585,606 Square Foot Retail Space For Sale @ 3343 Midway Mall

Property tours are available by appointment only. Please contact Lynn DeMarco to schedule a property tour at 646-664-0413 or lynn.demarco@tscg.com. The Shopping Center Group, LLC (“TSCG”) is pleased to present for sale the 100% fee simple interest in the Midway Mall, an enclosed regional mall located in Elyria, Ohio(the “Owned Collateral”). Midway Mall is strategically located between full interchanges of Interstate 80 and Interstate 90, approximately 15 miles west of Cleveland. The Owned Collateral comprises 585,606 square feet including JCPenney, the mall and common areas, a strip convenience parcel featuring Staples and several free standing retail buildings including an Aspen Dental and Atlas Theater. Major mall tenants include Best Buy and Dunham’s Sporting Goods and popular mall shop tenants include Victoria’s Secret, Bath & Body Works, Finish Line, Kay Jewelers, Lenscrafters. The Owned Collateral is part of an integrated retail development totaling 1,089,466 square feet on 9.8 acres. The overall development is anchored by JCPenney (owned) and Sears (unowned) and there are two unowned vacant department stores. The overall development 65.4% leased and the Owned Collateral is 80.5% leased. Midway Mall is an excellent opportunity to acquire a well located regional asset with significant redevelopment potential well-below replacement cost. APN: 06-24-030-000-123, 06-24-030-000-124, 06-24-030-000-125, 06-24-030-000-126, 06-24-030-000-127, 06-24-031-107-028, 06-24-031-107-035