2587 Parkman Rd Warren, OH 44485
High-Yield Retail Investment Opportunity
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 135
Highlights
- $3,900,000 asking price for a value-add retail investment opportunity.
- 180,488 square foot shopping center with a 23.5% occupancy rate.
- $21.61 price per square foot.
- 15.23% pro-forma cap rate and $593,834 pro-forma NOI.
- Grocery-anchored by Sparkle Market (18-unit regional chain), with tenants including Dollar Tree and Little Caesars.
Property Details for 2587 Parkman Rd
- Property type
- Lifestyle centers, Power centers
- Square Feet
- 180,488 SF
- Buildings
- 3
- Lot Size (sq. ft)
- 806,731 SF
Location Insight
- City
- Warren
- County
- Trumbull
- State
- Ohio
- Latitude
- 41.2521314
- Longitude
- -80.8574547
Nearby Similar for Sale
FAQs
- What type of property is this?
- Lifestyle center - High-Yield Retail Investment Opportunity
- Where is the lifestyle center located?
- The property is located at 2587 Parkman Rd Warren, OH.
- What is the asking price?
- The asking price for this property is $3,900,000.
- What are key features of this property?
- This property features: $3,900,000 asking price for a value-add retail investment opportunity.; 180,488 square foot shopping center with a 23.5% occupancy rate.; $21.61 price per square foot.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].