Archive for: OH

 

• 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