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7-Eleven With Gas Station 11690 Snow Rd 2,900 SF Retail Building Cleveland, OH 44130 $1,957,778 CAD ($675.10 CAD/SF) 5% Cap Rate
INVESTMENT HIGHLIGHTS
- 2,899 +/- SF Freestanding Single Tenant 7-Eleven Gas Station Situated on .52 Acres
- 35+ Year Operating History | 7-Eleven Exercised their Option Extending their term through September 2030
- Adjacent to a 332 Bed Hospital Which Employs Over 2,000 Employees
- Absolute 'NNN' Net Lease | Zero Landlord Responsibilities
- Located Less Than 3 Miles From the Proposed Cleveland Browns Stadium
- Site Features 3 Fuel Pumps with 6 Total Fueling Positions
EXECUTIVE SUMMARY
2,899 +/- SF Freestanding Single Tenant 7-Eleven Gas Station Situated on .52 Acres
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Convenience Store
Building Size
2,900 SF
Building Class
B
Year Built
1990
Price
$1,957,778 CAD
Price Per SF
$675.10 CAD
Cap Rate
5%
NOI
$97,889 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.52 AC
Zoning
Commercial
Parking
10 Spaces (4.16 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
- Signage
- Signalized Intersection
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 442-43-020 | Improvements Assessment | $220,797 CAD |
| Land Assessment | $145,210 CAD | Total Assessment | $366,007 CAD |
PROPERTY TAXES
Parcel Number
442-43-020
Land Assessment
$145,210 CAD
Improvements Assessment
$220,797 CAD
Total Assessment
$366,007 CAD
CONTACTS
-
Deno Bistolarides -
Leonard Minuto -
Dante Hargis -
Ryan Vinco -
Encore Real Estate Investment Services
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7-Eleven With Gas Station | 11690 Snow Rd
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