FOR IMMEDIATE RELEASE: LaGrange, OH– Schuckman Realty is pleased to announce the successful sale of the Sentinel Square Shopping Center located at 540 N Center St, LaGrange, OH 44050. The property, prominently positioned at the intersection of N Center St and US Grant St, was sold for $2,643,000 on August 6, 2024.
The Sentinel Square Shopping Center which encompasses 49,000 square feet and is fully occupied, is an attractive investment opportunity. In addition to the shopping center, the sale includes a 9.0-acre lot with a 1.5-acre outparcel, which the buyer plans to develop, offering significant long-term upside potential.
John Roos of Schuckman Realty represented the landlord in this transaction. The property garnered substantial interest, receiving four offers before publicly marketing the asset, highlighting the strong demand for quality retail spaces in the area.
Noteworthy co-tenants of the shopping center include IGA Grocer, which contributes to the property’s appeal and stability.
For more information on this closing or to inquire about available single and multi-tenant retail inventory, or for a broker opinion of value of your property please contact John Roos, information is below.
John Roos
Lic. RE Salesperson
(516) 730-5306
John.roos@schuckmanrealty.com
About Schuckman Realty Inc.: Schuckman Realty is a full service commercial real estate services firm. The Investment Sales team at Schuckman Realty Inc. brings vast and nuanced market knowledge, insight, and ingenuity to your portfolio from inception to completion. Schuckman Realty offers expertise in determining a property’s best use in terms of value gains to investors, extensive research and vetting process, access to qualified buyers and a proven sales & marketing team with a creative approach to maximize value.
Keywords: Investment Sales, Shopping Center News, Ohio Real Estate, Commerical Real Estate, Real Estate Sales, Shopping Center Sales, Grocery Anchored Shopping Center
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