The SELL with STASH Multi-Family Investment Sales Team of Sperry Van Ness-RICORE Investment Management, Inc. is pleased to present to qualified investors the opportunity to acquire Trenton Plaza, located at 847-855 W. State St. This excellent investment opportunity consists of a strip center containing four tenants, Subway, H&R Block, Sundance Tanning, and Richard's Pizza. The site boasts long-term tenancy with leases extension options for each tenant.
Average traffic count along W State Street reaches 12,767 vehicles per day. The median household income within a one mile radius of the property exceeds $61,000.
Sales Info:
■ Cap rate: 7.64%
■ Commision split: 2.0%
■ NOI: $61,051
Location Description:
Trenton Plaza at 847-855 W. State St is located on Ohio State Route 73, just west of Interstate 75 in Trenton, Ohio.
Highlights:
■ Retail Strip Center (4 Tenants)
■ -> H&R Block
■ -> Subway
■ -> Sundance Tanning
■ -> Richard's Pizza
■ --> Long Term Occupancy
■ --> Options to Extend
■ Very Well Maintained
■ Ample Parking
■ Room for Expansion- Plans Available
■ 200' +/- Frontage on W. State Street
■ $61,014 - Median HH Income - 1 Mile
■ 12,767 Cars/Day - W State Street @ John St
■ Call for Details:
■ Stash: 513.588.1114
■ SGeleszinski@svn.com
■ Sherief: 513.588.1108
■ SGouda@svn.com
■ Nathan: 513.588.1128
■ NMurphy@svn.com
■ www.SELLwithSTASH.com
Pricing: $799,000
Availability: Now
Listing ID: 558287
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