Shopping Center - NNN Net Lease Property for Sale
Middleburg Heights, OH
Key Investment Metrics
Price
$4,800,000
Cap Rate
8.5%
Net Operating Income
$407,712
Building Size
14820 SF
Lot Size
15,690 SF
Land Area
2.53 Acres
Year Built
2010
Occupancy
100%
Tenancy
Single
About This Shopping Center Net Lease Property
This Shopping Center NNN (triple net lease) property is located in Middleburg Heights, OH and represents an excellent investment opportunity for commercial real estate investors. The property features 14820 square feet of building space and was built in 2010.
With a cap rate of 8.5%, this Shopping Center net lease property offers stable income potential. The asking price is $4,800,000, making it an attractive option for 1031 exchange investors seeking quality Shopping Center commercial properties.
Why Invest in Shopping Center NNN Properties?
- Stable Income: Shopping Center net lease properties provide predictable cash flow with minimal landlord responsibilities.
- Strong Tenant: Shopping Center is a nationally recognized brand with proven operational success.
- 1031 Exchange Eligible: This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes.
- Triple Net Lease: The tenant is responsible for property taxes, insurance, and maintenance, reducing landlord obligations.
Middleburg Heights, OH Market Overview
Located in Middleburg Heights, OH, this Shopping Center property benefits from strong local demographics and market fundamentals. The Middleburg Heights area offers excellent visibility and accessibility, making it an ideal location for Shopping Center operations and a solid investment for net lease property buyers.