30426-30436 Euclid Ave - Storefront Retail/Office FOR SALE
Wickliffe, OH 44092 |
30426-30436 Euclid Ave
Wickliffe, OH 44092
HIGHLIGHTS
- Value Add Component: This asset is just under 80% occupied, allowing a new owner to benefit from lease up efforts and extending leases.
- Short Term Leases & Lease Conversion: This property benefits from having short term leases and MG or G leases.
- Limited Day One Capital Expenditures: Owner has recently completed new exterior paint jobs, cosmetic façade improvements, and much more
- Well Below Replacement Cost: At below $50 PSF offering price, this asset is drastically below replacement cost.
- Strong Area Demographics: This asset is positioned in the heart of a very dense and high demographic trade area.
- This asset supports a market with a strong daytime population and heavy car traffic.
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
Wick-Willo Mall
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront Retail/Office
TOTAL BUILDING SIZE
26012
STORIES
2
YEAR BUILT
1974
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
29-B-003-G-00-038,29-B-003-G-00-039
