Convenience Store with Fuel
501 Water St, Chardon, OH 44024
For Sale
New
Contact for pricing
Sheetz occupies the property under a 15-year absolute NNN ground lease.
Property SizeContact for details
Lot Size2.90 Acres
Days on Market7
Property Features for 501 Water St
General Information
Standard status
Lot size
Property subtype
Occupancy
Automotive
Automotive Uses
Fuel Brand
Tenancy & Operations
Tenant in Place
In-Place Lease Type
Current Tenants
Real Estate Included
Amenities
drive-thru lane
Building Details
Tenancy
Listing Agency:
Cushman & Wakefield - Sacramento, California
Listed By:
Ryan Forsyth · License CA #01716551
Source:
Crexi
Added: Nov 3
Changed: Nov 8
Last Checked: Nov 8 at 4:51PM
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 Cushman & Wakefield - Sacramento, California
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Investment Insights
Based on property information with market context.
The property includes a standalone 6,139-SF convenience store, a drive-through lane, and a fuel canopy serving 12 pumps through 6 MPDs. Sheetz is the tenant under a 15-year absolute NNN ground lease. The building was constructed in 2026.
Set on 2.9 acres at 501 Water St in Chardon, Ohio, the site includes parking and vehicle access. The fuel and convenience components are arranged to serve customers arriving by car.
Set on 2.9 acres at 501 Water St in Chardon, Ohio, the site includes parking and vehicle access. The fuel and convenience components are arranged to serve customers arriving by car.
Key Highlights
- Sheetz ground lease with a 15‑year absolute NNN term
- 6,139‑SF standalone convenience store, constructed in 2026
- Fuel canopy with 12 pumps served by 6 MPDs
Property Analytics
Who owns this building?
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Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
119
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 44024, OH
23,795
Population
9,560
Households
2.5
Avg Household Size
47
Median Age
35%
College-Educated
96%
High-School Grad
90.0 sq mi
ZIP Area
264
Density / Sq Mi
$104,808
Median Household Income
$50,444
Median Earnings
$1,022
Median Rent
$298,100
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Sheetz occupies the property under a 15-year absolute NNN ground lease.
Where is this grocery and convenience store located?
The property is located at 501 Water St Chardon, OH.
What is the asking price?
The asking price for this property is $3,238,000.
What are key features of this property?
This property features: Sheetz ground lease with a 15‑year absolute NNN term; 6,139‑SF standalone convenience store, constructed in 2026; Fuel canopy with 12 pumps served by 6 MPDs
