Single-Tenant Auto Service Net
For Sale
Contact for pricing
Pending
5117 Wilson Mills Rd, Cleveland, OH 44143
Fully leased Firestone auto service property with 8 years remaining on the lease and periodic rental increases.
Days on Market111
Property Features for 5117 Wilson Mills Rd
General Information
Standard status
Pending
Property subtype
Retail
Occupancy
100%
Additional Details
Traffic Count
17,000 vehicles/day
Building Details
Tenancy
Single
Listing Agency:
Forged Real Estate
(610) 608-2621
Listed By:
Marc Mandel · License #NJ
Source:
Crexi
Added: Apr 11
Changed: Jul 23
Last Checked: Jul 28 at 5:15PM
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 Forged Real Estate
Investment Insights
Based on property information with market context.
This single-tenant, net lease auto service property is fully leased to Firestone. The location has been occupied by Firestone since 1983 and is positioned with exposure along Wilson Mills Road. The lease features 8 years of remaining term, along with attractive rental increases throughout the option periods.
The site fronts Richmond Town Square, supporting consumer traffic to the location. The shopping center is in the process of redeveloping the former Sears site to include a Marriott brand hotel, 375 rental units, and other amenities intended to further increase foot traffic to the property.
From an operational standpoint, Firestone offers a range of maintenance and repair services for all makes and models of automobiles. Firestone is a subsidiary of Bridgestone Corporation.
The site fronts Richmond Town Square, supporting consumer traffic to the location. The shopping center is in the process of redeveloping the former Sears site to include a Marriott brand hotel, 375 rental units, and other amenities intended to further increase foot traffic to the property.
From an operational standpoint, Firestone offers a range of maintenance and repair services for all makes and models of automobiles. Firestone is a subsidiary of Bridgestone Corporation.
Key Highlights
- Single‑tenant Firestone net lease property in Richmond Heights, OH
- 8 years of remaining lease term with periodic rental increases during option terms
- Tenant in place since 1983; property is currently fully leased to Firestone
Property Analytics
Current Use
Lease Details
17,000 VPD
Traffic count
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
417
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 44143, OH
25,339
Population
11,879
Households
2.1
Avg Household Size
50
Median Age
43%
College-Educated
94%
High-School Grad
14.1 sq mi
ZIP Area
1,797
Density / Sq Mi
$75,853
Median Household Income
$52,497
Median Earnings
$952
Median Rent
$252,200
Median Home Value
Market
Vacancy Rate% for Retail in Cleveland, OH
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Similar Off Market Nearby
- Firestone Complete Auto Care — 700 Richmond Rd, Cleveland, OH 44143
- Firestone Complete Auto Care — 5117 Wilson Mills Rd, Cleveland, OH 44143
- Dunn Hardware's Mobile Lawn Mower Repair — 5144 wilson mills rd, richmond heights, oh 44143
- New Used & Rebuilt Transmissions Cleveland — 5247 Wilson Mills Rd, Richmond Heights, OH 44143
Frequently Asked Questions
What type of property is this?
Auto shop - Fully leased Firestone auto service property with 8 years remaining on the lease and periodic rental increases.
Where is this auto shop located?
The property is located at 5117 Wilson Mills Rd Cleveland, OH.
What are key features of this property?
This property features: Single‑tenant Firestone net lease property in Richmond Heights, OH; 8 years of remaining lease term with periodic rental increases during option terms; Tenant in place since 1983; property is currently fully leased to Firestone
