5395 N Abbe Rd - Medical FOR SALE


Elyria, OH 44035
$2,000,000 USD
203-253-9455
5395 N Abbe Rd, Elyria, OH for Sale
$2,000,000 USD
Medical - FOR SALE
1/3
null | 6% Cap Rate

5395 N Abbe Rd
Elyria, OH 44035


HIGHLIGHTS

  • Excellent Corporate Guarantee from Driven Brands
  • Strong Industry Growth
  • Recession-Resistance Service
  • Growing Vehicle Base & Longer Ownership

OVERVIEW

Surmount is pleased to present the exclusive listing for a Take 5 Oil Change located at 5395 Abbe Road North, Sheffield, OH 44035. The site consists of roughly 1,683 rentable square feet of building space on an estimated 0.41-acre parcel of land. Take 5 Oil Change is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $120,000 and has scheduled increases of 1.50% Annually.

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$483 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Take 5 Oil Change

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1962

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.41 AC

LAND SF

17,860 SF

ZONING

C

APN/PARCEL ID

03-00-001-000-207

ASK ABOUT THIS PROPERTY

Edward OtockaSurmountMore Info
203-253-9455

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

Edward OtockaSurmountMore Info
203-253-9455

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