Bank For Sale • 6,982 SF
| Corporate Guaranteed Lease: Backed by U.S. Bank, providing long-term security and credit-rated income. |
| Absolute Net Structure: Tenant responsible for all expenses; true passive, zero-landlord-responsibility investment. |
| Long-Term Stability: Tenant recently executed a 10 year extension of the lease with 10% rent increases every five years and market rent at options. |
| Attractive Income Stream: $99,625 annual NOI with predictable escalation and no near-term rollover risk. |
| Prime Retail Corridor Location: Positioned along Pearl Road (State Route 42), Strongsville’s dominant retail artery. |
| Surrounded by Major National Retailers: Near Costco, Target, Home Depot, T.J. Maxx, Heinen’s, Best Buy, Petco, and SouthPark Mall, driving traffic |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Cleveland-Hopkins International | 22 min | - | 12.0 mi |
| Akron-Canton Regional | 60 min | - | 44.3 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 26 |
| Type: | Surface |
| Included in Rent: | Yes |