Dan Cooper Of Cooper Group Represents Seller In $4.5M Sale Of Charles Schwab Property In Copley, OH

The property involved in the transaction is a newly built, single-tenant Charles Schwab retail asset located at 4141 Heritage Center Drive, Copley, OH. The sale price for this property was $4,500,000, and it encompasses a total square footage of 5,000, resulting in a price per square foot of $900. The property has a current cap rate of 5.99% and features 13.5 years remaining on the lease.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $4,500,000
• Sale Price Per Square Foot: $900
• Square Footage: 5,000
• Address: 4141 Heritage Center Drive
• Market: Copley, OH
• Cap Rate: 5.99%
• Lease Remaining: 13.5 years

Dan Cooper from Cooper Group represented the Ohio-based private seller in this transaction. The deal was brokered by Cooper Commercial Investment Group, indicating a focused effort in navigating the sale of this retail asset.