1614 Merriman Rd - Convenience Store FOR SALE


Akron, OH 44313- Northwest Akron
$5,255,403 USD
332-345-4206
1614 Merriman Rd, Akron, OH for Sale
$5,255,403 USD
Convenience Store - FOR SALE
1/2
null | 5.65% Cap Rate

1614 Merriman Rd
Akron, OH 44313
Northwest Akron


HIGHLIGHTS

  • Long Term Absolute Triple Net (NNN) Lease
  • Corporate Guarantee
  • Attractive Rental Increases
  • Merriman Valley

OVERVIEW

Surmount is pleased to present the exclusive listing for a 7-Eleven located at 1614 Merriman Road, Akron, OH 44313. The site consists of roughly 2,477 rentable square feet of building space on an estimated 0.64-acre parcel of land. This 7-Eleven is subject to a 11-year Triple Net (NNN) lease, which commenced 8/1/2025. The current annual rent is $296,930 and has scheduled increases of 10.00% every 5 years.

FOR SALE DETAILS

PRICE

$5,255,403 USD

PRICE/SF

$2,122 USD /SF

CAP RATE

5.65%

% 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

1997

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.64 AC

LAND SF

27,704 SF

ZONING

Commercial

APN/PARCEL ID

68-33079

ASK ABOUT THIS PROPERTY

Russell WachtlerSurmountMore Info
332-345-4206

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Russell WachtlerSurmountMore Info
332-345-4206

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.