922 State Route 28 - Freestanding FOR SALE


Milford, OH 45150
$2,890,000 USD
216-264-2000
922 State Route 28, Milford, OH for Sale
$2,890,000 USD
Freestanding - FOR SALE
1/3
null | 7.5% Cap Rate

922 State Route 28
Milford, OH 45150


HIGHLIGHTS

  • 100% Occupancy - Diverse Tenant Mix and National Brands
  • Majority of Tenants Have Annual Increases or Options with Increases Providing Long Term NOI Growth
  • All tenants subject to NNN leases with 100% recovery of landlord operating expenses
  • Easy to lease small shop spaces with shallow bays and good frontage/visibility from heavily trafficked corridor
  • Tenant roster includes well-known national brands such as CheckSmart & Papa John’s, alongside regional & local businesses like Animal Medical Centre
  • Reasonable Rents at an Average of $14.59/SF

FOR SALE DETAILS

PRICE

$2,890,000 USD

PRICE/SF

$284 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

1.36 AC

LAND SF

59,242 SF

ZONING

Retail

APN/PARCEL ID

18-40-17.-004

ASK ABOUT THIS PROPERTY

Scott WilesMarcus & MillichapMore Info
216-264-2000

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Scott WilesMarcus & MillichapMore Info
216-264-2000

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