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Lima Center 3 Retail Properties in Lima, OH
INVESTMENT HIGHLIGHTS
- Most Dominant Center in Primary Retail Corridor and Serving Large Geographical Area
- Dominant Store Performance
- Value-Add Opportunity
- ???????National Credit Tenancy With Strong Operating History
- New Lease with Buckle
EXECUTIVE SUMMARY
Qualified investors are extended the opportunity to acquire a 100% fee simple interest in Lima Center, a 100% leased, 174,078 square foot power center with a dominant presence, national credit tenancy, strong tenant performance, and minimal nearby larger format competition. Several small shop tenants are paying below market rents presenting a potential buyer an opportunity to drive NOI growth by releasing this space at current market rents.
PROPERTY FACTS
| Sale Condition | Bulk/Portfolio Sale | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 290,662 SF |
| Status | Under Contract | Total Land Area | 37.66 AC |
| Number of Properties | 3 |
| Sale Condition | Bulk/Portfolio Sale |
| Sale Type | Investment |
| Status | Under Contract |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 290,662 SF |
| Total Land Area | 37.66 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
Lima Center
2720 Elida Rd, Lima, OH 45805 |
Retail | 174,078 SF | 1978 | - |
|
Kohl's
2750 Elida Rd, Lima, OH 45805 |
Retail | 86,584 SF | 1978 | - |
|
TJ Maxx
2730 Elida Rd, Lima, OH 45805 |
Retail | 30,000 SF | 1978 | - |
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Lima Center
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