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7-Eleven 15 Pearl Rd 2,448 SF Retail Building Brunswick, OH 44212 $2,928,168 CAD ($1,196.15 CAD/SF) 8.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Absolute Triple Net Lease There are over three (3) years remaining on an absolute triple-net lease, with no landlord responsibilities
- Strong Demographics There are over 9,000 individuals within a one mile radius, and over 102,000 within a five mile radius
- Corporate Guarantee This lease is guaranteed by 7-Eleven, Inc. an outstanding A-rated credit (S&P) with decades of successful operations
EXECUTIVE SUMMARY
Surmount is pleased to present the exclusive listing for a 7-Eleven located at 15 Pearl Road, Brunswick, OH 44212. The site consists of roughly 2,448 rentable square feet of building space on an estimated 1.53-acre parcel of land. This 7-Eleven is subject to a 20-year Triple Net (NNN) lease, which commenced 5/1/2009. The current annual rent is $180,032 and has scheduled increases of none.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Convenience Store
Building Size
2,448 SF
Building Class
C
Year Built
1999
Price
$2,928,168 CAD
Price Per SF
$1,196.15 CAD
Cap Rate
8.50%
NOI
$248,894 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
1.53 AC
Zoning
GW-C
Frontage
AMENITIES
- Signage
- Signalized Intersection
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 003-18B-01-041 | Improvements Assessment | $334,081 CAD |
| Land Assessment | $342,189 CAD | Total Assessment | $676,270 CAD |
PROPERTY TAXES
Parcel Number
003-18B-01-041
Land Assessment
$342,189 CAD
Improvements Assessment
$334,081 CAD
Total Assessment
$676,270 CAD
CONTACTS
-
Russell Wachtler -
James Westerberg -
Patrick Finn -
Andrew Darby -
Edward DeMatteis -
Glen Kunofsky -
Christopher Marks -
Surmount
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7-Eleven | 15 Pearl Rd
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