7715 Mentor Ave | Mentor, OH 44060
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- LoopNet Team
7715 Mentor Ave
Mentor, OH 44060
Rare, New Construction Starbucks | No Mgmt. · Retail Property For Sale
Investment Highlights
- Corporately Backed, Single-Tenant Location with High-Profile, Publicly-Traded Starbucks (NASDAQ: SBUX/S&P “BBB+”/Moody’s “Baa1”)
- Soon to Be Outlot to New National Grocer!! Dynamic Demographics: High Average Household Incomes of $105k+ and 44k+ People in a 3-Miles Radius
- Mentor, Ohio: Recently Named to the “100 Best Places to Live in the U.S.” by Money Magazine and “Best Places to Retire” by Smart Money Magazine
- Low Price Point Versus Comparables with New Lease with 9 Years of Term Remaining (No Early Termination Rights) & Mid-Term Rental Increase (2027)
- Rare Starbucks Lease Structure: NNN(LL Responsible for Roof/Structure) w/ No Daily Management Responsibilities & 20-Year Transferrable Roof Warranty
- Prototype Relocation Store at Ideal Corner Location in the Heart of the Retail Corridor on Oversized 0.76-Acre Lot w/ Drive-Thru & Patio
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
2,200 SF
Building Class
B
Year Built
2022
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.77 AC
Zoning
C
Parking
15 Spaces
Frontage
220 FT on Mentor Ave.
Amenities
- Bus Line
- Corner Lot
- Dedicated Turn Lane
- Restaurant
- Signage
- Signalized Intersection
- Drive Thru
- Monument Signage
PROPERTY TAXES
| Parcel Number | 16-B-031-B-00-015 | Improvements Assessment | $233,840 |
| Land Assessment | $221,170 | Total Assessment | $455,010 |
PROPERTY TAXES
Parcel Number
16-B-031-B-00-015
Land Assessment
$221,170
Improvements Assessment
$233,840
Total Assessment
$455,010
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