4615 Leavitt Rd | Lorain, OH 44053
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4615 Leavitt Rd
Lorain, OH 44053
New Quick Run C-Store & Gas | 20-Yrs · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Fixed 10% rental increases throughout the base term and option periods, providing for improving future cash flow
- 2020 masonry build-to-suit construction, with ±3,600 SF convenience store and 16 fuel pumps
- Highly attractive blended return of 7.43% over the initial hold period, if purchased at asking price
- Three revenue generators in one asset – fuel pumps, convenience store and Caffe Espresso
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
3,577 SF
Building Class
B
Year Built
2020
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.17 AC
PROPERTY TAXES
| Parcel Number | 02-02-008-107-075 | Improvements Assessment | $1,190,000 |
| Land Assessment | $558,366 | Total Assessment | $1,748,366 |
PROPERTY TAXES
Parcel Number
02-02-008-107-075
Land Assessment
$558,366
Improvements Assessment
$1,190,000
Total Assessment
$1,748,366
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