7515 Auburn Rd - Service Station FOR SALE
Painesville, OH 44077 |
$2,826,279 USD
646-921-9713
7515 Auburn Rd
Painesville, OH 44077
HIGHLIGHTS
- Valuable Holding Income: The existing NNN lease provides a stable annual cash flow of over $187,000 for approximately four more years, offering secure
- Prime High-Traffic Location: Strategically situated along Auburn Road with exposure to approximately ±27,880 vehicles per day, the site offers excepti
- Significant Repositioning Upside: The property is currently dark, presenting a compelling opportunity to re-tenant or redevelop the site for a new use
- Leverageable Existing Infrastructure: Utilizing the existing fueling and utility infrastructure can significantly reduce initial costs for a new energ
- Control and Customization: As an owner-user, you gain complete control of the property, allowing for full customization of the space to fit specific b
FOR SALE DETAILS
PRICE
$2,826,279 USD
PRICE/SF
$1,431 USD /SF
CAP RATE
6.8%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Dark 7-Eleven
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Service Station
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1994
SPRINKLERS
-
PARKING SPACES
20
LAND DETAILS
LAND ACRES
0.53 AC
LAND SF
23,086 SF
ZONING
B-2
APN/PARCEL ID
08-A-019-0-00-024
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646-921-9713
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646-921-9713
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