Oberlin Square

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Oberlin Square

14910 OH-58 Oberlin OH Lorain County

Sales Price: $3,616,434

Cap Rate: 8.75%

Contact Person(s): Jason Greenspan
Daniel Kukes
Kevin Baker
Max Lippitt

Description:

National Tenants

  • Oberlin Square features national, internet resistant tenants. The current tenant lineup has a strong operating history at this location.

Walmart Shadow Center

  • Walmart Supercenter has been operating at this location since 2006, and is the major grocery store in the city. The next closest Walmart is located over 11.5 miles away in Elyria, OH.

College Town

  • Oberlin Square is located 2.2 miles south of Oberlin College (3,000 students and 300 staff). Oberlin College has been recognized as a top ranking liberal arts college world-class conservatory, and a first-rate art museum all on a single campus.

Strong Access

  • Oberlin Square has access off of US-20 (11,000 CPD) as well as OH-58 (10,966 CPD).

Gross Leasable Area: 35,174 SF

Demographic Info:

Radius: 5 Mile 10 Mile 15 Mile
Population Density: 14,585 108,043 272,622
Avg. HH Income: $76,546 $72,791 $73,679

LANDMARK INVESTMENT SALES – Licensed Real Estate Brokers. The information above has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates are used for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction, the suitability of the property for your needs.