370 Aurora Commons - Car Washes FOR SALE


Aurora, OH 44202 | 
$828,000 USD
216-658-6120
370 Aurora Commons, Aurora, OH for Sale
$828,000 USD
Car Washes - FOR SALE
1/10
null | 6.75% Cap Rate

370 Aurora Commons
Aurora, OH 44202


HIGHLIGHTS

  • Located within Aurora Commons, an established neighborhood retail center shadow-anchored by Marc’s.
  • Population of 143,839 residents and $160,786 average household income within a 20-minute drive time.
  • Net-leased investment opportunity within an established retail corridor.
  • Approximately 157,000 daytime population within a 20-minute drive time.
  • Net-leased investment opportunity within an established retail corridor.
  • Positioned along Aurora Commons Circle (8,700 VPD) and adjacent to SR-82/Aurora Road (25,000+ VPD).

OVERVIEW

Two-tenant NNN ground lease investment featuring Ultimate Wash and QuickChange Oil on approximately 3.14 acres. Ultimate Wash has operated at the property since 2001; QuickChange Oil has operated at the property since 2003. Absolute-net lease structure with tenant owned improvements.

FOR SALE DETAILS

PRICE

$828,000 USD

PRICE/SF

$167 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Multi-Building Investment Opportunity

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

3.14 AC

LAND SF

136,691 SF

ZONING

-

APN/PARCEL ID

03-018-00-00-032-012

ASK ABOUT THIS PROPERTY

Joseph KhouriCBRE, Inc.More Info
216-658-6120

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Joseph KhouriCBRE, Inc.More Info
216-658-6120

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