14747 Lorain Avenue

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14747 Lorain Avenue

Cleveland, OH 44111
Asking Price
Contact for price
Asset Type
QSR/Fast Food Retail
Class
Class B

What's Special

Outparcel to New Built Aldi, Ross, Burlington, and More <ul><li>​<span style="color: rgba(0, 30, 69, 1)">Brand-New 20-Year NNN Sale-Leaseback</span></li><li>​Tenant Will Commit in Lease to Fully Remodel This Location No Later Than 2028 at Tenant’s Sole Expense</li><li>​<span style="color: rgba(0, 30, 69, 1)">Experienced Multi-Unit Franchisee Guaranty</span></li><li>​<span style="color: rgba(0, 30, 69, 1)">Prime West Cleveland Infill Location</span></li><li>​<span style="color: rgba(0, 30, 69, 1)">Surrounded by Major National Retailers</span></li><li>

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

Location & Travel Times