Shopping Strip
Chapel Hill Center
690 Howe Ave, Cuyahoga Falls, OH 44221
Listing Price: $4,880,000
Cap Rate
8.50%
Gross SF
33,775
Rentable SF
33,775
Price/Gross SF
$144.49
Lot Size
4.91 acres
Year Built
1985
Investment Overview
Marcus & Millichap is pleased to exclusively present for sale, Chapel Hill Center located in Cuyahoga Falls, Ohio. The subject property is a 100 percent occupied, 33,775-square-foot strip center. Chapel Hill Center is being offered for $4,880,000.
Chapel Hill Center
Investment Highlights
- 100 Percent Occupied 33,775-Square-Foot Strip Center in Infill Akron MSA Location
- Shadow-Anchored Value City Furniture; Neighbored by Sam's Club, Burlington, and Dick's
- 28,090 Cars per Day Combined via Howe and Buchholzer Access Points
- Located Next to Newly Redeveloped Industrial Park Anchored by 150,000-Square-Foot Driverge Vehicle Innovations
- Reasonable Rent Levels Averaging $12.85 per Square Foot Triple-Net Lease
- All Triple-Net Leases with 96.4 Percent Recapture of Real Estate Taxes/Insurance/Common Area Maintenance Expenses
Listing Price: $4,880,000
Cap Rate
8.50%
Gross SF
33,775
Rentable SF
33,775
Price/Gross SF
$144.49
Lot Size
4.91 acres
Year Built
1985
Investment Highlights
- 100 Percent Occupied 33,775-Square-Foot Strip Center in Infill Akron MSA Location
- Shadow-Anchored Value City Furniture; Neighbored by Sam's Club, Burlington, and Dick's
- 28,090 Cars per Day Combined via Howe and Buchholzer Access Points
- Located Next to Newly Redeveloped Industrial Park Anchored by 150,000-Square-Foot Driverge Vehicle Innovations
- Reasonable Rent Levels Averaging $12.85 per Square Foot Triple-Net Lease
- All Triple-Net Leases with 96.4 Percent Recapture of Real Estate Taxes/Insurance/Common Area Maintenance Expenses
Investment Overview
Marcus & Millichap is pleased to exclusively present for sale, Chapel Hill Center located in Cuyahoga Falls, Ohio. The subject property is a 100 percent occupied, 33,775-square-foot strip center. Chapel Hill Center is being offered for $4,880,000.
