Offering Memorandum

Investment Sale

Oberlin Square

14910 OH-58
Oberlin, Ohio

eCode:010i

Sales Price

$4,381,035

NOI

$372,388

Cap Rate

8.50%

Building Size

35,174 SF

Lot Size

Main Parcel: 4.04 AC
Developable Parcel: 1.91 AC

Year Built

1989

Zoning

Commercial

Anchor(s)

Dollar Tree
Goodwill

Tenant Roster

  • Shoe Show
  • Verizon
  • Great Clips

Traffic Count

US-20 (7,722 CPD)
OH-58 (8,376 CPD)

Highlights

  • National Tenants
  • Walmart Shadow Center
  • College Town
  • Strong Access
  • Developable Pad | Value-Add Opportunity
  • Attractive Leveraged Returns

Radius 1 mile 3 mile 5 mile
Population Density 550 10,824 14,938
Household Income $72,108 $82,457 $91,124
Daytime Pop 756 4,946 5,470

SIMILAR PROPERTIES

Multi-Tenant
MICHIGAN, FLORIDA, ILLINOIS, INDIANA,
VIRGINIA, MISSOURI, North Carolina

Unpriced | 662,257 SF
Multi-Tenant
1143-1161 Williams Reserve Blvd
Wadsworth, Ohio

$5,119,252 | 45,525 SF
Single-Tenant
408 W Maumee St
Adrian, Michigan

$1,732,143 | 19,833 SF
Multi-Tenant
4025 24th Ave
Fort Gratiot, Michigan

$10,200,000 | 86,923 SF

Offering Memorandum

Confidentiality Agreement*

Download Agreement