PICOA Inc Sells Retail Property In Steubenville, Ohio For $14M
4265 Mall Drive, Steubenville, Ohio 43952, United States
$14,000,000
$65,116/SF
Building Size
215 SF
Asset Type
Retail
Closing
Apr 17, 2023
About this deal
AI
Located at 4265 Mall Drive in Steubenville, Ohio, this retail property has recently been sold. The property covers an impressive 215,360 square feet and was sold for a price of $14,000,000, resulting in a price per square foot (PPSF) of $65.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $14,000,000
- Square Footage: 215,360
- Price per Square Foot (PPSF): $65
- Seller: PICOA Inc
- Broker: Tony Sekulovski - Sekulovski Group
Tony Sekulovski from Sekulovski Group represented the seller, PICOA Inc, in this transaction. This successful sale highlights the expertise of these individuals and companies in the retail market in Steubenville, Ohio.
On the Map
$14,000,000
$65,116/SF
Retail
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Players
Steubenville 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
1.13%
Cash-on-Cash
-0.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93