Homestead Plaza Listing Details & Market Data

1 mile East of I-71 and 1/2 mile South of the I-76/SR-3 interchange in the Village of Seville. Good visible corner location near traffic light with easy access to Akron, Columbus, Cleveland, Canton, Medina and two major airports. Good residential density nearby.SperryCGA - The Masica Company is pleased to present the opportunity to acquire 205 - 255 Center Rd., located in the Village of Seville, Ohio. The offering includes a 14,386 SF (approx.) retail center with diversified tenant mix with some long-term NNN leases in place. With a solid 6.85% CAP rate and an 8.26% expected year one cash-on-cash return, this purchase provides the prospective buyer immediate cash flow. The building is a well-maintained and includes three new tenant buildouts in 2020.Two retail spaces left for lease located in highly visible Homestead Plaza. Suite 223 includes 1468 SF of open retail space. Suite 255 is 3000 SF and includes reception area, large bull pen, open space, 4 private offices, kitchenette, storage and two restrooms. Property fronts busy Center St./SR 3.