1064 State Route 28 - Freestanding FOR SALE
Milford, OH 45150 |
$4,190,000 USD
312-269-0220
1064 State Route 28
Milford, OH 45150
HIGHLIGHTS
- Stabilized Investment Opportunity; 100% leased multi-tenant retail opportunity with excellent frontage along State Route 28, seeing 41,607+ VPD
- Shadow Anchored Center; Property is a direct outlot to Meijer and Home Depot, along with being surrounded by multiple other national retail tenants
- Strong Demographics; Located in a densely populated and affluent area with 75,768+ residents and an average hh income of $134,100 within 5 miles
- Strong Tenant Mix; Complimentary mix of national retailers all signed to landlord-favorable net leases, with additional option periods in place
- High Historical Occupancy; Four of the six current tenants have been operating at this location for 10+ years showing the tenants’ strong commitment
FOR SALE DETAILS
PRICE
$4,190,000 USD
PRICE/SF
$409 USD /SF
CAP RATE
7%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2008
SPRINKLERS
-
PARKING SPACES
67
LAND DETAILS
LAND ACRES
1.25 AC
LAND SF
54,450 SF
ZONING
429-C
APN/PARCEL ID
18-25-16D-278
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312-269-0220
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312-269-0220
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