INVESTMENT OFFERING
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. The lease features 3% annual rent escalations. Daystar Auto Group currently operates 3 dealerships in Northeast Ohio.
- Daystar CDJR in Malvern, OH | 30 Miles Southeast of Akron
- Zero Landlord Responsibilities | Absolute Triple Net (NNN) Lease Structure
- Structured Hedge Against Inflation | 3% Annual Increases
- Long-Term Sale-Leaseback Opportunity | Tenant Will Commence A New 20-Year Lease At Closing
- Close Proximity to Interstate Highway | Located on OH-43
- Strong Corporate and Unit-Level Performance | Reach Out to Broker For Further Detail
Tenant | Price | Cap Rate | Lease Type | Square Feet | Status |
---|---|---|---|---|---|
Daystar Chrysler Dodge Jeep Ram | $9,018,568 | 7.25% | Absolute NNN | 28,000 | Available |