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Airgas 1897 Cooper Foster Park Rd

2,124 SF Retail Building Amherst, OH 44001 $744,480 CAD ($351 CAD/SF) 6.14% Cap Rate

Banks Ohio Amherst 1897 Cooper Foster Park Rd, Amherst, OH 44001

Investment Highlights

  • Unique opportunity to acquire an outdoor storage asset situated within Amherst’s primary retail corridor
  • Formerly a bank branch, the property is located at the signalized intersection of Cooper Foster Park Rd (+/-13,600 VPD) & Williamsburg Drive
  • Airgas has occupied this property since June of 2018 and executed a 5-year renewal in June of 2023, demonstrating their commitment to the site
  • Major nearby retailers include: Tractor Supply, Meijer, Chick-fil-A, Canes, Arby’s, Aldi, and many more
  • Investment grade credit tenant with over 1,400 locations, rendering Airgas one of the largest U.S. suppliers of gases, safety products & process based

Executive Summary

Broker of Record
Matt Wallace
License No. REC.2022007141 (OH)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
950 Main Ave.,
Suite 510, Cleveland, OH 44113

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Bank
Building Size
2,124 SF
Building Class
C
Year Built
1980
Price
$744,480 CAD
Price Per SF
$351 CAD
Cap Rate
6.14%
NOI
$45,700 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Land Acres
0.64 AC
Zoning
Commercial
Parking
26 Spaces (10 Spaces per 1,000 SF Leased)

Amenities

  • Drive Thru
  • Storage Space

Links

1 of 1

Nearby Major Retailers

Planet Fitness
Chase Bank
Giant Eagle
ALDI
Bob Evans Restaurants
Meijer Pharmacy
Five Guys
Grocery Outlet
Applebee's
Starbucks

PROPERTY TAXES

Parcel Number 05-00-041-110-044 Improvements Assessment $67,250 CAD
Land Assessment $27,447 CAD Total Assessment $94,697 CAD

PROPERTY TAXES

Parcel Number
05-00-041-110-044
Land Assessment
$27,447 CAD
Improvements Assessment
$67,250 CAD
Total Assessment
$94,697 CAD
(216) 260-0923

  • Listing ID: 33046833

  • Date on Market: 2024-09-03

  • Last Updated:

  • Address: 1897 Cooper Foster Park Rd, Amherst, OH 44001

The Retail Property at 1897 Cooper Foster Park Rd, Amherst, OH 44001 is currently available For Sale. Contact Matthews Real Estate Investment Services for more information.

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Airgas | 1897 Cooper Foster Park Rd
(216) 260-0923 x

Airgas | 1897 Cooper Foster Park Rd

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Caleb Ogan

(216) 260-0923

(216) 260-0923

Pablo Garcia Olalla

(216) 777-2128

(216) 777-2128

Matt Kovesdy

(216) 260-0712

(216) 260-0712

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