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Eastgate Shopping Center 2 Retail Properties Offered at $3,550,000 in Multiple Locations
Executive Summary
94% Occupied 20,520 SF Multi-Tenant Shopping Center Located Along Old State Route 74 | Direct Access to SR-32 (70,000 VPD
Anchored by Long-Term Medical & Service Tenants | Established Occupancy History with Renewals in Place
Average Rents of $14.17/SF with Majority of Tenants Having No Options
Offered Below Replacement Cost at $173/SF
Located at Hard Corner Across from CVS and United Dairy Farmers Convenience Store
Landlord-Friendly NNN Structures Provide Predictable Cash Flow and Reimbursement of Expenses
Anchored by Long-Term Medical & Service Tenants | Established Occupancy History with Renewals in Place
Average Rents of $14.17/SF with Majority of Tenants Having No Options
Offered Below Replacement Cost at $173/SF
Located at Hard Corner Across from CVS and United Dairy Farmers Convenience Store
Landlord-Friendly NNN Structures Provide Predictable Cash Flow and Reimbursement of Expenses
Property Facts
| Price | $3,550,000 | Number of Properties | 2 |
| Price / SF | $176.45 / SF | Individually For Sale | 0 |
| Cap Rate | 7.50% | Total Building Size | 20,119 SF |
| Sale Type | Investment | Total Land Area | 4.98 AC |
| Status | Active |
| Price | $3,550,000 |
| Price / SF | $176.45 / SF |
| Cap Rate | 7.50% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 20,119 SF |
| Total Land Area | 4.98 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Glen Este Village Centre
956 Old State Route 74, Batavia, OH 45103 |
Retail | 11,800 SF | 1988 | - |
|
Eastgate Professional Centre
948 Old State Route 74, Cincinnati, OH 45245 |
Retail | 8,319 SF | 1992 | - |
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Eastgate Shopping Center
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