Cap Rate
6.25%
Price Per SF
$669
Gross SQFT
6,075
Year Built
1983
Leasable Area
2,800 SF
Term Remaining
±6.17 Yrs
NOI
$117,368
Property Type
Retail
LEAD LISTING AGENT
Lee Cordova
Senior Associate
Email
[email protected]
License No.
714883 (TX)
Direct
+1 (214) 692-2191
Mobile
+1 (903) 316-9434
ADDITIONAL LISTING AGENT
INVESTMENT HIGHLIGHTS
- Absolute Net Lease with Approximately 6.17 Years Remaining and 1.5% Annual Increases
- Corporate Guaranty (BBB: S&P) – Couche-Tard Operates More than 14,100 Stores in 26 Countries
- Ranked #2 Convenience Store Operator in the US with 7,142 locations
- In 2021 reported $45.76 Billion in gross revenue & net earnings of $2.7 Billion
- Ideal for 1031 Exchange Property – With zero landlord responsibilities, and nearly 6.17 or term remaining, this is an ideal property for out-of-state investors.
- More than 125,000 Residents Within a Five-Mile Radius
- Strategically Located Next to Summa Health System’s (SHS) Barberton Campus; one of the largest integrated healthcare delivery systems in the state and the Largest Employer in Summit County
- Features High Visibility and Ease of Access with multiple points of ingress & egress
- Cleveland MSA – Home to a Population of Over 2 Million; Part of the Larger Cleveland-Akron-Canton CSA with a Population of 3.5 Million
Broker of Record
- Kyle Matthews
- License No. REC.2020005555 (OH)
- (310) 919-5757
- Matthews Real Estate Investment Services
- 950 Main Ave.,
Suite 510, Cleveland, OH 44113