Jo-Ann Plaza

Property Type: | Property Status: Sold

JoAnn Plaza

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.