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Willoughby (Cleveland MSA), OH 44094
Citizens Bank
Property Address
4015 Erie Street, Willoughby, OH, USA
Offering Summary
Price:
$4,306,016
Lot Size:
.678 Acres
Year Built:
2020
Building SF:
3,500
Status:
CLOSED
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Principal
Broker
15 Year Absolute Triple-Net (NNN) Lease with Citizens Bank, N.A., a Subsidiary of Citizens Financial Group, Inc. (NYSE: CFG; S&P A Credit Rating)
8% Rental Increases Every 5 Years
112,000 Residents within a 5-Mile Radius - Cleveland MSA
Subject Property is Relocation of an Established Nearby Branch
Extremely Strong Deposits of $131,790,000 - 11.5% Year Over Year Growth
Prime Location in the Heart of Downtown Willoughby
Signalized Hard Corner, Visible to Nearly 25,000 Cars/ Day at Intersection
Average Household Income Exceeds $76,000 within 5 Miles of Subject Property
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
Jamie Medress
Agent
Phone Number:
602.687.6778
jmedress@marcusmillichap.com
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