Multi-Tenant Retail | Milford, OH

For Sale

Multi-Tenant Retail | Milford, OH

Asking Price: $4,170,000 | Cap Rate: 6.98%

• Net Operating Income: $290,933
• Weighted Avg. Lease Term (WALT): 3.95 Years
• Lease Type: Net

Property Highlights

• Stabilized Investment Opportunity; 100% leased multi-tenant retail opportunity with excellent frontage along State Route 28, seeing more than 41,607 VPD
• Shadow Anchored Center; Property is a direct outlot to Meijer and Home Depot, along with being surrounded by multiple other national retail tenants
• Strong Tenant Mix; Complimentary mix of national retailers all signed to landlord favorable net leases, with additional option periods in place
• High Historical Occupancy; Four of the six current tenants have been operating at this location for 10+ years showing the tenants strong commitment to this site