CIRCLE K

344 5th St NE, Barberton, OH 44203
$1,877,887

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

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