17664 Chillicothe Rd - Convenience Store FOR SALE


Chagrin Falls, OH 44023
$5,161,912 USD
332-345-4206
17664 Chillicothe Rd, Chagrin Falls, OH for Sale
$5,161,912 USD
Convenience Store - FOR SALE
1/2
null | 5.65% Cap Rate

17664 Chillicothe Rd
Chagrin Falls, OH 44023


HIGHLIGHTS

  • Long Term Absolute Triple Net (NNN) Lease
  • Corporate Guarantee
  • Attractive Rental Increases
  • Long Term Operating History

OVERVIEW

Surmount is pleased to present the exclusive listing for a 7-Eleven located at 17664 Chillicothe Road, Chargin Falls, OH 44023. The site consists of roughly 1,900 rentable square feet of building space on an estimated 0.84-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 $291,648 and has scheduled increases of 10.00% every 5 years.

FOR SALE DETAILS

PRICE

$5,161,912 USD

PRICE/SF

$2,717 USD /SF

CAP RATE

5.65%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7-Eleven

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

ADD'L SUBTYPES

Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1994

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.84 AC

LAND SF

36,590 SF

ZONING

-

APN/PARCEL ID

-

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.