Offering Memorandum

Investment Sale

Oberlin Square

14910 OH-58
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

Single-Tenant
1550 Orchard Crossing
Benton Harbor, Michigan

$3,782,563 | 30,038 SF
Single-Tenant
6829 Airport Highway
Holland, Ohio

$2,000,000 | ~500 SF
Single-Tenant
39700 MacKenzie Dr
Novi, Michigan

Unpriced | 56,429 SF
Multi-Tenant
5380 Monroe St
Toledo, Ohio

$3,238,970 | 12,949 SF

Offering Memorandum

Confidentiality Agreement*

Download Agreement