7189 Alliance Rd Waynesburg, OH 44644
This exceptional investment opportunity presents a fee-simple ownership of a brand-new, 28,000-square-foot Daystar Chrysler Dodge Jeep Ram dealership in Malvern, Ohio. Located on 5.71 acres at 7189 Alliance Rd NW, this single-story building boasts a prime location just 30 miles southeast of Akron and easily accessible from OH-43. The property is currently 100% occupied under a 20-year absolute triple-net (NNN) lease with a highly creditworthy franchisee tenant, eliminating all landlord responsibilities. The lease includes attractive 3% annual rent escalations, providing a built-in hedge against inflation. With a strong NOI of $653,846 and a 7.25% cap rate, this offering presents a compelling return on investment. The lease structure includes four, 5-year renewal options, ensuring long-term stability and predictable cash flow. Built in 2024, this property represents a secure, passive income stream with minimal management requirements. The asking price is $9,018,568, translating to $322.09 per square foot. This sale-leaseback transaction offers a unique opportunity to acquire a high-performing asset with a long-term, secure lease in place. The tenant, Daystar Auto Group, operates additional dealerships in Northeast Ohio, demonstrating their financial strength and commitment to the market. This is a rare opportunity to acquire a high-quality, net-leased property with significant upside potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.