请通过预约进行项目现场考察。 预约请联系 Victor S. Voinovich Sr.，电子邮件 schedule at voinovichv@svn.com 或电话 888-236-1435. 投资亮点： 这个条形零售中心面积约为 32,792 平方英尺，位于俄亥俄州克利夫兰市郊区。 有多家租户的租约近期将到期，可将租金提高到市场价格实现更高收入。 租户中包括 Dollar General 和 U. S. Postal Service，租约到期日为 2020 年。项目中 86% 的可租用空间由全国性品牌或零售租户租用。项目延续了将近一个街区，共有 6 个汽车出入口，项目两侧街道各三个出入口。 投资概述： Downtown Commons 是一个非常独特的条形零售建筑，位于恩爱鄂州罗林市(Lorain)市中心 West 4th 街 405-459 号。 已有多家优质租户入驻，包括 U. S. Postal Service、Mor-for-Less （当地知名百货商店）、Dollar General 和另外 2 家实力雄厚的当地租户。 Downtown Commons 现已全部出租，为业主带来了丰厚稳定的现金流，未来可通过续租提高租金和/或重新开发获得更高收益。 从项目步行即可去往罗林市中心的大部分地区。市中心区域由零售、商业、别墅社区和公寓社区组成，另有多栋政府建筑，包括市政厅。 项目从 W 4 号街一直延伸到 W 5 号街，占据了市中心一整条街。 当地零售企业 Mor for Less 刚刚进行了第一次续约，截止 2021 年 12月31号。次主租用空间已租给 Dollar General，三井跳跃，到期日 2020 年 10 月 31 日，可进行一次三年续约。 其他租户的到期时间长短不一。新业主可通过到期提高租金至市场价格的方式，获得更高的收入。
Property tours are available by appointment ONLY. Please contact Victor S. Voinovich Sr. to schedule at voinovichv@svn.com or 888-236-1435. Investment Highlights: ±32,792 SF grocery anchored retail strip in Cleveland, OH suburb Value-add opportunity through near term renewals at market rate rents Dollar General and U. S. Postal Service are tenants with leases to 2020 86% of center occupied by national or grocery tenants Spans a city block with 6 vehicular entrances, three on each street Investment Overview: Downtown Commons (The Property) is a one-of-a-kind retail strip in the downtown section of Lorain, Ohio at 405-459 West 4th Street. Great tenant base includes the U. S. Postal Service, Mor-for-Less (a well-known local grocery), Dollar General, and 2 more strong local tenants. Downtown Commons is 100% occupied and presents a strong cash flow opportunity via in-place income and future gains from lease renewals and/or redevelopment. The Property is within walking distance of much of downtown Lorain which is made up of retail, commercial, single and multi-family housing as well as government buildings including City Hall. Downtown Commons spans an entire downtown city block from W Fourth Street to W 5th Street. Local grocer Mor for Less is currently on their first term with extensions available through 12/31/21. The junior anchor space is occupied by Dollar General with a NNN lease through October 31, 2020 plus an additional 3 year option. The other tenants have near and long term renewals and a new owner will have the value add opportunity to renew some of these at market rate. The Property will be sold with Unit 435 vacant as the tenant is moving out. The Seller will master lease unit 435 until May 31, 2019 or until replacement tenant is found at equal or greater lease rate. The Property will be delivered with physical occupancy of 95.4% and economic occupancy at 100%. Lorain is located in northeastern Ohio approximately 30 miles west of Cleveland and is part of the Greater Cleveland MSA. The Property is ideally centered in the government, commercial and retail corridor of Lorain’s central business district, about one-third of a mile from Lake Erie and the mouth of the Black River. The Property is also a block from the East Erie Ave Bridge, the primary downtown crossing of the Black River. East Erie Ave is a section of the most direct eastern route to Cleveland from Lorain. The demographics are also very favorable to the Property’s tenancy with over 84,900 people within a 5-mile radius and average household incomes of over $52,700. Auctioneer Licensing Information TenX RE, Inc. Judith Leslie RE Brkr REC.2016000481 Online Auction Only (ORC4707.02B Internet Auctions Exempt from Auctioneer License) This property will be auctioned on Monday, June 19 - Wednesday, June 21 . The price displayed is the starting bid amount of $450,000. For information and to register to bid on this property, please visit Ten-X.com.
