Offering Memorandum

Investment Sale

Oberlin Square

14910 OH-58
Oberlin, Ohio

eCode:010i

Sales Price

$3,595,400

NOI

$305,609

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

OH-58 (10,966 CPD)
US-20 (11,000 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 490 10,610 14,657
Household Income $71,331 $69,222 $77,221
Daytime Pop 894 4,992 6,213

SIMILAR PROPERTIES

Multi-Tenant
7848 Mall Rd & 7852 Mall Rd
Florence, Kentucky

Smokey Bones: $1,909,492
BJ's Brewhouse: $2,218,333 | Smokey Bones: 7,200 SF
BJ's Brewhouse: 8,500 SF
Multi-Tenant
11400-11500 Telegraph Rd
Taylor, Michigan

Unpriced | 83,964 SF
Single-Tenant
1951 Midway Mall
Elyria, Ohio

$1,440,000 | 8,475 SF
Single-Tenant
717 E Lake Shore Dr
Manistique, Michigan

$2,215,385 | 35,299 SF

Offering Memorandum

Confidentiality Agreement*

Download Agreement