Avon (Cleveland), OH 44011

Swensons Sale-Leaseback

Property Address

36041 Main Street, Avon, OH, USA

Offering Summary

  • Price: $1,650,000
  • Lot Size: 1.16 Acres
  • Cap Rate: 6.06%
  • Year Built: 2018
  • Building SF: 1,711
  • Status: Available
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  • Brand New 15-Year Absolute Triple-Net (NNN) Lease with Corporate Guaranty
  • 1% Annual Rental Increases
  • 98,287 Residents with a 5-Mile Radius - Cleveland MSA
  • Growing Avon Trade Area - Households Projected to Increase Nearly 7% in Immediate Area Over the Next 5 Years
  • Located in Dense Retail Corridor - JCPenney, Lowe’s, Menards, Walmart Supercenter, ALDI, Petco, Cabela’s, Best Buy, Main Event, and More
  • Easily Accessible via Center Road (33,160+ Cars/Day)
  • Less Than 1 Mile Off the Interstate 90 Freeway - a Major Connector with Direct Access to Downtown Cleveland
  • Down the Road from Avon Commons Shopping Center - Retailers Include Target, Costco, The Home Depot, HomeGoods, and Kohl’s
  • Average Household Income Exceeds $126,000 within a 3-Mile Radius

Broker Information