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- LoopNet Team
4318 Milan Rd
Sandusky, OH 44870
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Chipotle Anchored › This is the only chipotle within 25 MILES – (sales over $2M)
- Recent Lease Extensions › New ownership will benefit from new lease extensions for tenants including Chipotle (2030) and Penn Station (2029)
- Internet Resistant Tenancy – Variety of Food Based Operators › Property features an “E-commerce Proof” mixed base of regional and national tenants
- Sandusky Mall Redevelopment › New ownership will benefit from the redevelopment of the center with increased traffic through its shared ingress and eg
PROPERTY FACTS
AMENITIES
- Signalized Intersection
ABOUT 4318 MILAN RD , SANDUSKY, OH 44870
Matthews Real Estate Investment Services is pleased to offer the opportunity to acquire the fee simple interest in the Chipotle-Outlot (the “property”), a 5,009 SF Chipotle anchored Restaurant strip center in the main destination corridor of Sandusky, OH. Currently 100% occupied, the property offers a new owner a very stable investment with contractual rent bumps. The property benefits from outstanding nationally destinations including: Great Wolf Lodge, Kalahari Indoor Water Park, Cedar Point and the brand-new Cedar Point Sports World that opened beginning of 2020.The center will also benefit from the massive redevelopment of the Sandusky Mall scheduled to occur in late 2020.
PROPERTY TAXES
| Parcel Number | 32-03079-000 | Improvements Assessment | $688,338 |
| Land Assessment | $150,923 | Total Assessment | $839,261 |
PROPERTY TAXES
