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1143 Williams Reserve Blvd Wadsworth, OH 44281

Sponsored
For Sale
$5,119,252

High-Yield Retail Center in Ohio

Property size:
45,525 SF

Description

Added:
Dec 11, 2024
Days on Market:
392
This exceptional 45,525-square-foot shopping center, located at 1143 Williams Reserve Blvd in Wadsworth, Ohio (Medina County, zip code 44281), presents a compelling investment opportunity. Boasting a 100% occupancy rate, the property features three prominent national tenants: Michaels, Ulta, and Five Below, ensuring a stable and diverse income stream. Built in 2006 and recently renovated in 2023, this single-story, one-building center sits on a 4.95-acre lot and offers low maintenance costs. The strong tenant lineup, combined with the attractive demographics and growing consumer base of Wadsworth, Ohio, contributes to a robust net operating income (NOI) of $396,742, resulting in a desirable 7.75% capitalization rate. The asking price for this exceptional retail investment is $5,119,252. This property represents a rare opportunity to acquire a high-performing, well-maintained shopping center in a thriving market. The center's strategic location and strong tenant mix provide significant long-term growth potential and economic stability. The property's recent renovation minimizes immediate capital expenditure needs, allowing for immediate cash flow generation. This is an ideal investment for those seeking a stable, high-yield retail asset with significant upside potential.

Property Features for 1143 Williams Reserve Blvd

General Information

Property type
Lifestyle centers
Square Feet
45,525 SF
Lot Size
215,622 SF

Building Details

Year Built/Renovated
2006/2023
Buildings
1
Stories
1
Units
3

HighLights

  • 45,525 SF shopping center in Wadsworth, OH (Medina County) with Michaels, Ulta, and Five Below as tenants.
  • 100% occupancy with a diverse, high‑performing tenant mix.
  • Strong demographics and a growing consumer base in Wadsworth, OH.
  • Single‑story building on a 4.95‑acre lot, recently renovated (2023) with low maintenance costs.
  • 7.75% capitalization rate and $396,742 NOI; asking price $5,119,252.
Property Profile Location Intelligence

Current Use by Public Records

Michaels Craft Store UPS Access Point ... Shipping And Mailing Service

Suggested Use

Restaurant Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Auto Parts Store Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Wadsworth
County
Medina
State
Ohio
Longitude
-81.6917547
Latitude
41.0403062

FAQs

What type of property is this?
Lifestyle center - High-Yield Retail Center in Ohio
Where is this lifestyle center located?
The property is located at 1143 Williams Reserve Blvd Wadsworth, OH.
What is the asking price?
The asking price for this property is $5,119,252.
What are key features of this property?
This property features: 45,525 SF shopping center in Wadsworth, OH (Medina County) with Michaels, Ulta, and Five Below as tenants.; 100% occupancy with a diverse, high-performing tenant mix.; Strong demographics and a growing consumer base in Wadsworth, OH.
More about this property
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