901-921 Crossings Rd | Sandusky, OH 44870
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901-921 Crossings Rd
Sandusky, OH 44870
Crossings of Sandusky | 15/SF Avg Rents · Retail Property For Sale
Investment Highlights
- 100% Occupied, 19,894 SF NNN Strip Center in Sandusky, Ohio – Prominent Tourist Market
- Anchored by Famous Footwear (31% of GLA) on NNN Lease thru May 2026; Prime Endcap Space with High-Image Façade & Prominent Signage
- Constructed in 2006 with High-Image Facades, Prominent Signage, and Strong Visibility
- Part of the Larger Crossings of Sandusky Shopping Center w/ Home Depot, Sam’s Club, Kohl’s, JOANN, Dollar Tree, & Petco all Acting as Shadow Anchors
- Staggered Expirations with 5 of 7 Tenants Leased into 2025 or Longer and 3 Tenants Leased into 2028 or Longer
- Offers 7.19% Year 1 Cash-on-Cash Return and 12.5% Year 1 Total Return at Proposed Bank Financing Terms
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
19,894 SF
Building Class
B
Year Built
2006
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.25
Lot Size
1.81 AC
Zoning
Commercial
Parking
278 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
243 ft on Milan Rd
Amenities
- Pylon Sign
- Signage
- Signalized Intersection
PROPERTY TAXES
| Parcel Number | 32-03439-005 | Improvements Assessment | $582,372 |
| Land Assessment | $339,313 | Total Assessment | $921,685 |
PROPERTY TAXES
Parcel Number
32-03439-005
Land Assessment
$339,313
Improvements Assessment
$582,372
Total Assessment
$921,685
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