Retail•Strip Center•For Sale

Navarre Plaza

3316 Navarre Ave, Oregon, Ohio 43616

Sale Price $4,300,000
Bldg Type Multi-Tenant
Year Built 1961
Cap Rate 8.22%
Vacancy 100%
Gross Bldg 28,622 SqFt
Land Area 3.5 Acres
Net Op Inc $353,501
. Y
  • 28,809 SF Class A Retail Center Located on 3.50 Acres of Land on Heavily Navarre Avenue
  • Double Net Lease (NN) | Minimal Landlord Obligations
  • 100% Occupied with Four National Tenants including CVS, Dollar Tree, Promedica and La Z Boy
  • 2013-2015 Complete Renovation and in Excellent Condition - High-Image Retail Center
  • Excellent Demographics, Population Growth and Household Income
  • Five Mile Population in Excess of 93,000 with an Average Household Income Over $42,322
  • Surrounded by Numerous Retailers: Walmart, Kroger Market Place, Rite Aid, Walgreens AutoZone, O'Reilly, Starbucks, McDonald's, Taco Bell, Chipotle, Dollar General, Big Lots, Goodwill Store and Many More
1/23/2020 2:53:03 AM 6/18/2020 9:42:40 PM
Ayson Shammami
Associate Advisor
Encore Real Estate Investment Services
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