Freestanding For Sale • 5,000 SF
High Investment Grade Offering: Corporate, Build-to-Suit, Single-Tenant, Publicly Traded Charles Schwab Inv. Bank (NYSE: SCHW/S&P “A”/Moody’s “A2") |
New NNN Lease with 14 Years of Term Remaining (No Early Termination Rights) and 10% Rental Increases in 2028 and 2033 |
Dynamic Demographics with Unbelievably High Average Household Incomes of Over $205,000 Within a 1-Mile Radius and Over 55,000 People in 5-Mile Radius |
Modern Construction on Oversized 1.16-Acre Lot , Highly Visible Elevated Location, Prominent Monument Signage and 20-Year Transferrable Roof Warranty |
Charles Schwab Reports $9.92 Trillion in Client Assets, 36 Million Active Brokerage Accounts, 5.48 Million Daily Avg Trades & 2 Million Bank Account |
Heart of the Retail Corridor: Signalized Location Off Medina Road (Over 44,000 VPD) with Direct Access to I-77 (Less Than 0.5 Miles) with 111,770 VP |
Cap Rate: | 5.25 % |
Tenant | SF Occupied | Lease End Date |
---|---|---|
Charles Schwab (S&P "A"/Moodys "A2") | 5,000 SF | 9/1/2038 |
Commuter Rail | Drive | Walk | Distance |
---|---|---|---|
Botzum (National Park Scenic Railway - Cuyahoga Valley Scenic Railroad) | 14 min | - | 6.7 mi |
Indigo Lake (National Park Scenic Railway - Cuyahoga Valley Scenic Railroad) | 17 min | - | 8.5 mi |
Airport | Drive | Walk | Distance |
Akron-Canton Regional | 32 min | - | 23.4 mi |
Cleveland-Hopkins International | 42 min | - | 29.6 mi |
Parking Available: | Yes |
Reserved: | No |
Spaces Provided: | 8 |
Type: | Surface |
Included in Rent: | Yes |