Shopping Strip
Eastgate Professional Center
948 Old State Rte 74, Batavia, OH 45103
Listing Price: $3,550,000
Cap Rate
7.50%
Gross SF
20,520
Rentable SF
20,520
Price/Gross SF
$173.00
Lot Size
0.47 acres
Year Built
1992
Investment Overview
Marcus & Millichap is pleased to present for sale Eastgate Professional Shopping Center in Batavia, Ohio.
Investment Highlights
- 94 Percent Occupied 20,520-SF Multi-Tenant Shopping Center Located Along Old State Route 74 | Direct Access to SR-32 (70,000 Vehicles per Day)
- Anchored by Long-Term Medical and Service Tenants | Established Occupancy History with Renewals in Place
- Average Rents of $14.17 per Square Foot with Majority of Tenants Having No Options
Listing Price: $3,550,000
Cap Rate
7.50%
Gross SF
20,520
Rentable SF
20,520
Price/Gross SF
$173.00
Lot Size
0.47 acres
Year Built
1992
Investment Highlights
- 94 Percent Occupied 20,520-SF Multi-Tenant Shopping Center Located Along Old State Route 74 | Direct Access to SR-32 (70,000 Vehicles per Day)
- Anchored by Long-Term Medical and Service Tenants | Established Occupancy History with Renewals in Place
- Average Rents of $14.17 per Square Foot with Majority of Tenants Having No Options
Investment Overview
Marcus & Millichap is pleased to present for sale Eastgate Professional Shopping Center in Batavia, Ohio.