9601 Vista Way - Storefront FOR SALE


Garfield Heights, OH 44125
$1,573,305 USD
305-905-3215
9601 Vista Way, Garfield Heights, OH for Sale
$1,573,305 USD
Storefront - FOR SALE
1/3
null | 9.5% Cap Rate

9601 Vista Way
Garfield Heights, OH 44125


HIGHLIGHTS

  • Only dispensary in trade area; nearest competitor ~6 miles away
  • 9.50% cap rate | $149,464 NOI | $1,573,305 list price
  • NNN lease through June 2033 with 4 x 5-year renewal options
  • Freeway-adjacent: ±157,600 VPD on I-480 corridor
  • Vertically integrated operator with cultivation & processing licenses
  • Ohio Senate Bill 56 caps dispensaries at 400, protecting market position

OVERVIEW

Matt Wallace License # BRKP.2024002419, REC.2022007141 (OH) Matthews Real Estate Investment Services, Inc 950 Main Ave., Suite 510, Cleveland, OH 44113 (866) 889-0550

FOR SALE DETAILS

PRICE

$1,573,305 USD

PRICE/SF

$318 USD /SF

CAP RATE

9.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Terrasana

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

66

LAND DETAILS

LAND ACRES

0.94 AC

LAND SF

40,946 SF

ZONING

Commercial-Retail

APN/PARCEL ID

542-25-043

ASK ABOUT THIS PROPERTY

Alexander MachadoMatthews Real Estate Investment ServicesMore Info
305-905-3215

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Alexander MachadoMatthews Real Estate Investment ServicesMore Info
305-905-3215

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