2865 Bishop Rd - Service Station FOR SALE


Wickliffe, OH 44092
$2,793,647 USD
332-345-4206
2865 Bishop Rd, Wickliffe, OH for Sale
$2,793,647 USD
Service Station - FOR SALE
1/2
null | 5.65% Cap Rate

2865 Bishop Rd
Wickliffe, OH 44092


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 2865 Bishop Rd, Willoughby Hills, OH 44092. The site consists of roughly 4,200 rentable square feet of building space on an estimated 2.39-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 $157,841 and has scheduled increases of 10.00% every 5 years.

FOR SALE DETAILS

PRICE

$2,793,647 USD

PRICE/SF

$535 USD /SF

CAP RATE

5.65%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7-Eleven

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

ADD'L SUBTYPES

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.39 AC

LAND SF

104,108 SF

ZONING

B

APN/PARCEL ID

31-A-008-D-00-034

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.