Cable Crossing Shopping Center

The property is located in a retail corridor of Lima, OH and is situated at a signalized intersection of two main thoroughfares. The combined traffic counts are nearly 25,000 AADT.Qualified investors now have the opportunity to acquire Cable Crossing Shopping Center, a 37,454-square-foot retail gem situated in a prime retail corridor serving the growing city of Lima, Ohio. The Property is available at an attractive rate of $92 per square foot, and a cap rate of 8.00% for a purchase price of $3,456,808.Premium space is available in the rear of a high traffic shopping center in the heart of Lima's primary shopping area. Dozens of local and national retailers in the area demonstrate strong demographics and traffic. The current landlord has invested over $500,000 in capital improvements at the property all within the past two years. The list of capital expenditures, includes, but is not limited to, roof replacement, facade repair, exterior painting, seal and stripe asphalt in front parking lot, and new concrete work in the rear loading area of the property.