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Lakewood Place 15000 Detroit Ave 14,568 SF 100% Leased Retail Building Lakewood, OH 44107 $7,659,413 CAD ($525.77 CAD/SF) 7% Cap Rate
INVESTMENT HIGHLIGHTS
- Unique Opportunity to Acquire a Retail Strip in Lakewood, Ohio
- New Tenants Include PotBelly, Dave’s Hot Chicken, Beyond Juicery
- 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 $76,464
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
14,568 SF
Year Built
2007
Price
$7,659,413 CAD
Price Per SF
$525.77 CAD
Cap Rate
7%
NOI
$536,159 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.63
Lot Size
0.54 AC
Zoning
C2
Walk Score®
Very Walkable (87)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 312-14-116 | Improvements Assessment | $702,996 CAD |
| Land Assessment | $91,689 CAD | Total Assessment | $794,685 CAD |
PROPERTY TAXES
Parcel Number
312-14-116
Land Assessment
$91,689 CAD
Improvements Assessment
$702,996 CAD
Total Assessment
$794,685 CAD
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Lakewood Place | 15000 Detroit Ave
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