This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

Daystar Chrysler Dodge Jeep Ram 7189 Alliance Rd NW

30,000 SF Retail Building Malvern, OH 44644 £7,074,255 (£236/SF) 7.25% Net Initial Yield

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
£7,074,255
Price Per SF
£236
Net Initial Yield
7.25%
NOI
£512,883
Tenancy
Single
Number of Floors
1
Building FAR
0.12
Land Acres
5.71 AC
  • Listing ID: 32876499

  • Date on Market: 19/08/2024

  • Last Updated:

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

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}