Central Ohio Retail Development

Property Type: | Property Status: Sold

Central Ohio Retail Development

Property Details

Price: $4,525,000

CAP Rate: 7.25%

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Tenancy Type:

Lease Type:

Location Info

Address: Central Ohio

City: Central Ohio

State: OH


Property Description

Short Description:
The Cooper Commercial Investment Group is pleased to announce the sale of a developed two-building retail asset consisting of approximately 22,000 S.F. The development is well-positioned at hard corner location in the growing suburban community, just outside of Central Ohio. The property also includes a pad site for possible future development.

Dan Cooper of the Cooper Commercial Investment Group in Cleveland, Ohio, had the privilege to represent the seller on the transaction, a private investment group out of Ohio. The private investment buyer, found directly by the Cooper Group and has worked with the Cooper Group on multiple transactions, offered full price on the property on the second day of marketing the property for sale. The asset sold for $4,525,000, representing a 7.25% CAP Rate