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7-Eleven 17664 Chillicothe Rd 1,872 SF Retail Building Chagrin Falls, OH 44023 $5,116,627 ($2,733.24/SF) 5.70% Cap Rate

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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

Service Station

Building Size

1,872 SF

Building Class

Year Built

1994

Price

$5,116,627

Price Per SF

$2,733.24

Cap Rate

5.70%

NOI

$291,648

Tenancy

Single

Building Height

1 Story

Building FAR

0.05

Lot Size

0.84 AC

Zoning

Parking

18 Spaces (9.62 Spaces per 1,000 SF Leased)

Frontage

68’ on Chillicothe Rd

Pylon Sign

Signage

Property Taxes

Parcel Number	02-342880	Improvements Assessment	$133,880
Land Assessment	$128,070	Total Assessment	$261,950

Property Taxes

Parcel Number

02-342880

Land Assessment

$128,070

Improvements Assessment

$133,880

Total Assessment

$261,950

(332) 345-4206

Contacts

Russell Wachtler
Edward DeMatteis
James Westerberg
Tyler Hardin
Glen Kunofsky
Christopher Marks
Surmount

Listing ID: 37900695
Date on Market: 10/1/2025
Last Updated:
Address: 17664 Chillicothe Rd, Chagrin Falls, OH 44023

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7-Eleven | 17664 Chillicothe Rd

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