New Circle K Ground-Leased Gas
1526 Vernon Odom Blvd Akron, OH 44320
For Sale
Contact for pricing
Pending
Newly built May 2025 Circle K on 3.20 acres offers a 20-year ground lease with scheduled rent increases.
Property Size5,200 SF
Lot Size3.20 Acres
Days on Market103
Property Features for 1526 Vernon Odom Blvd
General Information
- Standard status
- Pending
- Size
- 5,200 SF
- Lot size
- 3.20 Acres
- Property subtype
- Retail
Listing Agency:
CBRE - Cleveland
(216) 577-1517
Listed By:
Kevin Moss · License #SAL.2015001299
Source:
Crexi
Added: Apr 13
Changed: Jul 22
Last Checked: Jul 23 at 11:37AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Cleveland
Investment Insights
Based on property information with market context.
CBRE is pleased to offer for sale a newly built (May 2025) 5,200-square-foot Circle K gas station situated on 3.20 acres in Akron, OH. The property is being sold subject to Circle K’s ground lease structure.
The ground lease provides for a 20-year initial term with rent increases of 7.5% every five years throughout the initial term. The lease also includes seven 5-year renewal options, with rent increases of 10% in each renewal period.
This offering is presented as a leased investment with the described long-term contractual rent escalations and renewal framework.
The ground lease provides for a 20-year initial term with rent increases of 7.5% every five years throughout the initial term. The lease also includes seven 5-year renewal options, with rent increases of 10% in each renewal period.
This offering is presented as a leased investment with the described long-term contractual rent escalations and renewal framework.
Key Highlights
- Newly built May 2025 Circle K with 5,200 SF on 3.20 acres in Akron, OH
- 20‑year ground lease term with 7.5% rent increases every 5 years during the initial term
- Includes seven 5‑year renewal options with 10% rent increases in each renewal period
Property Analytics
Location Intelligence
Current Use by Public Records
Western Union
Bank
CheckSmart
Bank
Roming Square Shopping ...
Shopping Center & Mall
FAQs
What type of property is this?
Gas station - Newly built May 2025 Circle K on 3.20 acres offers a 20-year ground lease with scheduled rent increases.
Where is this gas station located?
The property is located at 1526 Vernon Odom Blvd Akron, OH.
What are key features of this property?
This property features: Newly built May 2025 Circle K with 5,200 SF on 3.20 acres in Akron, OH; 20‑year ground lease term with 7.5% rent increases every 5 years during the initial term; Includes seven 5‑year renewal options with 10% rent increases in each renewal period
