Sherwood Crossing For Sale

Shopping Center for Sale
Catylist Listing ID: 30843186
Property Subtypes: Neighborhood Center, Strip Center
Building Size (RSF): 12,000 SF
Gross Land Area: 2.59 Acres
Sale Price: $1,800,000
Unit Price: $150 PSF
Property Use Type: Net Leased Investment (NNN)
Building Name: Sherwood Crossing
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/23/2023

Overview / Comments

Sherwood Crossing is a nicely finished retail strip center located at the main intersection in town. The anchor tenant that occupies half of the center will provide a steady flow of traffic to ensure other tenant businesses thrive. Tenants include La Michoacana Foods, Headquarters Barbershop, Mattress Company, Salon 127, and anchored by Theory Wellness.

100% occupied strip center
Diverse tenant base
Medical cannabis anchor tenant occupies 50% of the center
This is the only medical cannabis facility in four counties

Attachments & Media

Additional Details

Nearest MSA: Defiance
County: Defiance
Tax ID/APN: C180017A00500
Zoning: RETAIL
Retail Clientele: General, Recreation
Property Visibility: Excellent
Largest Nearby Street: N Harrison St
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 12,000 SF
Property Condition: Good
Year Built: 2003
Roof Type: Flat
Exterior Description: Good
Parking Type: Structure
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,150 2,150 2,150
Median Age: 39.12 39.12 39.12
Households: 812 812 812

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