Mill Valley Plaza
Property Type: Retail | Property Status: Sold
Property Details
Price: $3,275,000
CAP Rate:
Square Feet:
Tenancy Type: Mixed
Lease Type: NNN
Location Info
Address: 17787-17811 S.R. 31
City: Columbus
State: OH
Zip: 43040
Property Description
Short Description:
The Cooper Commercial Investment Group is pleased to announce the sale of Mill Valley Plaza located in Columbus, Ohio. The 18,353 square foot retail plaza is strategically positioned along a main roadway. The center is 100% occupied and most of the tenants have signed lease renewals, enhancing long-term stability. Dan Cooper, President and Broker of the Cooper Commercial Investment Group in Cleveland, Ohio, had the privilege to represent the seller, a private investment owner out of New Jersey, whom Dan has worked with on multiple occasions in the past. Dan Cooper found the private buyer, whom he has also represented on multiple past transactions. The buyer made an offer prior to marketing the property for sale. The property was sold for $3,275,000, equaling an 8.34% CAP Rate.
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.