Contacts
Encore Real Estate Investment Services
Property Details
- Property Type Retail
- Property Size 25,400 SF
- Lot Size 4.71 Acre
- Cap Rate % 7.39
- Rental Income / YR $315,900.00
- NOI / YR $302,838.00
- Property Tenancy Multi-Tenant
- Year Built 2006
- Date Updated Feb 2, 2026
- 25,400 SF Retail Center with Upside in Leasing Remaining Suite
- Recent Capital Expenses Include: $10k in TI (2023), $27k 2 HVAC Replacements (2024), $13k Stripe and Seal (2024), $23k Exterior Painting (2024)
- New Leases Executed in 2025 Showing Ability to Backfill
- Over 28% of Center Leased to Same Tenants for Over 15 Years
- Shadow Anchored by Walmart | Traffic Count 21,000+
- NNN Lease Structure Providing Pass Through for Investors | Professionally Maintained and Managed
- National Tenants Including Verizon, Cricket, Great Clips and ShoeDept.
- Easily Accessible Property with Ample Parking
- Median Household Income Averages $82,000+ Annually with in a 5 Mile Radius
Reach out to the broker for more info on lease terms and amenities
Getting around
-
43/100
Walk Score ®
-
38/100
Bike Score ®
Location
- City Ashland, OH
- Zip Code 44805
- Market Cleveland Akron
Points of Interest
-
Marathon
0.39 miles
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BP
0.73 miles
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BellStores
4.08 miles
-
Lot B
2.42 miles
-
Lot M
2.43 miles
-
Lot F
2.60 miles
-
Lot H
2.65 miles
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Schhol Bus Parking
3.08 miles
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Esbenshade Landis Wetland Area
7.31 miles
-
School Bus Parking Lot
9.00 miles
-
Buffalo Wild Wings
0.07 miles
-
Subway
0.17 miles
-
Chipotle
0.24 miles
-
Dunkin'
0.29 miles
-
Burger King
0.42 miles
-
Jake's Restaurant (closed)
0.47 miles
-
McDonald's
0.47 miles
-
Wendy's
0.48 miles
-
Denny's
0.57 miles
-
Taco Bell
0.59 miles
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Walmart Supercenter
0.18 miles
-
ALDI
0.37 miles
-
Buehler's Fresh Foods
0.38 miles
-
Cleveland Ave Market
1.23 miles
-
Save-A-Lot
2.10 miles
-
Miller's
3.27 miles
-
Discount Drug Mart
3.30 miles
Encore Real Estate Investment Services
