$2,250,000 SALE
Retail
4,200 SF
17810 Bagley Road
Middleburg Heights, OH 44130 US STNL Investment Opportunity: BP Products / CrossAmerica Partners Ground Lease


STNL Investment Opportunity: BP Products / CrossAmerica Partners Ground Lease


• High Profile Ground Lease to Subsidiary of BP • Strong Rental Income and 12% Rental Increases in Renewal Options • Fee-Simple Absolute NNN Lease Structure –Zero Landlord Responsibilities & Ability to Depreciate Improvements • Situated at Hard Corner Signalized Intersection of Bagley Road & Engle Road with 46,856 VPD


Property Type Retail
Listing ID XF73ZC
MLS ID 807880
Style Other Style
Building Size 4,200 SF
Lot Size 1.18 AC

Property Highlights

Ground Lease with BP North America Products Inc. and CrossAmerica Partners as Assignee

Hard Corner Location with 46,856 VPD

Three (3) Five (5) Year Renewal Options with 12% Increases

Next Renewal Option Scheduled for July, 2021

Property Features
Location: Middleburg Heights is a busy, well-established suburb on the south west side of Cleveland. A high profile corner location offering easy ingress and egress with approximately 46,856 cars passing by per day! • Located within a half mile of 7 hotels as well as Southwest General Hospital, and the Middleburg Heights Community Center • Cuyahoga County Fairgrounds hosts over 125 events per year, attracting over 450,000 visitors • 10 min. drive to Cleveland Hopkins International Airport • 300,000+ hotel rooms rented annually • 110,496 Employees within 5 miles
Additional Media Area Demographics