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Marathon 7498 Broadview Rd 3,030 SF Retail Building Parma, OH 44134 $2,727,194 CAD ($900.06 CAD/SF) 6% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Marathon Gas Station | Corporately Guaranteed by Alimentation Couche-Tard Inc. & Mac’s Convenience Stores LLC
  • NNN Lease – No Landlord Responsibilities
  • Five, Five-Year Renewal Options and Two, Ten-Year Renewal Options Remaining
  • Circle K Subleased to 749 Broadview Rd LLC a Circle K Approved Franchisee | Operates Seven Gas Stations with 20+ Years of Experience
  • Lease Offers 1.5% Annual Rent Increases – Providing a Strong Hedge Against Inflation
  • Situated On a Hard Corner at Four-Way Signalized Intersection | Aggregate Traffic Counts of 27,729 AADT

EXECUTIVE SUMMARY

Marathon Gas Station | Corporately Guaranteed by Alimentation Couche-Tard Inc. & Mac’s Convenience Stores LLC

DATA ROOM Click Here to Access

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Convenience Store
Building Size
3,030 SF
Building Class
B
Year Built
2002
Price
$2,727,194 CAD
Price Per SF
$900.06 CAD
Cap Rate
6%
NOI
$163,632 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
0.40 AC
Zoning
C - Service Station
Parking
6 Spaces (1.98 Spaces per 1,000 SF Leased)
Frontage
131’ on Broadview Rd

AMENITIES

  • Signalized Intersection

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Marathon
  • -
  • 99,999 SF
  • -
  • Jan 0000
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Marathon - 99,999 SF - Jan 0000

NEARBY MAJOR RETAILERS

Planet Fitness
Burn Boot Camp
7 Brew Coffee
Starbucks
Keybank
Citizens Bank
Fifth Third Bank
Giant Eagle
Bonchon
Buffalo Wild Wings

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
452-34-011
Land Assessment
$149,339 CAD
Improvements Assessment
$212,122 CAD
Total Assessment
$361,461 CAD
  • Listing ID: 38170147

  • Date on Market: 2025-10-22

  • Last Updated:

  • Address: 7498 Broadview Rd, Parma, OH 44134

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