3350 E 116th St - Convenience Store FOR SALE
Cleveland, OH 44120 |
3350 E 116th St
Cleveland, OH 44120
HIGHLIGHTS
- 20-YEAR, ABSOLUTE NNN LEASE
- ZERO LANDLORD OBLIGATIONS
- SCHEDULED 1.75% ANNUAL RENT INCREASES
- LEADING 462-UNIT OPERATOR GENERATING OVER $412 MILLION ANNUAL REVENUES AND $58 MILLION ANNUAL EBITDA
- OPERATOR SUPPLIES 210 MILLION GALLONS OF FUEL ANNUALLY
- RAPIDLY-GROWING OPERATOR; ACQUIRED 43 NEW LOCATIONS LAST YEAR AND IN PROCESS OF ACQUIRING 57 NEW SITES
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
Mountain Express NNN Lease
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Convenience Store
TOTAL BUILDING SIZE
1509
STORIES
1
YEAR BUILT
1963
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
127-21-015
