7-Eleven NNN Property For Sale — Chagrin Falls, OH · 1,900 SF
Chagrin Falls, OH unknown
This 7-Eleven NNN (triple net lease) property in Chagrin Falls, OH, presents an excellent investment opportunity. Built in 1994, the property features 1900 square feet of building space and offers a stable income potential with a cap rate of 5.7%. The asking price of $5,161,912 makes it an attractive option for investors, including those seeking 1031 exchange opportunities. 7-Eleven NNN properties are known for providing predictable cash flow with minimal landlord responsibilities due to the triple net lease structure where the tenant handles property taxes, insurance, and maintenance. As a nationally recognized brand, 7-Eleven provides a strong tenant covenant. The property is situated in Chagrin Falls, OH, benefiting from strong local demographics, excellent visibility, and accessibilit…
- Address: Chagrin Falls, OH unknown
- Asking price $5.16M
- 5.70% cap rate
- NOI $291,648
- 10.6 years remaining
- NNN lease
- Year built: 1994
- Building size: 1,900 SF
- Lot size: 0.84 acres
- Lease expiration: Jul 31, 2036
- Guarantor: Corporate
Location
This 7-Eleven property is in Chagrin Falls, Ohio.
Asset type: Retail, Convenience Store, Gas Station