For Sale
$4,661,217

5295 Detroit RdSheffield, OH 44054

Ohio Convenience Store - Strong ROI

Overview

Added:
Dec 11, 2024
Days on market:
121

Highlights

  • $4,661,217 asking price for a Sheetz convenience store in Sheffield, OH.
  • 5,000 SF retail building on a 2.04-acre lot.
  • Absolute NNN lease with Sheetz, expiring 9/30/2029 (4.9 years remaining).
  • $268,020 NOI, resulting in a 5.75% cap rate.
  • $932.24 price per square foot.

Property Details for 5295 Detroit Rd

Property type
Retail properties, Grocery and convenience stores
Square Feet
5,000 SF
Year Built
2009
Lot Size (sq. ft)
88,862 SF

Location Insight

City
Sheffield
County
Lorain
State
Ohio
Latitude
41.4272191
Longitude
-82.0761175
5295 Detroit Rd, Sheffield, Ohio
Leaflet | © OpenStreetMap contributors

FAQs

What type of property is this?
Retail property - Ohio Convenience Store - Strong ROI
Where is the retail property located?
The property is located at 5295 Detroit Rd Sheffield, OH.
What is the asking price?
The asking price for this property is $4,661,217.
What are key features of this property?
This property features: $4,661,217 asking price for a Sheetz convenience store in Sheffield, OH.; 5,000 SF retail building on a 2.04-acre lot.; Absolute NNN lease with Sheetz, expiring 9/30/2029 (4.9 years remaining).
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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5295 Detroit Rd
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