Shopping Strip
Ashland Retail Shops
1289 Claremont Ave, Ashland, OH 44805
Listing Price: $990,000
Investment Overview
Marcus & Millichap is pleased to present for sale Ashland Retail Shops, a 14,450-square-foot retail center located in Ashland, Ohio.
The Property is currently 100 percent occupied by various retailers, most of which have been operating at this location for over 10 years. Two of the three tenants are on triple-net leases with below market rents. Most tenants have exercised their renewal options and still have renewal options available.
Ashland Retail Shops is a great opportunity to acquire a retail center with an established tenant base that has shown strong commitment to the site at a low price point. Recent improvements have been completed at the subject site including roof.
Ashland Retail Shops
Investment Highlights
- Unique Mix of Local and National Tenant Mix: Dollar General, H&R Block, and The Flour Barrel
- All Tenants have been Operating at this Location for Approximately 10 Years or More, Showing Strong Commitment to the Site
- The Property Serves the Immediate Local Community and Residents with a Mix of Ecommerce Resistant Grocery and Service-Based Tenants
- Opportunity to Grow Rents Through Ownership and Lease Renewals
Exclusively Listed By
Broker of Record
-
Michael L. Glass
Senior Vice President / Division Manager
Listing Price: $990,000
Investment Highlights
- Unique Mix of Local and National Tenant Mix: Dollar General, H&R Block, and The Flour Barrel
- All Tenants have been Operating at this Location for Approximately 10 Years or More, Showing Strong Commitment to the Site
- The Property Serves the Immediate Local Community and Residents with a Mix of Ecommerce Resistant Grocery and Service-Based Tenants
- Opportunity to Grow Rents Through Ownership and Lease Renewals
Investment Overview
Marcus & Millichap is pleased to present for sale Ashland Retail Shops, a 14,450-square-foot retail center located in Ashland, Ohio. The Property is currently 100 percent occupied by various retailers, most of which have been operating at this location for over 10 years. Two of the three tenants are on triple-net leases with below market rents. Most tenants have exercised their renewal options and still have renewal options available. Ashland Retail Shops is a great opportunity to acquire a retail center with an established tenant base that has shown strong commitment to the site at a low price point. Recent improvements have been completed at the subject site including roof.
Exclusively Listed By
Broker of Record
-
Michael L. Glass
Senior Vice President / Division Manager
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