JUST SOLD: Mellow Mushroom Sale Leaseback | $1,950,000 | 7.75% Cap Rate | West Chester, Ohio
Kyle Hartung and Jeff Sabo of Goodman Real Estate Services Group LLC recently brokered the sale of the Mellow Mushroom located at 9238 Floer Drive in West Chester, Ohio. The property sold for $1,950,000. The sale price represents a 7.75% cap rate. The property was sold to an East Coast private equity fund.
This Mellow Mushroom property is located in a dominant regional trade area and surrounded by Ikea, Topgolf, LA Fitness, Marriott Hotel, AMC, and many other regional entertaiment and retail businesses.
Please inquire directly with Kyle or Jeff for information regarding other net-leased assets for sale. Goodman Real Estate Services Group is a commercial real estate brokerage company specializing in marketing or acquiring real estate for its clients. Kyle Hartung is the Director of Investment Sales and can be reached at 216-381-8200, Ext. 205, and looks forward to discussing any investment sales needs, whether you are interested in selling, acquiring, or evaluating the current position of your property.