Offering Memorandum

Investment Sale

Firestone

1951 Midway Mall
Elyria, Ohio

eCode:039i

Sales Price

$1,440,000

NOI

$90,000

Cap Rate

6.25%

Lease Expiration

11/30/2025

Building Size

8,475 SF

Year Built

1964 / 1990

Zoning

Commercial

Traffic Count

Midway Blvd (3,195 CPD)

Highlights

  • Strong Store Sales
  • Highly Successful Tenant
  • Prime Visibility | Signalized Hard Corner
  • Dense Retail Corridor
  • Long Term Tenant History
  • NN Lease – Landlord Responsibility for Roof & Structure

Radius 1 mile 3 mile 5 mile
Population Density 3,251 51,882 123,969
Household Income $54,658 $59,379 $68,951
Daytime Pop 3,129 25,333 39,573

SIMILAR PROPERTIES

Single-Tenant
1007 Memorial Rd
Houghton, Michigan

$5,468,750 | 14,550 SF
Single-Tenant
139 Javit Court
Austintown, Ohio

$3,279,859 | 10,505 SF
Single-Tenant
28805 Mound Rd
Warren, Michigan

$1,358,518 | 2,178 SF
Multi-Tenant
3309-3139 Oak View Dr
Omaha, Nebraska

Unpriced | 91,350 SF

Offering Memorandum

Confidentiality Agreement*

Download Agreement