6245 Wilson Mills Rd, Highland Heights, OH
Retail property available for sale in Highland Heights, Ohio.
- Added:
- Feb 19, 2025
- Days on Market:
- 479
- Last Refresh:
- May 20 at 8:59 pm
Property Features for 6245 Wilson Mills Rd
General Information
- Standard status
- Active
- Size
- 80,371 SF
- Lot size
- 7.62 Acres
- Property subtype
- RETAIL
Listing agent John F. Riser (317) 844-0700
Listing office Riser Retail Group (317) 844-0700
Listing date Feb 19, 2025
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Riser Retail Group
HighLights
- Retail property available for sale.
- Located in Highland Heights, Ohio.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $1.21M | $15.00 |
| − Vacancy | −$108.5k | −$1.35 |
| EGI | $1.10M | $13.65 |
| − OpEx | −$329.1k | −$4.10 |
| NOI | $767.9k | $9.56 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Highland Heights
- County
- Cuyahoga
- State
- Ohio
- Longitude
- -81.4785
- Latitude
- 41.552
