Auto Service - Gas-Conv
Marathon
7498 Broadview Rd, Parma, OH 44134
Listing Price: $1,988,200
Cap Rate
6.00%
Tenant Name
Circle K
Years Remaining On Lease
3.1
Guarantor
Corporate Guarantee
Rentable SF
3,030
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$39.37
Investment Overview
3,030 SF Circle K Consisting of Twelve Fueling Stations
Marathon
Investment Highlights
- 3,030 SF Circle K Consisting of Twelve Fueling Stations
- NNN Lease –No Landlord Responsibilities
- Lease Offers 1.5% Annual Rent Increases –Providing a Strong Hedge Against Inflation
- Five, Five-Year Renewal Options and Two, Ten-Year Renewal Options Remaining
- Situated On a Hard Corner at Four-Way Signalized Intersection | Aggregate Traffic Counts of 27,729 AADT
- Population Over 170,000 Within a Five-Mile Radius
Listing Price: $1,988,200
Cap Rate
6.00%
Tenant Name
Circle K
Years Remaining On Lease
3.1
Guarantor
Corporate Guarantee
Rentable SF
3,030
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$39.37
Investment Highlights
- 3,030 SF Circle K Consisting of Twelve Fueling Stations
- NNN Lease –No Landlord Responsibilities
- Lease Offers 1.5% Annual Rent Increases –Providing a Strong Hedge Against Inflation
- Five, Five-Year Renewal Options and Two, Ten-Year Renewal Options Remaining
- Situated On a Hard Corner at Four-Way Signalized Intersection | Aggregate Traffic Counts of 27,729 AADT
- Population Over 170,000 Within a Five-Mile Radius
Investment Overview
3,030 SF Circle K Consisting of Twelve Fueling Stations
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