15 Pearl Rd - Convenience Store FOR SALE
Brunswick, OH 44212 |
$2,118,024 USD
332-345-4206
15 Pearl Rd
Brunswick, OH 44212
HIGHLIGHTS
- Absolute Triple Net Lease There are over three (3) years remaining on an absolute triple-net lease, with no landlord responsibilities
- Corporate Guarantee This lease is guaranteed by 7-Eleven, Inc. an outstanding A-rated credit (S&P) with decades of successful operations
- Strong Demographics There are over 9,000 individuals within a one mile radius, and over 102,000 within a five mile radius
OVERVIEW
Surmount is pleased to present the exclusive listing for a 7-Eleven located at 15 Pearl Road, Brunswick, OH 44212. The site consists of roughly 2,448 rentable square feet of building space on an estimated 1.53-acre parcel of land. This 7-Eleven is subject to a 20-year Triple Net (NNN) lease, which commenced 5/1/2009. The current annual rent is $180,032 and has scheduled increases of none.
FOR SALE DETAILS
PRICE
$2,118,024 USD
PRICE/SF
$865 USD /SF
CAP RATE
8.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
7-Eleven
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Convenience Store
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1999
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.53 AC
LAND SF
66,529 SF
ZONING
GW-C
APN/PARCEL ID
003-18B-01-041
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332-345-4206
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332-345-4206
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