Sandusky Plaza

Investment Overview

Investment Highlights

• 185,273 SF Neighborhood Shopping Center Situated On A Substantial 16.4-Acre Parcel - All Pad Sites Included
• 98.25% Occupied, Providing Immediate In-Place Cash Flow With Ideal Flexibility And Upside Potential
• Offered At An Attractive $28.97 PSF Basis, Significantly Below Replacement Cost - Well Below Intrinsic Land Value
• Diverse 29-Tenant Rent Roll - Durable Income Through Broad Tenant Diversification
• Shadowed By National Tenancy Including Dollar Tree, Family Dollar, H&R Block, Rent-A-Center & Boost Mobile
• Hard Corner Main On Main Location Along Cleveland Road (US-6), One Of Sandusky’s Primary Roads To Cedar Point With Strong Daily Traffic Counts Of 10,300+ VPD And Sycamore Line Road With Established Retail Fundamentals
• Positioned Just 4 Miles From Cedar Point (4M Annual Visitors), Benefiting From One Midwest’s Strongest Seasonal Tourism Economies
• Significant Value-Add Upside Through Mark-To-Market Opportunities, Lease Restructuring, And Long-Term Site Repositioning
• One Mile Drive To Firelands Regional Medical Center - 827-Beds - More Than 2,085 Employees | Largest Sandusky Employer