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Daystar Chrysler Dodge Jeep Ram 7189 Alliance Rd NW

30,000 SF Retail Building Malvern, OH 44644 $9,018,568 ($301/SF) 7.25% Cap Rate

Investment Highlights

  • Daystar CDJR in Malvern, OH | 30 Miles Southeast of Akron
  • Structured Hedge Against Inflation | Call for Offers
  • Close Proximity to Interstate Highway | Located on OH-43
  • Zero Landlord Responsibilities | Absolute Triple Net (NNN) Lease Structure
  • Long-Term Sale-Leaseback Opportunity | Tenant Will Commence A New 20-Year Lease At Closing
  • Strong Corporate and Unit-Level Performance | Reach Out to Broker For Further Detail

Executive Summary

SAB Capital is pleased to present Daystar CDJR in Malvern, OH, located 30 miles Southeast of Akron. This is an absolute triple-net (NNN) sale-leaseback in which the tenant will sign a 20-year lease commencing at closing. Daystar Auto Group currently operates 3 dealerships in Northeast Ohio.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
30,000 SF
Building Class
C
Year Built
2024
Price
$9,018,568
Price Per SF
$301
Cap Rate
7.25%
NOI
$653,846
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Land Acres
5.71 AC
  • Listing ID: 32876499

  • Date on Market: 8/19/2024

  • Last Updated:

  • Address: 7189 Alliance Rd NW, Malvern, OH 44644

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