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219-223 Aukerman St
Eaton, OH 45320
Marsh Grocery Anchored Retail Center · Retail Property For Sale
PROPERTY FACTS
About 219-223 Aukerman St , Eaton, OH 45320
The subject property is a 47,000-square foot shopping center anchored by Marsh Supermarkets and Anytime Fitness. The property features multiple points of ingress egress and sits in between two city blocks. It' s well positioned with the Eaton, Ohio, submarket and sits as the grocery location closest to the downtown central business district. Marsh has been a tenant in the retail location for over 30 years and recently had and extensive remodel showing the strength and profitability of the site. The center is stabilized, but there is a vacant suite within the center that could provide immediate upside for an incoming investor. Both tenants operate 24 hour locations, demonstrating strength of location within the city. The subject property has a very sustainable rent structure for an incoming investor as both tenants are paying below market rents. The strong historical occupancy of Marsh shows this site is a profitable location and is well established within the marketplace. An incoming investor has stability with a necessity based retailer with a recently updated center in a growing community.
PROPERTY TAXES
Parcel Number | M40-0006-0-5-70-100-1001 | Improvements Assessment | $832,752 |
Land Assessment | $105,911 | Total Assessment | $938,662 |
PROPERTY TAXES
Listing ID: 5263542
Date on Market: 2016-12-23
Last Updated:
Address: 219-223 Aukerman St, Eaton, OH 45320