18534 Pearl Rd - Specialty FOR SALE


Strongsville, OH 44136
$6,620,027 USD
332-345-4222
18534 Pearl Rd, Strongsville, OH for Sale
$6,620,027 USD
Specialty - FOR SALE
1/2
null | 6.75% Cap Rate

18534 Pearl Rd
Strongsville, OH 44136


HIGHLIGHTS

  • Bonus Depreciation Opportunity
  • Extremely Affluent Area
  • Dense Retail Corridor
  • Growing Industry

OVERVIEW

Surmount is pleased to present the exclusive listing for a Sgt. Clean Car Wash located at 18534 Pearl Rd, Strongsville, OH 44136. The site consists of roughly 4,601 rentable square feet of building space on an estimated 1.42-acre parcel of land. This Sgt. Clean Car Wash is subject to a 20-year Triple Net (NNN) lease, which commenced 1/1/2024. The current annual rent is $446,852 and has scheduled increases of 2.00% annually.

FOR SALE DETAILS

PRICE

$6,620,027 USD

PRICE/SF

$1,439 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sgt. Clean Car Wash

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.42 AC

LAND SF

61,855 SF

ZONING

CS

APN/PARCEL ID

394-26-003,394-26-004

ASK ABOUT THIS PROPERTY

Glen KunofskySurmountMore Info
332-345-4222

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Glen KunofskySurmountMore Info
332-345-4222

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