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.

Based on information submitted to MLS Now as of December 3, 2024 11:32 PM EST . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. Listing information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Property Details of 3228 N Ridge Road

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Jesse Allison Team

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Property Details of 3228 N Ridge Road

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Location

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Utilities and Appliances

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Hi there! How can we help you?

Hi there! How can we help you?

Jesse Allison Team