2500 W State St - Retail FOR SALE


Alliance, OH 44601
$2,300,000 USD
513-878-7723
2500 W State St, Alliance, OH for Sale
$2,300,000 USD
Retail - FOR SALE
1/5
null | 8% Cap Rate

2500 W State St
Alliance, OH 44601


HIGHLIGHTS

  • 34,230-SF Free-Standing Dunham's next to 2024 New Construction +/- 159,000-SF Meijer Supercenter
  • Former Mall Demolished and Dunham's Relocated to Free Standing Location Twice the Size of the Previous Location With Expanded Departments
  • Nearly $1,000,000 in Dunham's Renovations Completed in 2023
  • Recent 10-Year Extension | Approximately 9 Years of Lease Term Remaining | Four 5-Year Options with Rent Increases Thereafter
  • Tenant Reports Sales Significantly Higher than the National Average
  • Within Close Proximity to other National Tenants including: Meijer, Giant Eagle, Marc’s Grocery, Aldi, Walmart, Lowe’s, Starbucks, TJ Maxx, and More

OVERVIEW

Former Mall Demolished and Dunham's Relocated to Free Standing Location Twice the Size of the Previous Location With Expanded Departments

FOR SALE DETAILS

PRICE

$2,300,000 USD

PRICE/SF

$67 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dunham's Sports

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2 AC

LAND SF

87,120 SF

ZONING

-

APN/PARCEL ID

07701384

ASK ABOUT THIS PROPERTY

Darpan PatelMarcus & MillichapMore Info
513-878-7723

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Darpan PatelMarcus & MillichapMore Info
513-878-7723

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.