Circle K Gas
For Sale
Contact for pricing
786 Brittain Rd, Akron, OH 44305
Planned development with a ground lease structure and no landlord responsibilities.
Property Size10,130 SF
Price / SF$166.41
Days on Market54
Property Features for 786 Brittain Rd
General Information
Standard status
Active
Size
10,130 SF
Property subtype
Retail
Investment Type
Net Lease
Net Operating Income
$88,500
Building Details
Year Built
2026
Tenancy
Single
Abandoned
No
Listing Agency:
Trinity Real Estate Investment Services
Listed By:
Chance Hales · License #597585
(806) 679-9776
Source:
Crexi
Added: Jul 29
Changed: Sep 9
Last Checked: Sep 19 at 10:09AM
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 Trinity Real Estate Investment Services
Investment Insights
Based on property information with market context.
The property is a Circle K gas station planned for development in 2026 at 786 Brittain Rd in Akron, Ohio. Rent is scheduled to begin in December 2026, providing a defined commencement date for the lease arrangement.
The asset is structured as a ground lease with no landlord responsibilities identified in the property information. The site is located in Akron’s 44305 ZIP code.
The asset is structured as a ground lease with no landlord responsibilities identified in the property information. The site is located in Akron’s 44305 ZIP code.
Key Highlights
- Circle K gas station development scheduled for 2026
- Rent commencement scheduled for December 2026
- Ground lease with zero landlord responsibilities
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$122,544
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.27%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,450,880
$2.5M
Cap Rate 7%
$1,750,629
$1.8M
Cap Rate 9%
$1,361,600
$1.4M
Market Conditions
NOI Build-Up for 10,130 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$169.0K $16.68/SF
− Vacancy
−$5.6K −$0.55/SF
EGI
$163.4K $16.13/SF
− OpEx
−$40.8K −$4.03/SF
NOI
$122.5K $12.10/SF
Area
Akron, OH
Vacancy
3.30%
Lease Rate
$16.68 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,450,880
Cap Rate 7%
$1,750,629
Cap Rate 9%
$1,361,600
Alternative Uses
Best Use
Specialty Retail
$1.75M
$1.53M – $2.04M
NOI $122,544 @ 7.0% cap · market cap 7.27%
Second Best
Retail
$1.63M
$1.43M – $1.91M
NOI $114,375 @ 7.0% cap · market cap 6.78%
Theoretical Best
Office A
$2.49M
$2.18M – $2.90M
NOI $174,019 @ 7.0% cap · market cap 10.32%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
143
Businesses Nearby
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Business Placement
Demographics for 44305, OH
21,214
Population
10,230
Households
2.1
Avg Household Size
38
Median Age
17%
College-Educated
88%
High-School Grad
6.7 sq mi
ZIP Area
3,166
Density / Sq Mi
$55,909
Median Household Income
$37,409
Median Earnings
$974
Median Rent
$89,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Akron, OH
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Gas station - Planned development with a ground lease structure and no landlord responsibilities.
Where is this gas station located?
The property is located at 786 Brittain Rd Akron, OH.
What is the asking price?
The asking price for this property is $1,685,715.
What are key features of this property?
This property features: Circle K gas station development scheduled for 2026; Rent commencement scheduled for December 2026; Ground lease with zero landlord responsibilities
