1502 Broadway Street

Shopping Center for Sale
Catylist Listing ID: 30732895
Property Subtypes: Neighborhood Center
Building Size (RSF): 26,378 SF
Gross Land Area: 2.68 Acres
Sale Price: $2,100,000
Unit Price: $79.61 PSF
Property Use Type: Investment
Building Name: Broadway South Shopping Center
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 7/26/2021

Overview / Comments

High profile neighborhood center.
Professionally managed and well maintained.
Signalized intersection.
Long-term national tenants with renewals.
Historically fully occupied.
Tenants include: O’Reilly’s, Family Dollar and Rent A Center.

Additional Details

Nearest MSA: Toledo
County: Lucas
Tax ID/APN: 1227477
Zoning: CS
Retail Clientele: General
Property Visibility: Good
Largest Nearby Street: South Ave
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 1994
Roof Type: Flat
Construction/Siding: Block
Parking Type: Surface
Total Parking Spaces: 120
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,848 116,251 254,255
Median Age: 31.01 33.44 35.5
Households: 5,249 46,486 103,531
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