Archive for: OH

 

• Built in 2017 with Zero Landlord Responsibilities
• Ideal Opportunity for 1031 Exchange Buyer
• Excellent Price Point
• 7% Yield on Long Term Absolute Triple (NNN) Net Lease Property
• 4 x 5 Year Options to Extend with 10% Rent Increases at Each Option
• Limited Discount Store Competition
• Located Just 45 Minutes Outside of Downtown Cleveland
• One Mile from RW Sidley Inc and Truck & Equipment – Northeast Ohio’s Provider of Mack Trucks, Concrete, Masonry and Building Supplies
• Nearby Tenants Include: United States Post Office, Thompson Town Hall, Thompson Police and Fire Departments, Stockers on the Park Restaurant and Thompson Feed

In Cooperation with Cooper Commercial Investment Group

BoR: Dan Cooper – Lic # 2009003618

 

• Built in 2017 with Zero Landlord Responsibilities
• Ideal Price Point for 1031 Buyer
• Long Term Absolute Triple (NNN) Net Lease Property
• 4 x 5 Year Options to Extend with 10% Rent Increases at Each Option
• Limited Discount Store Competition
• Located Just One Hour Outside of Downtown Cleveland
• Nearby Tenants Include U.S Post Office, Ends of the Commons General Store, Kuhns Manufacturing, Mesopotamia Filling Station and the Mespo Expo Center (Home of the “Night at the Races” and “Craft Show”)

In Cooperation with Cooper Commercial Investment Group

BoR: Dan Cooper – Lic # 2009003618

 

• Triple Net Lease with Minimal Landlord Responsibilities
• Corporate Guaranteed Lease with 2 x 5 Year Renewal Options on the Lease
• Located Near Berger Hospital and Ohio Christian University
• Strong Credit Tenant – Fresenius Medical Care (BB+)
• Neighboring Businesses Include: Kroger, Big Lots, Walmart Supercenter, ALDI and Peebles
• Fresenius Medical Care Holding Reported a 2015 Net Worth of $10.144 Billion
• Fresenius Medical Care is the World’s Largest Integrated Provider of Products and Services for Individuals Undergoing Dialysis Because of Chronic Kidney Failure, a Condition that Affects More than 2.5 Million Individuals Worldwide

In Cooperation with Cooper Commercial Investment Group, LLC – BoR: Dan Cooper Lic # 2009003618

 

• Brand New 2018 Construction – Scheduled to Open on January 28, 2018
• Dollar General (NYSE: DG) Recently Upgraded to BBB Credit Rating
• Absolute NNN 15 Year Lease
• Corporate Guaranty from Investment Grade Tenant
• Situated Off Interstate 80 with Approximately 37,396 VPD
• 5.7 Miles from the Youngstown State University with an Enrollment of Over 12,000 Students
• As of 2016, Population in Youngstown is 64,312

In Cooperation with Cooper Commercial Investment Group – BoR: Dan Cooper Lic # 2009003618

 

• Brand New 2018 Construction – Absolute Triple Net (NNN) Lease – No Landlord Responsibilities
• 15 Years of Lease Term Remaining
• Four (4) x Five (5) Year Options to Extend with 10% Rent Increases at Each Option
• Dollar General (NYSE: DG) Recently Upgraded To BBB Credit Rating
• Corporate Guaranty From Investment Grade Tenant
• Located Just One Hour Outside of Downtown Cleveland
• Neighboring Tenants Include – John F Kennedy High School, United States Postal Service, Moonraker Express, Famous Supply and Eastwood Mall

In Cooperation with Cooper Commercial Investment Group, LLC – BoR: Dan Cooper – Lic. # 2009003618

 

• Brand New 2018 Construction – Absolute Triple Net (NNN) Lease – No Landlord Responsibilities
• 15 Years of Lease Term Remaining with Rent Increase at Options
• Dollar General (NYSE: DG) Recently Upgraded To BBB Credit Rating
• Corporate Guaranty From Investment Grade Tenant
• Located Just 45 Minutes Outside of Downtown Cleveland
• Located Off of U.S. Route 322 – Main Artery to Cleveland and Across the Street From the Mayfield Sand Ridge Golf Club
• Neighboring Tenants Include – Sun Mart, Junction Buick GMC, Morning Star Friends Church and Mayfield Road Drive-In Theatre

In Cooperation with Cooper Commercial Investment Group, LLC – BoR: Dan Cooper – Lic. # 2009003618

 

