Ohio Cleveland North Randall Shopping Plaza For Sale - Business for Sale

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Shopping Plaza with Retail Tenants in Cleveland, OH

OH, US
Added today
Shopping Plaza / Retail Property Investment
Retiring Owner

A 12,000 sq. ft. shopping plaza with multiple retail and medical supply tenants is offered for sale in North Randall, Cleveland, Ohio, including both the business and property.

Key Information

Asking

$1.2M

Revenue

Earnings

$133K

Multiple

9.0x

Key Highlights

  • Building size: 12,000 sq. ft. shopping plaza on 0.5 acres
  • Annual gross income: $133,200
  • Annual owner profits: $133,200
  • Reported CAP rate: nearly 10%
  • Current tenants: Subway ($2,000/month), Beauty Supply ($4,600/month), Medical Supply ($2,000/month), Clothing store (2,500 sq. ft. at $2,500/month)
  • E2 Visa qualified

Contact Info

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