Jo-Ann Plaza
Property Type: Retail | Property Status: Sold
Property Details
Price: $9,300,000
CAP Rate:
Square Feet:
Tenancy Type: National
Lease Type: NNN
Location Info
Address: 4101 Transit Road
City: Clarence
State: NY
Zip: 14221
Property Description
Short Description:
The Cooper Commercial Investment Group is pleased to announce the sale of the Jo-Ann Plaza located in Clarence, New York. Dan Cooper of the Cooper Commercial Investment Group in Cleveland, Ohio, had the privilege to represent the owners, a publicly traded REIT, while the buyer was a private investment group out of Brooklyn, New York. The property was purchased for $9,300,000, representing an 8.46% CAP Rate.
Details