Cable Crossing Shopping Center, a 38,529-square-foot retail gem situated in a prime retail corridor serving the growing city of Lima, Ohio. High-traffic Cable Road frontage ensures excellent visibility and accessibility for tenants. Anchored by national retailer Dollar General, driving consistent foot traffic. Conveniently positioned between Fort Wayne, Indiana, and Columbus, Ohio, serving a vast regional market. Strong Community & Growth Potential: Allen County boasts a vibrant economy anchored by the University of Northwestern Ohio and St. Rita's Medical Center, attracting a well-educated and diverse population. Proximity to Fort Wayne International Airport (45 minutes northwest) further enhances the center's appeal and accessibility. This well-maintained shopping center offers excellent potential for a variety of retail uses. This is a terrific opportunity to capitalize on the growing Lima market and surrounding regions.
The current landlord has invested over $500,000 in capital improvements at the property all within the past two years. The list of capital expenditures, includes, but is not limited to, roof replacement, facade repair, exterior painting, seal and stripe asphalt in front parking lot, and new concrete work in the rear loading area of the property.
The property is located in a retail corridor of Lima, OH and is situated at a signalized intersection of two main thoroughfares. The combined traffic counts are nearly 25,000 AADT.
Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."
Why are Real Estate Incentives Important and to Whom?
"Incentives" are vital today and in the future because:
U.S. Public: Many incentives focus on job creation and Affordable Housing
Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.
