4184 Pearl Rd
Medina, OH 44256
Retail Property For Sale

FOR SALE BY OWNER** Alrig USA is pleased to present this brand new construction T-Mobile Corporate, Five Guys and Bright Now! Dental located in Medina, Ohio. This development is located directly across from a well performing Walmart, Kohl's and Hobby Lobby power center. Rent is scheduled to commence for Five Guys and Bright Now Dental in July 2018 and for T-Mobile in August 2018. T-Mobile will be operating on a 10 Year NNN lease with 10% rent escalations every five years, including all three, five-year option terms. Five Guys will be operating on a 10 Year NNN lease that is flat through the initial term but has 10% rent escalations in each of the three, five-year options. Bright Now Dental will be operating on a 10 Year NNN lease with 8% rent escalations every five years, including each of the two, five-year options. All of the leases are Corporately Guaranteed. This property is highly visible being located on Pearl Rd which sees over 30,000 vehicles per day. The surrounding area is heavily populated with 166,000 residents within a 10 mile radius. Also has a very strong daytime population with over 58,000 employees in the immediate trade area. There are many national retailers surrounding the subject property including Walmart, Hobby Lobby, Kohl's, Home Depot, Marshall's, Petsmart, Pier 1 Imports Panera Bread and many more.