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7-Eleven 3050 Graham Rd 4,000 SF Retail Building Stow, OH 44224 $4,609,440 ($1,152.36/SF) 5.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Corporate Guarantee
- Bonus Depreciation Eligible
- Premier Location in Designated Retail Corridor
- Established Residential Base Directly Along Graham Road
EXECUTIVE SUMMARY
Surmount is pleased to present the exclusive listing for a 7-Eleven located at 3050 Graham Road, Stow, OH 44224. The site consists of roughly 4,000 rentable square feet of building space on an estimated 1.1-acre parcel of land. 7-Eleven is subject to a 20-year Triple Net (NNN) lease, which commenced 11.17.2009. The current annual rent is $253,519 and has scheduled increases of 2.00% Annually.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Convenience Store
Building Size
4,000 SF
Building Class
C
Year Built
1996
Price
$4,609,440
Price Per SF
$1,152.36
Cap Rate
5.50%
NOI
$253,519
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.10 AC
Zoning
Commercial
Frontage
AMENITIES
- Pylon Sign
- Signalized Intersection
NEARBY MAJOR RETAILERS
Fifth Third Bank
PROPERTY TAXES
| Parcel Number | 56-14399 | Improvements Assessment | $471,013 |
| Land Assessment | $115,294 | Total Assessment | $586,307 |
PROPERTY TAXES
Parcel Number
56-14399
Land Assessment
$115,294
Improvements Assessment
$471,013
Total Assessment
$586,307
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7-Eleven | 3050 Graham Rd
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