Offering Memorandum
Investment Sale
Oberlin Square
14910 OH-58
Oberlin, Ohio
Oberlin, Ohio
eCode:010i
Sales Price
$4,522,100
NOI
$361,768
Cap Rate
8.00%
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
3005 Boardwalk Dr
Ann Arbor, Michigan
$5,500,000 | 45,390 SF
Ann Arbor, Michigan
$5,500,000 | 45,390 SF
Single-Tenant
17115-17117 N. Laurel Park Dr
Livonia, Michigan
Cooper’s Hawk Winery & Restaurant: $4,500,000
The Capital Grille: $5,800,000 | Cooper’s Hawk Winery & Restaurant: 11,046 SF
The Capital Grille: 9,079 SF
Livonia, Michigan
Cooper’s Hawk Winery & Restaurant: $4,500,000
The Capital Grille: $5,800,000 | Cooper’s Hawk Winery & Restaurant: 11,046 SF
The Capital Grille: 9,079 SF
Multi-Tenant
6029-6035 E Virginia Beach Blvd
Norfolk, Virginia
$2,037,959 | 16,325 SF
Norfolk, Virginia
$2,037,959 | 16,325 SF
Multi-Tenant
205 S. Greenville West Dr
Greenville, Michigan
$8,000,000 | 95,054 SF
Greenville, Michigan
$8,000,000 | 95,054 SF