$2,040,000 USD
216-264-2000
HIGHLIGHTS
- 100% Occupied 10,515 SF Strip Center Positioned Along Madison Avenue – High-Traffic Corridor Through Southport
- Landlord-Favorable Structure with NNN Lease – Tenants Responsible for Taxes, Insurance & CAM
- Located at Hard Corner of Madison Ave and E Southport Rd Seeing 48,000 VPD Combined
- Dense Demographics with 214,000+ Residents Within 5 Miles $83,500 Avg. HH Income
- Grocery Store Renewed a Year Early on a 10-Year Lease
- New Roof in 2025 on Entire Building with 15 Year Warranty
FOR SALE DETAILS
PRICE
$2,040,000 USD
PRICE/SF
$163 USD /SF
CAP RATE
8%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Southport Village Center
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1961
SPRINKLERS
-
PARKING SPACES
20
LAND DETAILS
LAND ACRES
1.58 AC
LAND SF
68,825 SF
ZONING
-
APN/PARCEL ID
49-15-18-141-007.000-513
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
216-264-2000
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
Please correct the highlighted field(s).
216-264-2000
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