• Brand New 2017 Construction
• Dollar General (NYSE: DG) Recently Upgraded to BBB Credit Rating
• Corporate Guaranty from Investment Grade Tenant
• Located Less Than 1-Mile from I-75, Main Thoroughfare with 40k VPD
• North Jackson Boasts an Average Household Income of $62,000
• Next Closed Comparable Grocer/Retailer is 4.5 Miles Away
• Located Less Than 5 Miles from General Motors Co. Warren, OH Facility, Currently Employing 3,000 Workers and Growing
• Just Outside Youngstown, OH with a Population of More than 65,000 People

In Cooperation with Cooper Commercial Investment Group, LLC – BoR: Dan Cooper Lic # 2009003618

 

• Absolute Triple Net (NNN) Lease – No Landlord Responsibilities
• Over 10 Years of Lease Term Remaining with Rent Increase in Year 11 (2024)
• Excellent Demographics in Surrounding Area with 233,000 Residents Within a 5-Mile Radius
• Dollar General (NYSE: DG) Recently Upgraded to BBB Credit Rating
• Corporate Guaranty from Investment Grade Tenant
• Toledo Future Job Growth Over the Next 10 Years Expected to be 37%
• Located .5 Miles from Mercy St. Vincent Medical Center, Serving Over 75k Patients Per Year
• Located 1.3 Miles from Downtown Toledo – Attractions Include Huntington Center, Seagate Convention Center, Valentine Theater, and Fifth Third Field (28k Total Seats)
• Located 1 Mile from Toledo Museum of Art, Boasting 470K Visitors Per Year

In Cooperation with Cooper Commercial Investment Group, LLC – BoR: Dan Cooper Lic # 2009003618

 

• Long Term Absolute NNN Lease with ~19 Years Remaining
• Lease is Guaranteed by FQSR LLC Which Encompasses all Restaurant Locations
• KBP Foods (The Largest KFC Franchisee in the U.S.) Operates 449 Locations in 20 States
• Outparcel to Meijer Market
• Signalized Corner at the Epicenter of the Retail Corridor in Rossford
• Major Surrounding Tenants Include: Walmart, Home Depot, Lowe’s, Kroger, Target, CVS and Walgreens
• Excellent Demographics in Surrounding Area with Above Average Household Income of Over $74,000 Within a 1-Mile Radius
• High Traffic Counts Along Fremont Pike with Over 30,000 VPD and Interstate 75 with Over 45,000 VPD
• Site Located 11-Miles Outside of Toledo, OH
• Fixed Rent Increases Throughout the Term
• 4 x 5 Year Options to Extend with 2% Rent Increases at Each Option

In Cooperation with Cooper Commercial Investment Group, LLC – BoR: Dan Cooper Lic # 2009003618

 

• Absolute Triple Net (NNN) Lease – Zero Landlord Responsibility
• Brand New 2017 Construction
• All Brick Building With Upgraded Construction and Landscaping
• Long Term 15 Year Lease Commenced March 2017
• Four (4) x Five (5) Year Options for Renewal with 10% Increases
• Corporate Guarantee From Investment Grade Tenant
• Excellent Demographics – 240,000+ Residents with an Average Household Income of Over $65,000 Within a 5-Mile Radius
• The City Was Designed to be The State Capital and was Named the Most Intelligent City in the US in 2013 – List Released by the Intelligent Community Forum, According to the Columbus Dispatch
• Columbus Holds Distinction as Ohio’s Largest City Ahead of Cleveland and Cincinnati
• Ranked the 15th Largest City in America Based Off Population
• Nearby Tenants Include: Home Depot, McDonald’s, Hollywood Casino, Kroger, Taco Bell and More

In Cooperation with Cooper Commercial Investment Group, LLC – BoR: Dan Cooper Lic # 2009003618

 

• Absolute Triple Net (NNN) Lease
• Brand New 2016 All Brick Construction
• Corporate Guaranty from Investment Grade Tenant
• 10% Rental Increases in Option Periods
• Passive Investment Ideal for Out-of-State Investors
• Ideally Situated with Excellent Demographics in Excess of 230,000 Residents Within a 5 Mile Radius
• Located 3.5 Miles from Cleveland State University with an Enrollment of Over 17,000 Students and 2.5 Miles from Case Western Reserve University with Over 18,000 Students, Faculty and Staff
• Close Proximity to the Heart of Downtown Cleveland Which Includes Several Tourist & Local Destinations Such as: The Iconic Rock & Roll Hall of Fame, Quicken Loans Arena (Home of the 2016 NBA Champions Cleveland Cavaliers) and Progressive Field (Home of the 2016 American League Champions Cleveland Indians)
• In Cooperation with Cooper Commercial Investment Group, LLC BoR: Dan Cooper Lic # 2009003618

