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Old 09-28-2005, 08:52 AM
mosha170
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Default NNN Retail Shopping Center Investment



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Falls Creek Plaza 13,400 s.f.
Lexington-Springmill Road & Village Mall Drive
Ontario, Ohio (Mansfield)

Investment Overview:

- Asking Price: $3,702,581
- NOI: $286,500 per Year
- Scheduled Cap Rate: 7.73%
- Building is 100% Leased
- Tenants:
- Verizon Wireless: Signed 10 year Lease
- David's Bridal: Signed 10 year Lease
- After Hours Formal Wear: Signed 10 year Lease
- Leases are all NNN. Expenses are currently estimated to be $3.51/s.f.


Building Information:
- Total Building Size: 13,400 square feet
- Year Built: 2004
- Completion Date: 10/31/2004


Please Contact:

Ron Markowitz
NAI Alan R Daus
216-831-3310 ext 127
rmarkowitz@alanrdaus.com

Michael Zelnik
NAI Ohio Equities
614-629-5280
mzelnik@ohioequities.com


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