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8287 - 8295 Windham St
Garrettsville, OH 44231

$4,290,000 USD

Freestanding For Sale  •  45,083 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 45,083 SF
  • Lot Size 6.81 AC
  • Building Class C
  • Year Built 1960
  • Tenancy Multiple
  • Zoning C
0 Transit Score
40 Walk Score

Highlights

JUST REDUCED!: Grocery Anchored Neighborhood Center: Attractive 8.15% CAP Rate and Low Price Point of $95/S.F. (Below Market Sales Comparable).
Solid Operating History: Grocer has Operated at this Location for 30 Years & Many Original Tenants That Have Consistently Exercised Renewals .
Strong Anchor Commitments: IGA Grocery, Family Dollar/ Dollar Tree and Pride Auto Wash Making Up Almost 70% of the Center Leased to 2030 and Beyond.
Family Dollar/Dollar Tree Expanded and Self-Funded Part of the TI in 2022.
Brand-New AutoZone (NAP) Built Adjacent to IGA, Drawing Complimentary Tenant Foot Traffic.
Future Upside: Replaceable Below Market Rental Rates, Possible Conversion of Gross to NNN Leases and Future Developable Land of Approx. 2 Acres.

Amenities

  • Bus Line
  • Pylon Sign
  • Signage
  • Drive Thru

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 150
Type: Surface
Included in Rent: Yes
Dan Cooper 440-915-7902 Cooper Commercial Investment Group
Dan Cooper 440-915-7902 Cooper Commercial Investment Group