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Crossings of Sandusky 901-921 Crossings Rd 19,894 SF 100% Leased Retail Building Sandusky, OH 44870 $4,166,000 ($209.41/SF) 7.75% Cap Rate
Investment Highlights
- 100% Occupied, 19,894 SF NNN Strip Center in Sandusky, Ohio – Prominent Tourist Market
- Anchored by Famous Footwear (31% of GLA) on NNN Lease thru May 2029; Prime Endcap Space with High-Image Façade & Prominent Signage
- Constructed in 2006 with High-Image Facades, Prominent Signage, and Strong Visibility
- Part of the Larger Crossings of Sandusky Regional Shopping Center with 3.3 Million Annual Visits
- Staggered Expirations with 4 of 7 Tenants Leased into 2029 or Longer and 2 Tenants Leased into 2031 or Longer
- Ease of Management with Only 7 Tenants, Mostly National Tenancy, and All NNN Leases with Many Tenants Also Reimbursing Mgmt Fees and/or Paying Admin
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
19,894 SF
Building Class
B
Year Built
2006
Price
$4,166,000
Price Per SF
$209.41
Cap Rate
7.75%
NOI
$322,839
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.25
Lot Size
1.81 AC
Zoning
Commercial
Parking
278 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
243’ on Milan Rd
Amenities
- Pylon Sign
- Signage
- Signalized Intersection
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
- -
- -
-
Lorem Ipsum
-
Jan 0000
America's Best Contacts & Eyeglasses began in 1978 as a discount eyewear and eye care business and later became part of National Vision in 2005. The company offers eye examinations, eyeglasses, and contact lenses through a nationwide network of retail locations and online ordering tools. America's Best combines optical services, prescription eyewear, and contact lens sales with support from in-store optometrists, opticians, and distribution systems, serving consumers seeking value-focused vision care across the United States.
- European Wax Center
- Services
- -
- -
- -
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Retailer | - | - | Lorem Ipsum | Jan 0000 | |
| European Wax Center | Services | - | - | - | Jan 0000 |
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 32-03439-005 | Improvements Assessment | $508,476 |
| Land Assessment | $297,542 | Total Assessment | $806,018 |
Property Taxes
Parcel Number
32-03439-005
Land Assessment
$297,542
Improvements Assessment
$508,476
Total Assessment
$806,018
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