Dan Cooper
[email protected] (216) 562-1981 x12 Cooper Commercial Investment Group 6120 Parkland Blvd., Suite 206 Bob Havasi Cleveland, OH 44124
[email protected] (216) 562-1981 x10 www.coopergrp.com INVESTMENT SUMMARY Investment Highlights ……...……… 4 Location Overview …………………. 5 Offering Summary .……….………… 6 Tenant Overview …..……………….. 7 PROPERTY ANALYSIS Site Plan Aerial..………………….… 9 Aerial Map ..……………………...….. 10 Location Maps .…………………..… 11 Demographics ..…………………..… 12 Disclosure & Confidentiality …….… 13 2 3 INVESTMENT HIGHLIGHTS • Freestanding, Single-Tenant Absolute NNN Location with 8.5+ Years of Term Remaining: Corporately Guaranteed by Rite Aid (Dark Location) • Highly Attractive 10.25% CAP with Rent of $400,400 Through July, 2027 • Strategically Positioned at Signalized Hard Corner Intersection with Two of the Cleveland MSA’s Most Traveled Roadways, Ridge Road and Pearl Road: 87,000 VPD Surround the Property and 0.5 Miles to I-480 with 149,000 VPD • High Density Market: Largest Suburb of Cleveland and 7th Largest City in Ohio with Over 300,000 People Within a 5-Mile Radius and Over $60,000 Average Household Income • 3 Points of Ingress and Egress with Highly Visible, Prominent Signage Along Both Main Roadways • Newer (2007 Construction) High-Quality Build with Drive-Thru on 1.56 Acre Site with No Management Responsibilities • Excellent Exposure with Elevated Position and Modern Design in High Barrier to Entry Market • Immediate Area Employment Base: 1 Mile to VA Outpatient Clinic, 2 Miles from University Hospital’s Parma