Offering Memorandum
Investment Sale
Oberlin Square
14910 OH-58
Oberlin, Ohio
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
Single-Tenant
219 Jari Dr
Johnstown, Pennsylvania
$4,814,457 | 19,200 SF
Johnstown, Pennsylvania
$4,814,457 | 19,200 SF
Multi-Tenant
17000 Kercheval Ave
Grosse Pointe, Michigan
Unpriced | 78,058 SF
Grosse Pointe, Michigan
Unpriced | 78,058 SF
Single-Tenant
3392 E Beltline Ave NE
Grand Rapids, Michigan
$4,428,571 | 10,000 SF
Grand Rapids, Michigan
$4,428,571 | 10,000 SF