901-921 Crossings Rd - Freestanding FOR SALE
Sandusky, OH 44870 |
$4,166,000 USD
216-264-2000
901-921 Crossings Rd
Sandusky, OH 44870
HIGHLIGHTS
- 100% Occupied, 19,894 SF NNN Strip Center in Sandusky, Ohio – Prominent Tourist Market
- Part of the Larger Crossings of Sandusky Regional Shopping Center with 3.3 Million Annual Visits
- Anchored by Famous Footwear (31% of GLA) on NNN Lease thru May 2029; Prime Endcap Space with High-Image Façade & Prominent Signage
- Staggered Expirations with 4 of 7 Tenants Leased into 2029 or Longer and 2 Tenants Leased into 2031 or Longer
- Constructed in 2006 with High-Image Facades, Prominent Signage, and Strong Visibility
- Ease of Management with Only 7 Tenants, Mostly National Tenancy, and All NNN Leases with Many Tenants Also Reimbursing Mgmt Fees and/or Paying Admin
FOR SALE DETAILS
PRICE
$4,166,000 USD
PRICE/SF
$209 USD /SF
CAP RATE
7.75%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Crossings of Sandusky
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2006
SPRINKLERS
-
PARKING SPACES
278
LAND DETAILS
LAND ACRES
1.81 AC
LAND SF
78,844 SF
ZONING
Commercial
APN/PARCEL ID
32-03439-005
ASK ABOUT THIS PROPERTY
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216-264-2000
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216-264-2000
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