Offering Memorandum
Investment Sale
Mattress Firm & Motif Jewelers
21838-21840 Eureka Rd
Taylor, Michigan
Taylor, Michigan
eCode:028i
Sales Price
$2,789,723
NOI
$181,332
Cap Rate
6.50%
Building Size
6,806 SF
Lot Size
0.90 AC
Year Built
2018 (Redeveloped)
Zoning
B2-Regional Business District
Tenant Roster
- Mattress Firm
- Motif Jewelers
Traffic Count
Eureka Rd (32,433 CPD)
Racho Rd (7,300 CPD)
Highlights
- Recent Development & Long Term Leases
- Base Term Rent Increases
- Mattress Firm Corporate Guaranty
- Hard Corner of Eureka Rd & Racho Rd with Traffic Light
- Strong Regional Trade Area
- Strong Demographics
| Radius | 1 mile | 3 mile | 5 mile |
| Population Density | 3,993 | 69,056 | 213,680 |
| Household Income | $78,874 | $85,365 | $90,506 |
| Daytime Pop | 3,879 | 33,278 | 70,856 |
SIMILAR PROPERTIES
Single-Tenant
139 Javit Court
Austintown, Ohio
$3,279,859 | 10,505 SF
Austintown, Ohio
$3,279,859 | 10,505 SF
