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7-Eleven NNN Investment Opportunity
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16625 Royalton Rd, Strongsville, OH 44136

NNN leased 7-Eleven in Strongsville, OH with scheduled rent increases.

Property Size2,700 SF
Lot Size0.61 Acres
Price / SF$1,864
Days on Market264

Property Features for 16625 Royalton Rd

General Information

Standard status Active
Size 2,700 SF
Lot size 0.61 Acres
Property subtype Retail
Occupancy 100%
Lease Type NNN
Investment Type Net Lease
Net Operating Income $266,853

Building Details

Year Built 1984
Year Renovated 2003
Tenancy Single
Listing Agency: SURMOUNT
Listed By: Russell Wachtler · License #NY: 10401294048
Source: Crexi
Added: Nov 21, 2025 Changed: Aug 8 Last Checked: Aug 11 at 7:38PM

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 SURMOUNT

Investment Insights

Based on property information with market context.

This property features a 7-Eleven situated on Royalton Road in Strongsville, OH. The building encompasses approximately 2,700 rentable square feet and is positioned on an estimated 0.61-acre parcel of land. The property is subject to a 15-year Triple Net (NNN) lease, which commenced on August 1, 2025. The current annual rent is $266,853, with scheduled increases of 10.00% every 5 years.

Key Highlights

  • 15‑year Triple Net (NNN) lease commencing 8/1/2025
  • Current annual rent of $266,853
  • Scheduled rent increases of 10.00% every 5 years

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Carpet & Flooring Store Catering Service Electrical Service Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

802
Businesses Nearby
Under-served
Demand for This Use

Demographics for 44136, OH

25,890
Population
11,019
Households
2.3
Avg Household Size
45
Median Age
46%
College-Educated
94%
High-School Grad
13.5 sq mi
ZIP Area
1,918
Density / Sq Mi
$93,713
Median Household Income
$55,616
Median Earnings
$1,264
Median Rent
$271,300
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Similar Off Market Nearby

  • Target Grocery 18200 Royalton Rd, Strongsville, OH 44136

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - NNN leased 7-Eleven in Strongsville, OH with scheduled rent increases.
Where is this grocery and convenience store located?
The property is located at 16625 Royalton Rd Strongsville, OH.
What is the asking price?
The asking price for this property is $5,034,958.
What are key features of this property?
This property features: 15‑year Triple Net (NNN) lease commencing 8/1/2025; Current annual rent of $266,853; Scheduled rent increases of 10.00% every 5 years
(332) 345-4222 Call to check price and availability
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