Single-Tenant Industrial
TruGreen Lawn Care | NEW 10-Year Absolute NNN Lease | 2.5% Annual Rental Increases
2988 Nationwide Pkwy, Brunswick, OH 44212
Listing Price: $1,600,000
Cap Rate
6.25%
Gross SF
10,800
Price/Gross SF
$148.15
Lot Size
2.64 acres
Year Built
1990
Rentable SF
10,800
Investment Overview
TruGreen Lawn Care | New 10-Year Absolute NNN Lease | 2.5% Annual Rental Increases
TruGreen Lawn Care | NEW 10-Year Absolute NNN Lease | 2.5% Annual Rental Increases
Investment Highlights
- • New 10 Year Absolute NNN Lease Commencing July 2025 - Zero Landlord Responsibilities
- • Largest Lawn Care Company in the US with 315+ Locations - 2.3 Million Residential and Commercial Customers
- • 2.5% Annual Increases Throughout Base Term and Options - Provides Landlord Automatic Appreciation & Growing Cashflow
- • Longstanding Location | 35+ Year Historical Occupancy - Recent Tenant Lease Extension Demonstrates Proven Success
- • Original Build-to-Suit Construction for TruGreen - Facility Outfitted to Meet Specific Tenant Needs
- • Located in a Dense Industrial Trade Area - Quick Access to Interstate-71
- • Ideally Positioned Within Low Vacancy Industrial Parkway - Property Surrounded by National Tenants
- • Strong Demographics Located in the Cleveland MSA - Nearly 300,000 Residents Within 10-Miles
Single-Tenant Industrial
TruGreen Lawn Care | NEW 10-Year Absolute NNN Lease | 2.5% Annual Rental Increases
Listing Price: $1,600,000
Cap Rate
6.25%
Gross SF
10,800
Price/Gross SF
$148.15
Lot Size
2.64 acres
Year Built
1990
Rentable SF
10,800
Investment Highlights
- • New 10 Year Absolute NNN Lease Commencing July 2025 - Zero Landlord Responsibilities
- • Largest Lawn Care Company in the US with 315+ Locations - 2.3 Million Residential and Commercial Customers
- • 2.5% Annual Increases Throughout Base Term and Options - Provides Landlord Automatic Appreciation & Growing Cashflow
- • Longstanding Location | 35+ Year Historical Occupancy - Recent Tenant Lease Extension Demonstrates Proven Success
- • Original Build-to-Suit Construction for TruGreen - Facility Outfitted to Meet Specific Tenant Needs
- • Located in a Dense Industrial Trade Area - Quick Access to Interstate-71
- • Ideally Positioned Within Low Vacancy Industrial Parkway - Property Surrounded by National Tenants
- • Strong Demographics Located in the Cleveland MSA - Nearly 300,000 Residents Within 10-Miles
Investment Overview
TruGreen Lawn Care | New 10-Year Absolute NNN Lease | 2.5% Annual Rental Increases
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