Woody's Columbus Properties Acquires Aurora Retail Property For $5.4M
118 West Garfield Road Aurora, Ohio 44202, USA
$5,400,000
$533/SF
Building Size
10,125 SF
Asset Type
Retail
Closing
Aug 15, 2023
AI
A CVS Pharmacy-occupied retail property located at 118 West Garfield Road in Aurora, Ohio, has been sold to Woody's Columbus Properties LLC for $5.4 million. The property spans 10,125 square feet and was previously owned by The Staubach Co. Inc, a brokerage firm represented by Roger Staubach.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $5,400,000
- Square Footage: 10,125
- Price Per Square Foot: $533
- Address: 118 West Garfield Road, Aurora, Ohio
- Market: Aurora, Ohio
Woody's Columbus Properties LLC acquired the CVS Pharmacy-occupied retail property in Aurora, Cleveland suburb, from The Staubach Co. Inc. for a total of $5.4 million. The transaction was facilitated by Roger Staubach, representing The Staubach Co. Inc. in the deal.
Players
Aurora Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.94%
Cash-on-Cash
-0.84%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93