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The Nlag Advantage
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Bainbridge Township, OH 44023
Citizens Bank
Property Address
8378 East Washington Street, Chagrin Falls, Bainbridge Township, OH, USA
Offering Summary
Price:
$3,358,000
Lot Size:
1.38 Acres
Year Built:
2022
Building SF:
2,400
Status:
Closed
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Principal
Broker
New 10-Year Absolute Triple-Net (NNN) Lease with Citizens Bank, N.A. (S&P A-)
New High-Quality 2022 Construction
Relocation Branch from Two Locations Being Closed with Combined Deposits of Over $150,000,000
10 Percent Rental Increases Every Five Years
Affluent Trade Area - Average Household Income Exceeds $194,000 within One Mile
35,709 Residents within a Five-Mile Radius - Cleveland MSA
26,300+ Cars/Day at the Nearby Intersection of Washington Street and Chillicothe Road
Adjacent to Heinen’s Grocery Store and Surrounded by National Retailers - Ace Hardware, Dunkin’, CVS, Panera Bread, and More
Located within a 35-Minute Drive of Downtown Cleveland and Cleveland Hopkins International Airport
Broker Information
Mark Ruble
Agent
Phone Number:
602.687.6766
mruble@marcusmillichap.com
Chris Lind
Agent
Phone Number:
602.687.6780
chris.lind@marcusmillichap.com
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