1526 Vernon Odom Blvd Akron, OH 44320

Listing agency CBRE - Cleveland k***@cbre.com Show Phone

Listed by Kevin Moss · License #SAL.2015001299

Source Crexi

Added: Apr 13 Updated: Jul 22 at 7:31PM Checked: Jul 22 at 7:31PM

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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.

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

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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