3228 N Ridge Road Ashtabula, Ohio 44004, United States
The Commercial for Sale located at 3228 N Ridge Road Ashtabula Ohio 44004 is currently for Sale, 3228 N Ridge Road Ashtabula Ohio 44004 is listed for $1,650,000. If the property located at 3228 N Ridge Road Ashtabula Ohio 44004 isn't what you're looking for, search Ohio Real Estate to see other Commercial for Sale in Ashtabula .
MLS#: 5085723
$1,650,000 USD
Property features
Construction details
- Year built
- 2013
Area
- Land/Lot size
- 3,561m² (0.88ac)
- Cooling system
- Central AC
- Heating system
- Gas
Description
Very rare, newer construction (2013) Strip Center in one of the best locations in Ashtabula. Positioned on a hard corner with a traffic signal directly across from Ashtabula Towne Square and .5 miles to the Rt. 11 freeway exit. Situated in the primary retail corridor of Ashtabula surrounded by national tenants such as Chipotle, Lowes, Home Depot, Verizon, Tractor Supply, Walmart, Drugmart, Aldi, Harbor Fright, and more! High traffic counts of 18,200 VPD! 5,200 SF strip center listed at a 6.45% cap rate on in place income. Huge opportunity to add value by leasing the one vacant space previously occupied by GameStop for 10 years. Once the last unit is rented the cap rate is expected to be 10.00%. The Center is currently occupied by long term tenant Aspen Dental which recently signed their first lease extension showing their commitment to the Center. 2,000 SF retail space available for immediate occupancy. Reach out today for more information and to schedule a tour. Marketing package with Offering Memorandum and Rent Roll available upon request.
Location
