4095 State Rd Cuyahoga Falls, OH 44223-2642
- Drive through restaurants
- 5,793 SF
- 1.76 lot acres
Nov 13, 2024
Current Use by Public Records
- Drive through restaurants
Property Details for 4095 State Rd
- Year built
- 1972
- Lot size
- 1.76 lot acres
- Property size
- 5,793 SF
- Property type
- Drive through restaurants
- APN
- 35-00079
- APU
- 3500079
Description
This exceptional investment opportunity presents a brand-new, 12,300 square foot Caliber Collision center in Cuyahoga Falls, Ohio. Built in 2025, this Class A property sits on a 1.97-acre lot and boasts a 15.4-year absolute NNN lease with a corporate guarantee from Caliber Collision, the nation's largest collision repair provider. The lease features a 10% rent increase every five years, ensuring consistent income growth. The property generates a strong NOI of $331,924, resulting in a 6.60% cap rate. Located at 4095 State Rd, Cuyahoga Falls, OH 44223, this strategically positioned property enjoys high visibility and accessibility, with daily traffic counts exceeding 12,000 vehicles. The area is densely populated and affluent, with an average household income exceeding $108,000 within a one-mile radius. The property's proximity to major retailers, including Walmart, Lowe's, and numerous auto dealerships, further enhances its value. Significant tax benefits are available through accelerated depreciation and cost segregation. This is a rare opportunity to acquire a high-performing, low-maintenance investment with a long-term, secure lease. The asking price is $5,029,152.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Cuyahoga Falls
- County
- Summit
- State
- Ohio
- Longitude
- -81.5079
- Latitude
- 41.1829
- CBSA code
- 10420
- CBSA name
- AKRON, OH METROPOLITAN STATISTICAL AREA