Property profile

3923 Burbank Rd Wooster, OH 44691

FOR LEASE
Outlet malls
Property ID
US66-6241160
49,001 SF 9.79 ac lot Built 1993
Individually Owned 9-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

Wayne Towne Plaza offers a prime retail opportunity in Wooster's bustling retail district. This 155,000 square foot shopping center boasts a strong tenant mix, including major national brands like Super Walmart, Dick's Sporting Goods, Hobby Lobby, Pet Supplies Plus, Five Below, Bath and Body Works, Maurices, Game Stop, and more. Currently, there is 2,000 square feet of immediately available inline space, perfect for a variety of retail uses. The minimum leasable space is 2,000 square feet, with a maximum contiguous space of 2,000 square feet available at this time. However, up to 9,000 square feet of inline space may be available through combination of units. The property is strategically located on Burbank Road (Route 83), ensuring high visibility and accessibility for customers. This location benefits from significant foot traffic and vehicular access, making it an ideal spot for businesses seeking strong exposure within a thriving retail environment. The property is situated in Wayne County, offering easy access to a large consumer base. This is a rare opportunity to establish a presence in a well-established and successful shopping center. Contact us today to learn more about this exceptional retail space.

Property profile

Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1993
Total area 49,001 SF
Lot 9.79 ac (426,278 SF)
APN 67-02851-004
UPID US66-6241160

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Cosmetic Store

Location

3923 Burbank Rd Wooster, OH 44691
Wooster metro Census 700 WOOSTER, OH MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.87M
Blend (final) Blend
$4.04M

Owner & transaction history

since 2017
1 recorded transaction
2017
Price N/A

Zoning & alternative use

Top alternative use upside
Restaurant $6.0M +136.6%
Commercial (general) $4.8M +89.1%
Auto repair, garage $3.9M +54.0%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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