Investment Sale - Midwest Shooting Center

7600 West Sylvania Avenue Sylvania, OH 43560

7600 West Sylvania Avenue, Sylvania, OH, 43560
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FOR SALE
Property Type:
Street Retail
Amount:
$6,000,000
Last Verified:
Dec 12, 2024

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Highlights

  • Midwest Shooting Center anchored center for sale with 10 year leaseback
  • Possible additional out lot can be created for value add
  • Strong Sylvania Ohio retail corridor
  • Long term tenants in place
  • Professionally managed
  • Strong Rent Roll

Description

Fully occupied retail center in Sylvania Ohio anchored by Midwest Shooting Center. Many long term tenants. Professionally managed by the NAI Harmon Group. Midwest will sign a 10 year lease with renewals upon sale. Site is 6.4 acres and there is a possible out lot site available at the front of the center. Great visibility, located in a strong retail corridor of Sylvania Ohio. Directly across from the Kroger Shopping Plaza. Fully fire suppressed.

The Offering is located on the northwest side of Sylvania Avenue just west of King Road. 2.6 miles to I-475/US 223. The center is located close to shopping, neighborhoods and many other services.


Year Built: 2007
Building Size: 44112sq ft
Lot Size: 6.41 acres


Documents

W Sylvania Ave 7600 Retail Center Sale Brochure

Map of 7600 West Sylvania Avenue, Sylvania, OH, 43560

What are Real Estate Incentives?

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.