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12432 Saint Clair Ave
Cleveland, OH 44108
Net-Leased Save-A-Lot | Major Franchisee · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Save-A-Lot Double-Net Lease with 7 Years Remaining in Cleveland, Ohio
  • Significant Investment by Franchisee in Store’s Long-Term Success – Franchisee Just Acquired Location from Corporate in 2021
  • Double-Net Structure – Minimal Landlord Responsibilities – Roof/Structure/Major HVAC Only
  • Major 31-Unit Ohio-Based Franchisee with 13 Other Stores in the Cleveland MSA (+17 More in Central/Southern Ohio)
  • Approx. 6% Scheduled Rent Increase in 2025 with 18% Rent Increase in Next Option
  • Located Just 0.7-Mile from I-90 Exit Ramps at Eddy Road (126,000 VPD)

PROPERTY FACTS

Property Type
Retail
Building Size
16,450 SF
Building Class
C
Year Built/Renovated
1996/2000
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
1.56 AC
Zoning
LR
Frontage
203’ on E St

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
110-06-010
Land Assessment
$19,810
Improvements Assessment
$0
Total Assessment
$19,810
  • Listing ID: 27509398

  • Date on Market: 1/13/2023

  • Last Updated:

  • Address: 12432 Saint Clair Ave, Cleveland, OH 44108

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