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For Sale

Verizon

11129 Gold Court,
Painesville, OH 44077

Asset Snapshot

$140,774.44
NOI
2019
Year Built
100%
Occupancy

Offering Summary

Investment Overview

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Investment Highlights

  • Lease Guaranteed From The Third Largest Verizon Retailer With $2+ Billion In Annual Revenue | Strong Operator (Cellular Sales of Knoxville, INC) with Over 850 Locations Across 43 States
  • 2018 Build-To-Suit For Verizon
  • Double Net Lease With Minimal Landlord Responsibilities - Transferrable Roof Warranty Through November 2033
  • Traffic Counts Boast 27,000 VPD+ Along OH-44
  • Upscale Demographics | Average Household Income Exceeds $160,000 in a 1-Mile Radius | Population Exceeds 62,000 Within 5-Miles
  • Total Customer Spending Exceeded $850,000,000 In 2025 Within a 5-Mile Radius
  • 10% Rental Increases Every 5 Years
  • Across The Street From University Hospitals TriPoint Medical Center | Home To 269 Staffed Beds and 850 Employees
  • 30 Miles To Downtown Cleveland
  • Neighboring Retailers/Economic Drivers Include: Quail Hollow Country Club Home To Two Championship 18-Hole Courses, Chipotle, Starbucks, Lucky's Market, Huntington Bank, Taco Bell, McDonald's, and Many More

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Listing Syndicated From

Buildout
For Sale
$1,656,164
Asking Price