List Search

28401 Lorain Rd
North Olmsted, OH 44070

$923,636 USD

Auto Repair For Sale  •  3,978 SF

Property Details

  • Property Type Auto Repair
  • Total Building Size 3,978 SF
  • Lot Size 0.46 AC
  • Building Class C
  • Year Built 1988
  • Cap Rate 5.50 %
  • Tenancy Single
  • Zoning CRG
30 Transit Score
40 Walk Score

Highlights

Backed by Driven Brands, one of the largest automotive service platforms in North America, providing strong credit and operational stability.
Located in an established suburban trade area with strong demographics and consistent daily traffic.
Positioned directly across from multiple car dealerships, driving built-in demand and repeat customer flow.
In-place rent sits below market levels, offering clear mark-to-market upside and future income growth.
Automotive use since 1988, converted to corporate Take 5 in 2016, demonstrating long-term viability and continued investment.
Cap Rate: 5.50 %

Major Tenants

Tenant SF Occupied Lease End Date
Take 5 Oil Change 1/31/2036

Public Transportation

AirportDriveWalkDistance
Cleveland-Hopkins International 12 min - 5.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 8
Type: Surface
Included in Rent: Yes
Mitchell Coleman 843-931-9580 Sands Investment Group
Mitchell Coleman 843-931-9580 Sands Investment Group