Shopping Strip
Crossings of Sandusky
913 Crossings Rd, Sandusky, OH 44870
Listing Price: $4,166,000
Investment Overview
100 Percent Occupied, 19,894 Square Foot Triple-Net Strip Center in Sandusky, Ohio – Prominent Tourist Market. Constructed in 2006 with High-Image Facades, Prominent Signage, and Strong Visibility. Situated in the Middle of Sandusky’s Primary Retail Corridor that has a Large Regional Draw and Features Neighboring Retailers Walmart, Lowe’s, Menards, Meijer, Target, Hobby Lobby, Best Buy, J.C. Penney, T.J. Maxx, Harley-Davidson, and Dozens of Restaurants. Located on Milan Road/Route 250 with 31,265 Vehicles per Day, Just 0.4-Miles North of Ohio Route 2 Highway Exit Ramps with 27,610 Vehicles per Day.
Crossings of Sandusky
Investment Highlights
- 100 Percent Occupied, 19,894 Square Foot Triple-Net Strip Center in Sandusky, Ohio – Prominent Tourist Market
- Part of the Larger Crossings of Sandusky Regional Shopping Center with 3.3 Million Annual Visits | Includes Home Depot, Sam's Club, Kohl's, Dollar Tree, and Petco all Acting as Shadow-Anchors
- Anchored by Famous Footwear (31 Percent of GLA) on NNN Lease thru May 2029; Prime Endcap Space with High-Image Façade & Prominent Signage
- Staggered Expirations with Four of Sevem Tenants Leased into 2029 or Longer and Two Tenants Leased into 2031 or Longer
- Ease of Management with Only Seven Tenants, Mostly National Tenancy, and All NNN Leases with Many Tenants Also Reimbursing Management Fees and/or Paying Admin Fees on CAM
- Reasonable and Replaceable Rent Levels Averaging $16.55 per Square Foot Triple-Net
Listing Price: $4,166,000
Investment Highlights
- 100 Percent Occupied, 19,894 Square Foot Triple-Net Strip Center in Sandusky, Ohio – Prominent Tourist Market
- Part of the Larger Crossings of Sandusky Regional Shopping Center with 3.3 Million Annual Visits | Includes Home Depot, Sam's Club, Kohl's, Dollar Tree, and Petco all Acting as Shadow-Anchors
- Anchored by Famous Footwear (31 Percent of GLA) on NNN Lease thru May 2029; Prime Endcap Space with High-Image Façade & Prominent Signage
- Staggered Expirations with Four of Sevem Tenants Leased into 2029 or Longer and Two Tenants Leased into 2031 or Longer
- Ease of Management with Only Seven Tenants, Mostly National Tenancy, and All NNN Leases with Many Tenants Also Reimbursing Management Fees and/or Paying Admin Fees on CAM
- Reasonable and Replaceable Rent Levels Averaging $16.55 per Square Foot Triple-Net
Investment Overview
100 Percent Occupied, 19,894 Square Foot Triple-Net Strip Center in Sandusky, Ohio – Prominent Tourist Market. Constructed in 2006 with High-Image Facades, Prominent Signage, and Strong Visibility. Situated in the Middle of Sandusky’s Primary Retail Corridor that has a Large Regional Draw and Features Neighboring Retailers Walmart, Lowe’s, Menards, Meijer, Target, Hobby Lobby, Best Buy, J.C. Penney, T.J. Maxx, Harley-Davidson, and Dozens of Restaurants. Located on Milan Road/Route 250 with 31,265 Vehicles per Day, Just 0.4-Miles North of Ohio Route 2 Highway Exit Ramps with 27,610 Vehicles per Day.
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