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3112 N Ridge Rd E
Ashtabula, OH 44004

$2,880,000 USD

General Retail For Sale  •  2,200 SF

Property Details

• Property Type General Retail
• Total Building Size 2,200 SF
• Lot Size 1.38 AC
• Building Class B
• Year Built 2026
• Cap Rate 6.25 %
• Tenancy Single

0 Transit Score

47 Walk Score

Highlights

Corporately Backed, Single-Tenant Location with High-Profile, Publicly Traded Starbucks (NASDAQ: SBUX/S&P “BBB+”/Moody’s “Baa1”

Brand-New Lease with 10 Years of Term Remaining (No Early Termination Rights) Expected to Open January 2026

Brand-New Construction on Oversized 1.38-Acre Parcel and Shadow Anchored by ALDI Grocery

No Daily Management: Tenant Handles all Daily Common Area Maintenance with 10% Rental Increases Every 5-Years

Excellent Frontage Along Ashtabula’s Main Roadway (US-20) | Over 21,600 VPD Surrounding the Starbucks & Directly Adjacent to Major Highway Route 11

Sits 1.5 Miles from Edgewood High School, Drawing Loads of Visitors to the Popular Coffee Shop

Property Flyers

Full Marketing Package

Cap Rate:

6.25 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Starbucks (S&P "BBB+", Moodys "Baa1")	2,200 SF	3/1/2036

Amenities

• Dedicated Turn Lane
• Pylon Sign
• Restaurant
• Security System
• Signage
• Drive Thru
• Monument Signage
• Air Conditioning

Public Transportation

Airport	Drive	Walk	Distance
Erie International/Tom Ridge Field	55 min	-	39.0 mi