ Years
– Excellent Historical Occupancy – Multiple Tenants with Over 30 Years at Site
– Six of Nine Tenants been in the Property Since before 2000.
– Anchored by Advance Cash with 4 Years Remaining on the Lease.
– High Traffic drives Traffic from Grocery Mart to the Center for Co-Tenants.
– Center has Enjoyed 50 Years of Stabilized Occupancy.