Investment Overview
Lee & Associates is pleased to present Micro Center Mall, a 60,931-square-foot, 100% occupied multi-tenant retail investment in Sharonville, Ohio. Situated on 4.58 acres, the property is leased to six tenants and anchored by Micro Center, which occupies 34,595 square feet and is committed through January 31, 2037. The offering is priced at $6,025,000 and is projected to generate approximately $490,700 in 2027 NOI, representing an approximately 8.15% cap rate. The property offers investors a stabilized retail acquisition with diversified tenancy, long-term anchor commitment, and projected NOI growth through 2031.
Investment Highlights
- 60,931 SF multi-tenant retail property
- 4.58-acre site
- 100% occupied
- Six-tenant retail investment
- Micro Center occupies 34,595 SF
- Micro Center committed through January 31, 2037
- $6,025,000 offering price
- Approximately $490,700 projected 2027 NOI
- Approximately 8.15% projected 2027 cap rate
- Projected NOI growth through 2031
- Net lease structure
- Established income-producing retail asset
- Diversified tenant mix
- Investor-oriented retail sale opportunity