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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



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
- Offering Memorandum
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
Fifth Third Bank
PROPERTY TAXES
| Parcel Number | 452-34-011 | Improvements Assessment | $212,122 CAD |
| Land Assessment | $149,339 CAD | Total Assessment | $361,461 CAD |
PROPERTY TAXES
Parcel Number
452-34-011
Land Assessment
$149,339 CAD
Improvements Assessment
$212,122 CAD
Total Assessment
$361,461 CAD
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Marathon | 7498 Broadview Rd
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