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New Construction Gas Station
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6020 N Ridge Rd, Madison, OH 44057

Newly built gas station subject to an absolute NNN ground lease with scheduled increases.

Property SizeContact for details
Lot Size3.28 Acres
Days on Market144

Property Features for 6020 N Ridge Rd

General Information

Standard status Active
Lot size 3.28 Acres
Property subtype Retail

Additional Details

Road Access Yes
Listing Agency: Foretell Capital Partners
Listed By: Wes Koontz · License #FL BK3517518
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 31 at 7:26AM

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 Foretell Capital Partners

Investment Insights

Based on property information with market context.

This newly constructed Sheetz property at 6020 N Ridge Road is structured as an absolute NNN ground lease with a 15-year initial term. The lease provides for 10% rental increases every 5 years during the option periods. The offering includes an oversized 3.28-acre parcel with approximately 600 feet of frontage, supporting direct access and strong roadside exposure.

The property is positioned across from a Walmart Supercenter within a retail corridor in Madison, Ohio. It is approximately 35 miles northeast of downtown Cleveland and serves a surrounding population of 35,000 residents within a seven-mile radius. The site combines a newly built gas station and convenience-store operation with a long-term net lease structure.

Key Highlights

  • New construction Sheetz gas station at 6020 N Ridge Road, Madison, Ohio
  • 15‑year Absolute NNN Ground lease
  • 10% rental increases every 5 years during the option periods

Property Analytics

Current Use

Gas stations

Suggested Use

Top Pick Restaurant Building Supply Big Box & Wholesale Store Garden Center Furniture & Home Goods Bakery

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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

26
Businesses Nearby

Demographics for 44057, OH

19,447
Population
8,474
Households
2.3
Avg Household Size
44
Median Age
17%
College-Educated
91%
High-School Grad
50.1 sq mi
ZIP Area
388
Density / Sq Mi
$70,212
Median Household Income
$39,191
Median Earnings
$1,044
Median Rent
$170,200
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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Frequently Asked Questions

What type of property is this?
Gas station - Newly built gas station subject to an absolute NNN ground lease with scheduled increases.
Where is this gas station located?
The property is located at 6020 N Ridge Rd Madison, OH.
What are key features of this property?
This property features: New construction Sheetz gas station at 6020 N Ridge Road, Madison, Ohio; 15‑year Absolute NNN Ground lease; 10% rental increases every 5 years during the option periods
(216) 861-5290 Call to check price and availability
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