35521 Chester Rd Avon, OH 44011

This exceptional investment opportunity presents a 60,000 square foot, single-tenant retail property leased to Dick's Sporting Goods (NYSE: DKS), a company with an S&P BBB Investment Grade Rating. The property boasts a prime location at the high-traffic intersection of Chester Road and Center Road in Avon, Ohio, experiencing over 60,000 cars per day. This affluent and growing market features over 107,000 residents within a 5-mile radius, with an average household income exceeding $163,000 within a 3-mile radius, ensuring a strong customer base. The property's strategic positioning benefits from its proximity to other successful retailers, including Cabela's, and the anticipated opening of Topgolf in 2025, further enhancing customer traffic and creating a synergistic retail environment. Dick's Sporting Goods' strong financial performance, including double-digit net profit growth in Q2 2024, underscores the investment's stability and potential for continued growth. The property sits on a 7.73-acre lot and is offered at $19,840,000, generating a net operating income of $1,260,000. This is a rare opportunity to acquire a high-performing retail asset in a thriving market. The property's size, tenant, and location combine to create a compelling investment opportunity with significant long-term potential.