List Search

7715 Mentor Ave
Mentor, OH 44060

Price Upon Request

Freestanding For Sale  •  2,200 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 2,200 SF
  • Lot Size 0.77 AC
  • Building Class B
  • Year Built 2022
  • Tenancy Single
  • Zoning C
30 Transit Score
50 Walk Score

Highlights

Corporately Backed, Single-Tenant Location with High-Profile, Publicly-Traded Starbucks (NASDAQ: SBUX/S&P “BBB+”/Moody’s “Baa1”)
Low Price Point Versus Comparables with New Lease with 9 Years of Term Remaining (No Early Termination Rights) and Mid-Term Rental Increase (2027)
Dynamic Demographics with High Average Household Incomes of Over $105,000 and Over 44,000 People in a 3-Miles Radius
Rare Starbucks Lease Structure: NNN Lease with No Daily Management Responsibilities and 20-Year Transferrable Roof Warranty
Mentor, Ohio: Recently Named to the “100 Best Places to Live in the U.S.” by Money Magazine and “Best Places to Retire” by Smart Money Magazine

Financial Summary (Actual)

Net Operating Income: $117,700 USD (2024)

Major Tenants

Tenant SF Occupied Lease End Date
Starbucks 2,200 SF 3/1/2032

Amenities

  • Bus Line
  • Corner Lot
  • Dedicated Turn Lane
  • Restaurant
  • Signage
  • Signalized Intersection
  • Drive Thru
  • Monument Signage

Parking Details

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