Property Picture


Price: $5,625,000
Property Type: Retail
Status: Sold
Address: Northern Ohio
                  Northern, OH  
CAP Rate: 7.97%
Square Feet: 78,590
Tenancy Type: Mixed
Lease Type: NNN

Short Description:
The Cooper Commercial Investment Group (www.CooperGrp.com) is pleased to announce the sale of grocery shadow anchored community shopping center consisting of retail and office space centered within a very established residential community in northern Ohio. Dan Cooper, President and Broker of the Cooper Commercial Investment Group in Cleveland, Ohio, had the privilege to represent the Seller, a private investment group out of Ohio. The private 1031 buyer was found within 30 days of marketing the property for sale and purchased the property for $5,625,000, representing an 7.97% CAP Rate and over 96% of list price.

Details
The Cooper Commercial Investment Group looks forward to working with parties interested in selling or looking to acquire other similar commercial assets and encourages you to contact them for a no obligation, evaluation of your commercial property. Visit them on line at www.CooperGrp.com for the most up-to-date listings and information, stay connected by, “Like” them on Facebook and follow them on Twitter @TheCooperGrp.