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Gas Station with Long-Term Lease
For Sale
$6,700,000

4280 West 150th St, Cleveland, OH 44135

Established operating location backed by a newly structured long-term lease and 7-Eleven guaranty.

Property Size3,542 SF
Price / SF$1,891
Days on Market13

Property Features for 4280 West 150th St

General Information

Standard status Active
Size 3,542 SF
Property subtype Auto Service - Gas-Conv
Lease Type Absolute Net

Amenities

New Corporate Speedway Lease | 14+ Years Remaining
10% Rent Increases In Year 11 + Five, 5-Year Options
True I-75 Interchange Location | 50 Year History At Location
4.5 Miles From Cleveland Hopkins | 10M Annual Passengers
Adjacent Medical + Office Demand | MetroHealth & PNC
Dense Infill Trade Area | 307,774 Residents Within Five Miles

Building Details

Building Size 3,542 SF
Tenancy Single
Listing Agency: Deltondo Advisory Group Irvine
Listed By: Peter Deltondo · License #License(s): CA: 01797033
Source: Marcusmillichap
Added: Sep 4 Changed: Sep 15 Last Checked: Sep 16 at 12:35PM

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 Deltondo Advisory Group Irvine

Investment Insights

Based on property information with market context.

This gas station property is associated with the Speedway brand and includes a 7-Eleven guaranty supporting a new 15-year lease. The location has maintained a 50-year operating history, providing substantial tenure at the site.

The property is located at 4280 W 150TH ST in Cleveland, Ohio. Available information identifies the asset as a leased gas station with an established presence at its current location.

Key Highlights

  • New 15‑year lease
  • 7‑Eleven guaranty
  • 50‑year history at the location

Property Analytics

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Current Use

Speedway Gas Station Amazon Locker - Potholder Courier Service LibertyX Bitcoin ATM Atm

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Spa & Massage Center Gym & Fitness Center Nail Salon

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

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

454
Businesses Nearby

Demographics for 44135, OH

26,684
Population
12,035
Households
2.2
Avg Household Size
39
Median Age
18%
College-Educated
84%
High-School Grad
10.2 sq mi
ZIP Area
2,616
Density / Sq Mi
$48,930
Median Household Income
$36,444
Median Earnings
$935
Median Rent
$119,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Cleveland, OH

5.6% 2019
8.5% 2020
7.2% 2021
6.9% 2022
6.7% 2023
6.9% 2024
7.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Gas station - Established operating location backed by a newly structured long-term lease and 7-Eleven guaranty.
Where is this gas station located?
The property is located at 4280 West 150th St Cleveland, OH.
What is the asking price?
The asking price for this property is $6,700,000.
What are key features of this property?
This property features: New 15‑year lease; 7‑Eleven guaranty; 50‑year history at the location
More about this property
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