Descriptif

Jones Lang LaSalle Americas, Inc. ("JLL") is pleased to offer the opportunity to acquire the fee simple interest in the GetGo Café + Market (“GetGo”) located at 2816 State Road, Cuyahoga Falls, OH (the "Property" or "Asset"). GetGo currently operates under an absolute NNN lease with ±8.1 years of remaining term.The lease features attractive 2.5% rent increases every 5 years during its eight, 5-year renewal options and zero landlord responsibilities.

GetGo is a national convenience and gas chain with 278 locations across Indiana, Maryland, Ohio, Pennsylvania, and West Virginia. GetGo’s parent, Alimentation Couche-Tard, boasts a robust BBB+ (stable) credit-rating per S&P.

Broker of Record: Jon Vanderplough

OH License No. 2005015674

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Attributs

Superficie du bâtiment nette

517 mètres carrés

Occupation

100 %

Année de construction

2014

Superficie du terrain nette

0,72 ha

WAULT

8.1 années

Média

Points forts de l'investissement

Strong Parent Company Backing: GetGo operates as a subsidiary of Alimentation Couche-Tard, an investment-grade (BBB+) global convenience and fuel operator with approximately 17,300 locations worldwide.
Long-Term Absolute NNN Lease with Extension Options: The Property is secured by an absolute NNN lease with ±8.1 years of remaining term, zero landlord responsibilities, and eight 5-year renewal options.
Prime Cleveland-Akron Corridor Location with Strong Traffic Counts: Positioned at the intersection of State Rd and Portage Trail W with close proximity to SR 8, the Property benefits from combined visibility to more than 125,000 vehicles daily along a major north-south corridor connecting Cleveland and Akron.
Affluent Demographics & Established Consumer Base: The surrounding area includes approximately 162,926 residents within a 5-mile radius, supported by average household incomes exceeding $93K within 5 miles, driving strong daily convenience retail demand.
Strategically Located Within One of the Midwest’s Largest Economic Regions: The Property is situated between Cleveland and Akron within the 17th largest combined statistical area in the United States, supported by a diverse economy driven by healthcare, advanced manufacturing, financial services, technology, and biomedical research.
Strong Retail & Community Demand Drivers: The Property benefits from its proximity to major healthcare providers, schools, and residential communities, while also being positioned near the heavily visited Cuyahoga Valley National Park and ongoing economic development initiatives throughout the Cleveland-Akron corridor.