Northmarq presents a rare opportunity to acquire a newly constructed Sheetz convenience store and fueling station in Solon, Ohio—one of the most affluent suburbs in the Cleveland MSA. Completed in July 2025, this 5,062 SF asset sits on a 3.57-acre parcel and is secured by a 15-year absolute NNN ground lease with Sheetz, Inc., a nationally recognized operator with over 770 locations. The lease structure offers investors a passive income stream with zero landlord responsibilities and scheduled rent escalations every five years.
Strategically located along Aurora Road, a high-traffic corridor with over 40,000 vehicles per day, the property enjoys exceptional visibility and accessibility. It is less than half a mile from US Highway 422, positioning it as the first accessible fuel and food option for commuters. The surrounding trade area boasts over 111,000 residents within a 5-mile radius and an average household income exceeding $164,000 within one mile, underscoring the site’s strong consumer base.
Solon’s limited development pipeline and high barriers to entry further enhance the long-term stability of this investment. The city is home to major employers like Nestlé and Swagelok, and benefits from proximity to Cleveland’s world-class institutions and infrastructure. With its modern design, full fueling station layout, and corporate-guaranteed lease, this Sheetz location represents a premier net lease investment in a high-demand market.