 

• Strong Corporate Guarantee – S&P Credit Rating BBB
• Extremely High Store Sales – Over $36.7 Million in 2014 ($475.67 PSF)
• Consistent Sales Growth – Store has Increased Sales Every Year Since Opening and Up by Nearly 50% Since 2007
• Healthy Rent to Sales Ratio – Below 2%
• Long Term Secure Income Stream – 11 Years Remaining on Primary Term
• NNN Lease – Minimal Landlord Responsibilities
• Seller Will Agree to Manage Common Area Eliminating Management Responsibility by Buyer
• Newly Constructed Building – Built in 2006 Providing Minimal to No Deferred Maintenance

 

• 11+ Years Remaining on NNN Corporate Lease
• Rent Increases in 2020 and Each Option
• Advance Auto Parts (NYSE: AAP)  is an Investment Grade Tenant (S&P BBB-)
• Minimal Landlord Responsibilities
• Top Performing Location – Sales Increase of 7.50% from 2012 through 2014
• Hub Store for Surrounding Market Area
• Recently Signed Lease Extension Through 2026 – Tenant is Committed to Location
• Dense, High Traffic Retail Area with National Credit Tenants in Surrounding Area
• High Daily Traffic Count of 40,000+ VPD

 

• Triple Net Lease with 14 Years Remaining on Long Term Lease
• Sales Have Increased Over 8% from 2013 to 2014
• New Roof Installed in 2015 with 20-Year Transferable Warranty
• Ideal Location Along Busy Retail Corridor. Neighboring Tenants Include IGA, Taco Bell, Family Dollar, Arby’s and AutoZone
• Excellent Traffic Counts with 12,000 VPD Along Youngstown-Poland Rd and 46,000 VPD Along Nearby I-680

 

• Single Tenant Absolute NNN Investment
• Long Term Lease with 10 Years Remaining
• 8% Rental Increases at Options
• Three 5-Year Options Remain
• Ideal Trade Area Location Nearby McDonalds, Circle K, Dunkin Donuts, Walgreens, CVS, Subway, Big Lots and More

 

• Value Added Opportunity – 9.42% Cap Rate on Actual Income
• 60% of the Space Leased to DaVita (S&P BB-) With Over 9 Years Remaining on Base Term
• Low Price per Square Foot – Underr $150 PSF
• 18% of SF Vacant – Offers Upside at Lease Up to 11.37% CAP Rate
• Large Lot

 

• Strong Credit Tenant – Fresenius Medical Care (BB+)
• Long Term Operating History at this Location Since 1990
• Strong Location: 21 Stations, 3 Shifts M, W, F 2 Shifts T, TH, Sat
• Located Amongst Many Hospitals and Clinics

 

• KeyBank is a National Credit Tenant (NYSE:KEY). KeyBank. Posted a 2013 Total Revenue of Over $4.1 B and Maintains an A- Credit Rating by Standard and Poor.
• KeyBank Exercised its Next 5-Year Option more than a Year Early Showing a Strong Commitment to the Site.
• The Price Per Square Foot of the Building ($282.00) is Below Replacement Cost.
• Next Rent Increase of 10% will Occur April 1, 2015, and there are 10% increases in options as well.
• A Bank has been at the Location Since 1973; KeyBank has Operated as a Bank There Since 1993.
• Tenant Pays Insurance, and CAM Charges Making this an Ideal Investment for Out-of-State Investors.
• Tenant is Responsible for Repair and Maintenance of Roof and Structure.
• Surrounding Synergistic Tenant Mix Creates a Destination to this Particular Trade Area and Satisfies Both Daytime and Evening Consumer Demands. Surrounding Tenants Include: Lowe’s, Chipotle, Fifth Third bank, Dunkin Donuts, Burger King, IHOP, KFC and more.
• Strategically Located Along Route 28 Near the Intersection of Route 28 and Interstate 275.

 

• Single Tenant NNN Lease with 9 Years Remaining
• Central Retail Location
• Rent Increases in March 2018
• Tenant Recently Completed a $75,000 Wellness Center at this Location
• Rite Aid is publicly Traded on the NYSE (RAD) & Boasts $25B in Revenue, $250M in Net Income

 

• Low Management STNL Asset
• Absolute NNN Long-Term Lease
• Rare 2% Annual Increases
• Investment Grade Tenant
• Corporate Guaranty: 7-Eleven
• S&P AA- Credit Rating
• Strong Retail Location
• Over 22,400 Vehicles Per Day on Graham Rd