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911 Crossings Rd
Sandusky, OH 44870

Crossings of Sandusky · Retail Property For Sale

Investment Highlights

  • 100% Occupied, 19,894 SF NNN Strip Center in Sandusky, Ohio – Prominent Tourist Market
  • Part of the Larger Crossings of Sandusky Regional Shopping Center w/ Home Depot, Sam’s Club, Kohl’s, JOANN, & Dollar Tree Driving Additional Traffic
  • Constructed in 2006 with High-Image Facades, Prominent Signage, and Strong Visibility
  • Anchored by Famous Footwear (31% of GLA) on NNN Lease thru May 2026; Prime Endcap Space with High-Image Façade & Prominent Signage
  • Staggered Expirations with 5 of 7 Tenants Leased into 2025 or Longer and 3 Tenants Leased into 2028 or Longer
  • Offers 11.3% Year 1 Cash-on-Cash Return and 18.7% Year 1 Total Return at Proposed Bank Financing Terms

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
19,894 SF
Building Class
B
Year Built
2006
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.25
Lot Size
1.81 AC
Zoning
Commercial
Parking
278 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
243 FT on Milan Rd

Amenities

  • Pylon Sign
  • Signage
  • Signalized Intersection

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
32-03439-005
Land Assessment
$238,595
Improvements Assessment
$409,507
Total Assessment
$648,102
  • Listing ID: 23678363

  • Date on Market: 7/14/2021

  • Last Updated:

  • Address: 911 Crossings Rd, Sandusky, OH 44870

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