Retail Space
36041 Main Street Avon, OH 44011
Details & Description
Price: $2,000,000
    SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land and building) in an absolute NNN, corporate guaranteed, Swensons Drive-In investment property located in Avon, OH (Cleveland MSA). The tenant, Swensons Drive-In Restaurants, LLC, will sign a brand new 20 year lease (sale leaseback) at the close of escrow with 6 (5-year) option periods to extend. The lease features rare 1.50% rental increases annually throughout the initial term and option periods, steadily growing NOI and hedging against inflation The lease is corporate guaranteed and is absolute NNN with zero landlord responsibilities. Swensons is a rapidly growing fast food chain in Ohio known for its quality curbside service. The chain has 11 locations with numerous more planned or currently under construction.
    Listing Agents
    Travis Fidel

    O: 949-698-1114
    M: 602-710-0545
    travis@radarcp.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    36041 Main Street

    Avon, OH 44011

    Listing ID: 253563
    36041 Main Street Avon, OH 44011 | for Sale | Photo 1
    Building Size: 1,800 SF
    Lot Size: --
    Land Size: --
    Building $/SF: $1,111.11
    Land $/SF:
    Price
    $2,000,000
    Description

    SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land and building) in an absolute NNN, corporate guaranteed, Swensons Drive-In investment property located in Avon, OH (Cleveland MSA). The tenant, Swensons Drive-In Restaurants, LLC, will sign a brand new 20 year lease (sale leaseback) at the close of escrow with 6 (5-year) option periods to extend. The lease features rare 1.50% rental increases annually throughout the initial term and option periods, steadily growing NOI and hedging against inflation The lease is corporate guaranteed and is absolute NNN with zero landlord responsibilities. Swensons is a rapidly growing fast food chain in Ohio known for its quality curbside service. The chain has 11 locations with numerous more planned or currently under construction.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Cleveland History of Retail Space for Sale

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    Avon Area Market Trends

    Listing Demographics for 36041 Main Street Avon, OH 44011

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population3,78640,895107,764
    Population Median Age394041
    Population by Age0-9 Yrs553 (14%)5209 (12%)12432 (11%)
    10-19 Yrs536 (14%)6259 (15%)15644 (14%)
    20-29 Yrs286 (7%)2882 (7%)9301 (8%)
    30-39 Yrs504 (13%)4487 (10%)11907 (11%)
    40-49 Yrs564 (14%)6571 (16%)16012 (14%)
    50-59 Yrs508 (13%)5627 (13%)15024 (13%)
    60-69 Yrs303 (8%)4534 (11%)13555 (12%)
    70+ Yrs532 (14%)5325 (13%)13888 (12%)
    Median HH Income$91,338$91,857$86,368
    Total Household Income< 24K122 (8%)1609 (10%)4200 (10%)
    25-49K232 (16%)2499 (16%)7211 (17%)
    50-74K220 (15%)2331 (14%)6915 (16%)
    75-99K218 (15%)2011 (12%)5780 (13%)
    100-199K432 (30%)4951 (31%)12385 (29%)
    200K+209 (14%)2189 (14%)5418 (12%)
    Highest Education LevelNo Diploma608993738
    Diploma or GED515516614912
    Some College506550514468
    Assoc. Degree25024066409
    Bachelors Degree687815021365
    Higher Degree535582914411
    Total Housing Units1,50116,36344,343
    --Owner-Occupied1,14712,59133,302
    --Renter-Occupied2872,9998,606
    Owner-Occupied Values< 100K487503335
    100-199K378320810356
    200-299K30435548238
    300-399K26128906097
    400-499K10913112581
    500K+478772696
    Total Working Age Population2,89231,48185,151
    In Work Force1,84120,55255,751
    Not In Work Force1,05110,92929,400
    Workforce Employed1,75819,90553,994
    Workforce Unemployed806151,716
    Civlian Workforce1,83820,52055,711
    Military Workforce23240
    Total Households1,43415,59041,908
    Family Households99611,14429,153
    Non-Family Households4384,44712,755
    Married Couple8269,40024,215
    Other Family1701,7434,939
    Married w/Child4344,49010,132
    Single Male w/Child43349959
    Single Female w/Child516091,748

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Ohio11,353,140+211,536,504011,574,870011,615,100
    Cuyahoga County1,393,978-81,280,122-61,209,550-51,154,210
    Lorain County284,664+6301,356+3310,230+3320,430

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 36041 Main Street in Avon?
    The asking price for 36041 Main Street is $2,000,000
    What is the building size of this Retail property in Avon, OH?
    The size of the building/unit at 36041 Main Street in Avon is 1,800 square feet
    What kind of Retail is the propery at 36041 Main Street?
    The property at 36041 Main Street Avon, OH 44011 is listed as a Food Service Retail property
    What is the population within 1 mile of 36041 Main Street in Avon?
    The population within 1 mile of 36041 Main Street Avon, OH 44011 is 3,786 people.
    Who do I contact for questions about 36041 Main Street?
    You should contact the listing agent, Travis Fidel, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Cleveland Hopkins International Airport (CLE) 10
    Detroit Metropolitan Wayne County Airport (DTW) 86
    Toledo Express Airport (TOL) 93
    Price
    $2,000,000
    Listing Agent
    More listings from Travis Fidel
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