911 Crossings Rd - Freestanding FOR SALE
Sandusky, OH 44870 |
911 Crossings Rd
Sandusky, OH 44870
HIGHLIGHTS
- 100% Occupied, 19,894 SF NNN Strip Center in Sandusky, Ohio – Prominent Tourist Market
- Anchored by Famous Footwear (31% of GLA) on NNN Lease thru May 2026; Prime Endcap Space with High-Image Façade & Prominent Signage
- Part of the Larger Crossings of Sandusky Regional Shopping Center w/ Home Depot, Sam’s Club, Kohl’s, JOANN, & Dollar Tree Driving Additional Traffic
- Staggered Expirations with 5 of 7 Tenants Leased into 2025 or Longer and 3 Tenants Leased into 2028 or Longer
- Constructed in 2006 with High-Image Facades, Prominent Signage, and Strong Visibility
- Offers 11.3% Year 1 Cash-on-Cash Return and 18.7% Year 1 Total Return at Proposed Bank Financing Terms
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Crossings of Sandusky
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Restaurant, Storefront, Truck Stop
TOTAL BUILDING SIZE
19894
STORIES
1
YEAR BUILT
2006
SPRINKLERS
-
PARKING SPACES
278
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
32-03439-005
