2503-2523 Oregon Rd | Northwood, OH 43619
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
2503-2523 Oregon Rd
Northwood, OH 43619
Northwood Meadows · Retail Property For Sale
Investment Highlights
- Plaza in good condition with recent capital improvements and managed by SVN Ascension
- Ample shared parking and easy access via three curb cuts
- Additional information regarding Northwood, OH: growinnorthwood.com
- Excellent visibility with 570ft of corner frontage and marquee signage
- Rent escalations already in place for several tenants, upside potential for current vacancies
Executive Summary
19,200 SF neighborhood retail center for sale, located at the signalized intersection of Wales Rd. and Oregon Rd., in Northwood, Ohio. The property features a mix of local, regional, and national tenants including: Jimmy Johns, Pico's Sports Bar, Queen Nails, Cardinal Staffing Services, Bella Rose Beauty, Moody's Co Island, WTF-R (What The Fried Rice), Arturo's Pizza, and Smokey Moe's vape shop. Located less than 1/4 mile east of I-75 interchange with close proximity to major employers and Owens Community College.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
19,200 SF
Building Class
B
Year Built
1996
Price
£1,847,236
Price Per SF
£96
Net Initial Yield
6.26%
NOI
£115,581
Percent Leased
85%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.17
Lot Size
2.57 AC
Parking
90 Spaces (4.99 Spaces per 1,000 SF Leased)
Frontage
402 ft on Oregon Rd
Amenities
- Freeway Visibility
- Pylon Sign
- Signalised Intersection
PROPERTY TAXES
| Parcel Number | M50-300-240000008000 | Improvements Assessment | £351,576 |
| Land Assessment | £116,380 | Total Assessment | £467,956 |
PROPERTY TAXES
Parcel Number
M50-300-240000008000
Land Assessment
£116,380
Improvements Assessment
£351,576
Total Assessment
£467,956
1 of 10
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
