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27401 Chardon Rd
Willoughby Hills, OH 44092

$745,000 USD

Auto Repair For Sale  •  8,908 SF

Property Details

  • Property Type Auto Repair
  • Total Building Size 8,908 SF
  • Lot Size 0.81 AC
  • Building Class B
  • Year Built 1989
  • Cap Rate 6.75 %
  • Tenancy Single
  • Zoning B
0 Transit Score
58 Walk Score

Highlights

Long-Term Corporate Tenant – NTB has operated at this location for 36 years
Guaranteed Through March 2030 – 10-year lease extension signed in 2020
Hands-Off Investment – No landlord responsibilities
Corporate Guarantee – NTW LLC, subsidiary of TBC Corporation (Michelin/Sumitomo JV)
High-Traffic Retail Corridor – 12,600 VPD on Chardon Rd, 20,600 VPD on Bishop Rd
Dense Surrounding Demographics – 192,000+ residents within 5 miles

Property Flyers

Cap Rate: 6.75 %

Amenities

  • Pylon Sign
  • Signage

Public Transportation

AirportDriveWalkDistance
Cleveland-Hopkins International 41 min - 28.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 32
Type: Surface
Included in Rent: Yes
Adam Fortino 630-546-4276 Keller Williams Commercial
Adam Fortino 630-546-4276 Keller Williams Commercial