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Great Oaks Shopping Center 175-227 Great Oaks Trl 74,095 SF Retail Building Wadsworth, OH 44281 $4,250,000 ($57.36/SF) 7.80% Cap Rate
EXECUTIVE SUMMARY
A versatile commercial asset offering a blend of retail, office, and self-storage in a growing area of Medina County. With an ideal location in Wadsworth's retail corridor, this investment provides a blend of stable income and upside potential with the additional value for approximately +/- 1.0 acre fronting Great Oaks Trail with prime access to Interstate 76. With a mix of long standing tenants and new leases, the asset benefits from Wadsworth’s increasing population growth, low retail vacancy, and strong self-storage demand making it ideal for investors seeking steady cash flow and value-add potential.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
74,095 SF
Building Class
B
Year Built
1985
Price
$4,250,000
Price Per SF
$57.36
Cap Rate
7.80%
NOI
$331,500
Tenancy
Multiple
Building Height
1 Story
Loading Docks
10 Exterior
Building FAR
0.41
Lot Size
4.15 AC
Zoning
Retail
Parking
500 Spaces (6.75 Spaces per 1,000 SF Leased)
Frontage
849’ on Great Oaks Trl
AMENITIES
- Restaurant
NEARBY MAJOR RETAILERS
Fifth Third Bank
PROPERTY TAXES
| Parcel Number | 040-20A-03-183 | Improvements Assessment | $708,140 |
| Land Assessment | $222,130 | Total Assessment | $930,270 |
PROPERTY TAXES
Parcel Number
040-20A-03-183
Land Assessment
$222,130
Improvements Assessment
$708,140
Total Assessment
$930,270
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Great Oaks Shopping Center | 175-227 Great Oaks Trl
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