2740 Navarre Ave 6,132 SF Retail Building Oregon, OH 43616 $3,950,000 ($644.16/SF) 5.70% Cap Rate

Absolute NNN Ground Lease – No Landlord Responsibilities | Corporate Guaranty | 15-Year Initial Term | Seven Five-Year Renewal Options
New Construction – Grand Opening July 2025
Located on Signalized Hard Corner of Navarre Ave and Issac Street Drive (29,123 Combined VPD) | Less than One Mile from I-280 with 72,870 VPD
Adjacent to the New Oregon Town Center Development, a Significant Mixed-Use Development Project Located on 12.5 Acres with Frontage on Navarre Ave | The Development Will Progress in Three Phases Which Will Include Retail, Restaurants, Green Spaces and Public Gathering Spots, Single-Family Residences, and an Apartment Complex with 208 Units Across Six Buildings | The Project is Currently Underway With an Expected Phase 1 Completion Date in May 2026
Investment-Grade Tenant: Sheetz, Inc., is One of the Fastest-Growing Convenience Store Chains in the World | 2024 Revenues were $14 Billion | The Company has 750 Locations in Seven States With Plans to Expand Into Michigan in 2025, and a New Distribution Center in Findlay, Ohio in 2026 | Further Expansion Plans Include Additional Southern States and the Midwest
Adjacent to Mercy Health – St Charles Hospital Complex | The Hospital has 390 Beds and is a Level III Trauma Center | Includes The Pediatric Center, Regency Hospital Group, Acute Rehabilitation Services Among Other Clinics and Specialty Physicians’ Offices
Within One Mile of Four Hotels and the Oregon Plaza Shopping Center With 2.7 Million Visitors per Year per Placer.ai | National Retailers Include Kroger, Five Below, Dollar General, Goodwill, Harbor Freight, AutoZone, Aaron’s, Starbucks, and Jersey Mike’s Subs
Oregon, OH is Located Near Lake Erie and Attracts a Number of Visitors to the Area | Growing Suburb of Toledo OH | Cost of Living in Oregon is 19.3% Lower Than the US Average | Low Unemployment Rate of 4% Versus Higher US National Average
Part of the Toledo, OH MSA with 611,000 Residents | Ideal Demographics: Five-Mile Daytime Population is 121,833