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7715 Mentor Ave
Mentor, OH 44060
New Starbucks: Rare Lease Structure: 5.5% CAP · Retail Property For Sale
Investment Highlights
- Corporately Backed, Single-Tenant Location with High-Profile, Publicly-Traded Starbucks (NASDAQ: SBUX/S&P “BBB+”/Moody’s “Baa1”)
- Dynamic Demographics with High Average Household Incomes of Over $105,000 and Over 44,000 People in a 3-Miles Radius
- Mentor, Ohio: Recently Named to the “100 Best Places to Live in the U.S.” by Money Magazine and “Best Places to Retire” by Smart Money Magazine
- New Construction with 9 Years of Term Remaining (No Early Termination Rights) and Mid-Term Rental Increase (2027)
- Rare Starbucks Lease Structure: NNN Lease (LL Responsible Roof/Structure) w/ No Daily Management Responsibilities & 20-Yr. Transferrable Roof Warran
- Prototype Relocation Store at Ideal Corner Location in the Heart of the Retail Corridor on Oversized 0.76-Acre Lot w/ Drive-Thru & Patio
Property Facts
Property Type
Retail
Property Subtype
Building Size
2,200 SF
Building Class
B
Year Built
2022
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.77 AC
Zoning
C
Parking
15 Spaces (0 Spaces per 1,000 SF Leased)
Frontage
220’ on Mentor Ave.
Amenities
- Bus Line
- Corner Lot
- Dedicated Turn Lane
- Restaurant
- Signage
- Signalized Intersection
- Drive Thru
- Monument Signage
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