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25 Amberwood Pky 27,610 SF 100% Leased Retail Building Ashland, OH 44805 $4,100,000 ($148.50/SF) 7.39% Cap Rate



Investment Highlights
- 25,400 SF Retail Center with Upside in Leasing Remaining Suite
- New Leases Executed in 2025 Showing Ability to Backfill
- Shadow Anchored by Walmart | Traffic Count 21,000+
- Recent Capital Expenses Include: $10k in TI (2023), $27k 2 HVAC Replacements (2024), $13k Stripe and Seal (2024), $23k Exterior Painting (2024)
- Over 28% of Center Leased to Same Tenants for Over 15 Years
- NNN Lease Structure Providing Pass Through for Investors | Professionally Maintained and Managed
Executive Summary
25,400 SF Retail Center with Upside in Leasing Remaining Suite
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
27,610 SF
Building Class
B
Year Built
2001
Price
$4,100,000
Price Per SF
$148.50
Cap Rate
7.39%
NOI
$302,838
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
4.68 AC
Zoning
M1 - Light Industrial District
Parking
150 Spaces (5.43 Spaces per 1,000 SF Leased)
Frontage
421’ on Amberwood Pky
Nearby Major Retailers
Property Taxes
| Parcel Number | P43-166-0-0002-00 | Improvements Assessment | $393,340 |
| Land Assessment | $86,450 | Total Assessment | $479,790 |
Property Taxes
Parcel Number
P43-166-0-0002-00
Land Assessment
$86,450
Improvements Assessment
$393,340
Total Assessment
$479,790
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25 Amberwood Pky
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