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7-Eleven 17664 Chillicothe Rd 1,900 SF 100% Leased Retail Building Chagrin Falls, OH 44023 $5,161,912 ($2,716.80/SF) 5.65% Cap Rate
Investment Highlights
- Long Term Absolute Triple Net (NNN) Lease
- Attractive Rental Increases
- Corporate Guarantee
- Long Term Operating History
Executive Summary
Surmount is pleased to present the exclusive listing for a 7-Eleven located at 17664 Chillicothe Road, Chargin Falls, OH 44023. The site consists of roughly 1,900 rentable square feet of building space on an estimated 0.84-acre parcel of land. This 7-Eleven is subject to a 11-year Triple Net (NNN) lease, which commenced 8/1/2025. The current annual rent is $291,648 and has scheduled increases of 10.00% every 5 years.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
1,900 SF
Year Built/Renovated
1994/2014
Price
$5,161,912
Price Per SF
$2,716.80
Cap Rate
5.65%
NOI
$291,648
Percent Leased
100%
Building Height
1 Story
Building FAR
0.05
Lot Size
0.84 AC
Nearby Major Retailers
Contacts
-
Russell Wachtler -
James Westerberg -
Edward DeMatteis -
Patrick Finn -
Andrew Darby -
Glen Kunofsky -
Christopher Marks -
Surmount
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7-Eleven | 17664 Chillicothe Rd
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