TitleMax- Sublease Parma Heights, OH

6330 York Road
Parma Heights, OH

Price: $538000
Cap Rate: 8.00%
NOI: $43,036
Building Size: Approx. 4312 Sq. Ft.
Lot Size: Approx. 0.41 Acres
Type: Single-Tenant / Retail
Sub Category: Automotive Service
Year Built / Renovated: 1986 / 2014

Investment Overview

  • 4,312+/- SF Building on .41+/- Acre Site
  • 9-Year Lease With 10% Rent Bump in Year 6 & Each Option Period
  • Along York Rd (23,000 Cars / Day), just shy of Intersection with Pearl Rd (24,000 Cars / Day)
  • Near Walmart, Sears, PETCO, Einstein Bagels, OfficeMax, Dollar Tree, NTB, Applebee’s, & McDonald’s
  • 12-Miles SW Cuyahoga Community College (31,000+ Students) | 11-Miles SW from Quicken Loan Arena (CAVS – NBA)
  • Parma Heights is located 12-Miles S of Cleveland, OH | 6-Miles E of Cleveland Hopkins International Airport
  • More than 37% of Fortune 500 Co.’s are present in NE Ohio | 3-Mile Average Household Income: $57,327
  • Greater Cleveland: 28th Largest MSA in the US | Population: 2,077,240

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