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Lakewood Place 15000 Detroit Ave 14,568 SF 100% Leased Retail Building Lakewood, OH 44107 $7,215,137 CAD ($495.27 CAD/SF) 7.45% Cap Rate
Investment Highlights
- Unique Opportunity to Acquire a Retail Strip in Lakewood, Ohio
- New Tenants Include PotBelly, Dave’s Hot Chicken, Beyond Juicery, and Battr
- Over 12,000 Daily Vehicles on Detroit Road Directly in Front of the Property
- Surrounded by National and Chain Retailers Including Starbucks, Chipotle, Panera, Marc's
- Average Term Remaining is 6.5 Years with Staggered Option Dates
- Over 100,000 People in 3 Miles with Average HH Income $76,000
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
14,568 SF
Building Class
C
Year Built
2007
Price
$7,215,137 CAD
Price Per SF
$495.27 CAD
Cap Rate
7.45%
NOI
$537,528 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.62
Lot Size
0.54 AC
Zoning
C2
Walk Score®
Very Walkable (87)
Nearby Major Retailers
Property Taxes
| Parcel Number | 312-14-116 | Improvements Assessment | $681,173 CAD |
| Land Assessment | $88,842 CAD | Total Assessment | $770,016 CAD |
Property Taxes
Parcel Number
312-14-116
Land Assessment
$88,842 CAD
Improvements Assessment
$681,173 CAD
Total Assessment
$770,016 CAD
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Lakewood Place | 15000 Detroit Ave
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