7602-7638 W Sylvania Ave

43,944 SF 100% Leased Retail Building Sylvania, OH 43560 $6,000,000 ($137/SF)

Investment Highlights

  • Midwest Shooting Center anchored center
  • Ample ground for value add out lot
  • Long term tenants in place
  • Midwest will sign a 10 year leaseback at closing
  • Strong Sylvania Ohio retail corridor
  • Professionally managed

Executive Summary

Fully occupied retail center in Sylvania Ohio anchored by Midwest Shooting Center. Many long term tenants. Professionally managed by the NAI Harmon Group. Midwest will sign a 10 year lease with renewals upon sale. Site is 6.4 acres with ample land to create an value add out
lot. Fully fire suppressed. Great visibility along a strong retail corridor in Sylvania Ohio and directly across from the Kroger Shopping Plaza. Located on the northwest side of Sylvania Avenue just west of King Road. 2.6 miles to I475/US 223. The center is located close to shopping, medical office, neighborhoods and many other services.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
43,944 SF
Building Class
A
Year Built
2007
Price
$6,000,000
Price Per SF
$137
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.16
Lot Size
6.40 AC
Zoning
B-2 - General Business
Parking
223 Spaces (5.07 Spaces per 1,000 SF Leased)
Frontage
587 FT on Sylvania Ave

Amenities

  • Pylon Sign

Nearby Major Retailers

Starbucks
Kroger
Club Pilates
Jazzercise
United Rentals
ALDI

PROPERTY TAXES

  • Listing ID: 33691006

  • Date on Market: 10/30/2024

  • Last Updated:

  • Address: 7602-7638 W Sylvania Ave, Sylvania, OH 43560