Shoppes at Chapel Hill

Short Description:
The Cooper Commercial Investment Group is pleased to announce the sale of the Target, Best Buy, Five Below, PetSmart and Home Depot shadow anchored, Shoppes at Chapel Hill, located in the thriving Howe Rd. Corridor of Cuyahoga Falls, a suburb of Akron, Ohio. Comprised of three buildings, the main portion has an inline center featuring Panera Bread, Staples, Weight Watchers, Jimmy John’s and more, while Michael’s, and Brick House Tavern + Tap have their own freestanding outparcels that were part of the sale. The 90% occupied center is positioned in an extremely successful and high barrier to entry market.

Details
Dan Cooper of the Cooper Commercial Investment Group in Cleveland, Ohio, had the privilege to represent the seller on the transaction and also directly found the buyer for the property, both of whom he has worked with on several other transactions. The seller was a private investment group out of Florida, and the East Coast buyer was identified by Cooper prior to the property officially coming to market. The asset sold for $9,900,000, which represents over 94% of the list price. 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 by, “Like” them on Facebook and follow them on Twitter @TheCooperGrp.