Stonegate Center
Property Type: Retail | Property Status: Sold
Property Details
Price: $1,310,000
CAP Rate:
Square Feet:
Tenancy Type: Mixed
Lease Type: NNN
Location Info
Address: 3735 Stonegate Drive
City: Medina
State: OH
Zip: 44256
Property Description
Short Description:
The Cooper Commercial Investment Group is pleased to announce the sale of Stonegate Center, a 15,300 S.F. retail center built in 2000, shadow anchored by a Wal-Mart Supercenter, Kohl’s and Hobby Lobby, located in Medina, Ohio. Bob Havasi and Dan Cooper of the Cooper Commercial Investment Group in Cleveland, Ohio, had the privilege to represent the seller, a private investor out of Ohio. The buyer, also out of Ohio, purchased the property for $1,310,000, representing a 7.56% CAP Rate and 95% of the list price.
Details
The Cooper Commercial Investment Group looks forward to working with parties interested in selling or looking to acquire other similar commercial assets and encourages you to contact them for a no obligation evaluation of your commercial property. Visit them on-line at www.coopergrp.com for the most up-to-date listings and information. Stay connected, “Like” them on Facebook and follow them on Twitter @TheCooperGrp.