Westgate Shopping Center
SE Corner of Rt 20 & W 210 St, Fairview Park, OH 44126, Fairview Park, OH, 44126, US
Description de l'actif
Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer the opportunity to acquire the fee simple interest in the Jared Jewelers located at 5011 Monroe Street in Toledo, Ohio (“Property” or “Asset”). Jared is operating on an absolute NNN lease with zero landlord responsibilities, ±4.6 years of lease term remaining and one, five-year option with a 15% rental escalation.
Jared is positioned as an outparcel to Franklin Park Mall, a super-regional shopping mall and major retail destination in northwest Ohio. Franklin Park Mall generates 5.9 million visits annually while ranking in the top 3% of most visited shopping centers in Ohio and across the nation (Placer.ai). Adjacent to the Property is Franklin Place shopping center which generates 4.4 million visits annually and ranks in the top 6% of most visited shopping centers in Ohio and across the nation.
...
Attributs
Prix demandé
2 625 000 $
Taux de capitalisation
7,5 %
RNI
197 000 $
WAULT
4.6 années
Superficie du bâtiment nette
484 mètres carrés
Superficie du terrain brute
0,2 ha
Média
Points forts de l'investissement
- Operating on an absolute NNN lease with ±4.6 years of term remaining and one, five-year option with a 15% rent escalation
- Outparcel to Franklin Park Mall, a top 3% most visited shopping center in OH & the U.S.
- Jared is the 4th largest U.S. specialty retail jewelry brand
- Adjacent to Mercy Health St. Anne Hospital wtih 128-beds
- Dense commercial corridor off I-475 with accessibility to 91,000 VPD
- College town location with The University of Toledo just 4 miles from Property
Contactez les courtiers
Jared - Toledo, OH (0 Propriétés)
JLL peut vous aider à financer et à gérer votre portefeuille. Envoyez-nous un courriel aujourd'hui pour voir comment nous pouvons vous aider à réaliser vos ambitions.
Dernière mise à jour
25 avr. 2025
