Sheetz NNN Property For Sale — Solon, OH
29500 Aurora Road, Solon, OH 44139
This new construction Sheetz, located at 29500 Aurora Road in Solon, Ohio, presents an excellent net lease investment. The property features a new 15-year Absolute NNN ground lease with rental increases. Situated on a prominent 3.57-acre parcel at a signalized corner, the site benefits from a strong business and manufacturing area, close to major transportation routes and a significant retail trade area. The surrounding populace is affluent, with an average household income of $178,000 within a one-mile radius, and a substantial daytime population. The location boasts nearly 40,000 vehicles per day, offering high visibility and accessibility. This investment opportunity combines strong real estate fundamentals with a long-term absolute NNN ground lease to a leading gas/convenience store t…
- Address: 29500 Aurora Road, Solon, OH 44139
- Asking price $5.79M
- 5.45% cap rate
- NOI $315,750
- 15 years remaining
- NNN lease
- Year built: 2025
- Building size: 5,062 SF
- Lot size: 3.57 acres
- Rent increases: 5% every 5 years in base term; 10% every 5 years in option periods
- Guarantor: Corporate
Location
This Sheetz property is at 29500 Aurora Road in Solon, Ohio.
Asset type: Retail