2503-2523 Oregon Rd | Northwood, OH 43619
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2503-2523 Oregon Rd
Northwood, OH 43619
Northwood Meadows · Retail Property For Sale
Investment Highlights
- Plaza in excellent condition with recent capital improvements
- Ample shared parking and easy access via three curb cuts
- Additional information regarding Northwood, OH: growinnorthwood.com
- Excellent visibility with 570ft of corner frontage and marquee signage
- Rent escalations already in place for several tenants, upside potential for others
Executive Summary
Fully occupied 19,200 SF neighborhood retail center for sale, located at the signalized intersection of Wales Rd. and Oregon Rd., in Northwood, Ohio. The property features a mix of local, regional, and national tenants including: Jimmy Johns, Pico's Sports Bar, Queen Nails, Cardinal Staffing Services, Bella Rose Beauty, Moody's Coney Island, WTF-R (What The Fried Rice), Arturo's Pizza, and Smokey Moe's vape shop. Located less than 1/4 mile east of I-75 interchange with close proximity to major employers and Owens Community College.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
19,200 SF
Building Class
B
Year Built
1996
Price
$3,447,480 CAD
Price Per SF
$180 CAD
Percent Leased
92%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.17
Lot Size
2.57 AC
Parking
90 Spaces (4.99 Spaces per 1,000 SF Leased)
Frontage
402 ft on Oregon Rd
Amenities
- Freeway Visibility
- Pylon Sign
- Signalized Intersection
PROPERTY TAXES
| Parcel Number | M50-300-240000008000 | Improvements Assessment | $621,968 CAD |
| Land Assessment | $205,886 CAD | Total Assessment | $827,855 CAD |
PROPERTY TAXES
Parcel Number
M50-300-240000008000
Land Assessment
$205,886 CAD
Improvements Assessment
$621,968 CAD
Total Assessment
$827,855 CAD
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