2825-2893 N Ridge Rd - Retail FOR SALE
Ashtabula, OH 44004 |
$3,200,000 USD
216-777-2153
2825-2893 N Ridge Rd
Ashtabula, OH 44004
HIGHLIGHTS
- Prime Retail Corridor: Situated within the primary retail corridor of Ashtabula, Plaza East is placed strategically to compliment nearby retailers.
- Value Add: Plaza East is being offered 76% occupied, with significant opportunity to boost NOI upon lease up of vacant space.
- Strong Leasing Momentum: Just over the past year, we have successfully added three new tenants to the Plaza
- Destination Real Estate: Opportunity to own in one of the fastest growing marketing in Northeast Ohio
- Priced Below Replacement Cost: This asset is priced well below the replacement cost, at an attractive price per square foot of $65 PSF.
- Surrounding New Developments: Over just the past few years, there has been several major retailers breaking ground in the Ashtabula market
FOR SALE DETAILS
PRICE
$3,200,000 USD
PRICE/SF
$67 USD /SF
CAP RATE
Request Cap Rate
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Plaza East
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2003
SPRINKLERS
-
PARKING SPACES
142
LAND DETAILS
LAND ACRES
3.17 AC
LAND SF
138,085 SF
ZONING
Local Business District
APN/PARCEL ID
030120007500
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
216-777-2153
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
Please correct the highlighted field(s).
216-777-2153
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
