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33113 Aurora Rd
Solon, OH 44139 Solon

$2,811,428 USD

Freestanding For Sale  •  2,500 SF

Property Details

• Property Type Freestanding
• Total Building Size 2,500 SF
• Lot Size 0.47 AC
• Building Class C
• Year Built 1959
• Cap Rate 8.75 %
• Tenancy Single
• Zoning C-3

0 Transit Score

61 Walk Score

Highlights

Long Lease Term: There are about ±9 years remaining on the base term of the lease which runs through December 31st, 2034, with two (2) five-year renew

Absolute NNN Lease: The property is leased under an absolute NNN structure, with the tenant responsible for all operating expenses, including taxes, i

Attractive Rental Increases: 2.50% annual rent escalations, creating strong, predictable NOI growth and built-in inflation protection.

Former Bank Branch with Drive-Thru: The Subject Property is a former bank branch featuring a double drive-thru, providing strong functional utility. T

Limited Competition: There is only one other operating cannabis dispensary in Solon, Ohio. The adjacent county of Geauga County, located immediately t

Strong Multi-State/Established Operator: Canopy Growth Corporation is a leading global cannabis company headquartered in Canada and publicly traded on

Cap Rate:

8.75 %

Major Tenants

Tenant	SF Occupied	Lease End Date
The Botanist

Amenities

• Pylon Sign

Public Transportation

Airport	Drive	Walk	Distance
Cleveland-Hopkins International	38 min	-	23.4 mi
Akron-Canton Regional	57 min	-	41.4 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	15
Type:	Surface
Included in Rent:	Yes