1677 Home Ave | Akron, OH 44310
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1677 Home Ave
Akron, OH 44310
BJ's Wholesale Club and Gas · Retail Property For Sale · 108,743 SF Total
Investment Highlights
- BJ’S WHOLESALE CLUB (NYSE: BJ) * 249 LOCATIONS NATIONWIDE * 5.5+ MILLION MEMBERS * S&P: BB+ CREDIT RATING * CORPORATE LEASE
- 3 (5-YEAR) OPTIONS WITH 6.00% RENTAL INCREASES * MINIMAL LANDLORD RESPONSIBILITIES * INCLUDES BJ’S WHOLESALE CLUB GAS STATION
- 0.25 MI. FROM THE HWY 59 (97,267 VPD) ON / OFF RAMP AT HOWE AVE (33,536 VPD)
- 22-YEAR OPERATING HISTORY AT SUBJECT PROPERTY * RECENT 5-YEAR EXTENSION * 4.9 YEARS REMAINING
- HIGHLY VISIBLE & EASILY ACCESSIBLE * HIGH TRAFFIC RETAIL CORRIDOR ALONG HOME AVE (12,233 VPD)
- ADJACENT TO THE PLAZA AT CHAPEL HILL SHOPPING CENTER & CHAPEL HILL BUSINESS PARK
Executive Summary
Single-Tenant Net Leased BJ's Wholesale Club with Fee Simple ownership and 4.9 Years remaining on Lease Term.
PROPERTY FACTS
| Price / SF | £109.58 / SF | Number of Properties | 2 |
| Net Initial Yield | 7.25% | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 108,743 SF |
| Status | Active | Total Land Area | 11.04 AC |
| Price / SF | £109.58 / SF |
| Net Initial Yield | 7.25% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 108,743 SF |
| Total Land Area | 11.04 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 1677 Home Ave, Akron, OH 44310 | Retail | 108,510 SF | 1998 | - |
|
BJ's Gas
1677 Home Ave, Akron, OH 44310 |
Retail | 233 SF | - | - |
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