7515 Tyler Blvd Mentor, OH 44060-5403
This exceptional investment opportunity presents a brand-new, 12,100-square-foot Caliber Collision center in Mentor, Ohio. Built in 2025, the property sits on a 1.89-acre lot and boasts a 15.4-year absolute net 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 offers a 6.60% cap rate with a net operating income (NOI) of $333,192 and an asking price of $5,048,364. Strategically located at 7515 Tyler Blvd, Mentor, OH 44060, this Class A retail property enjoys high visibility and accessibility, situated along a major retail and traffic corridor with easy access to State Route 2 (74,000+ vehicles per day). Its proximity to Great Lakes Mall, a large shopping center with numerous retail stores and restaurants, and numerous auto dealerships further enhances its value. The area boasts a high average household income (over $88,000 within a 1-mile radius) and a significant population (over 106,000 within a 5-mile radius). This property offers significant tax benefits through accelerated depreciation and cost segregation. The long-term lease, strong tenant, and prime location make this an attractive investment opportunity with substantial potential for return.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
M-1 · Mentor, OHMentor. Always verify with local authorities before improvements.
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.