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Virtual Drive-By

Marathon NNN

7498 Broadview Rd · Cleveland, OH 44134 · Convenience / Fuel

Asking price
$1,988,200
Cap rate
6.09%
NOI
$121,081

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Lease

Lease typeNNN
Term remaining2.4 yrs
Expiration12/2028
Rent bumps1.5% Annually
Options5, 5 Year and 2, 10 Year
Ground leaseNo
Credit profileCorporate Guarantee
TenancySingle

Planning a 1031 Exchange

Give us your relinquished sale close date and we will calculate your 45-day identification and 180-day closing deadlines, track the clock, and surface matching inventory before it expires. We coordinate directly with your Qualified Intermediary and can introduce one if you have not yet engaged an exchange accommodator. Investment Grade does not provide tax or legal advice.

Property

Building SF3,030
Price / SF$656
Year built2002
Lot size0.41 ac
TypeGas Station
Days on market194

Need year-one bonus depreciation

Building age, size and improvement mix drive how much of this asset a cost segregation study can accelerate into year one. Tell us your tax year and entity and we will model the deduction.

Investment highlights

•Marathon Gas Station | Corporately Guaranteed by Alimentation Couche-Tard Inc. & Mac’s Convenience Stores LLC

•Circle K Subleased to 749 Broadview Rd LLC a Circle K Approved Franchisee | Operates Seven Gas Stations with 20+ Years of Experience

•NNN Lease – No Landlord Responsibilities

•Lease Offers 1.5% Annual Rent Increases – Providing a Strong Hedge Against Inflation

•Five, Five-Year Renewal Options and Two, Ten-Year Renewal Options Remaining

•Situated On a Hard Corner at Four-Way Signalized Intersection | Aggregate Traffic Counts of 27,729 AADT

•Population Over 170,000 Within a Five-Mile Radius

Property overview

Marathon Gas Station at 7498 Broadview Road, Parma, OH 44134 presents a lucrative investment opportunity.​ The property features a NNN lease with Alimentation Couche-Tard Inc.​ & Mac’s Convenience Stores LLC as corporately guaranteed tenants.​ The site is subleased to a Circle K approved franchisee with a proven track record of operating gas stations for over 20 years, offering stability and reliability.​ Sitting prominently on a hard corner at a signalized intersection, the property boasts high traffic counts and serves a densely populated area with over 170,000 residents within a five-mile radius.​ With 100% occupancy and multiple renewal options, this investment provides a secure income stream with a strong hedge against inflation through annual rent increases.​ Priced attractively at $1,988,200 with a 6.00% CAP rate, this property offers a competitive advantage in the market.​ Don't miss this opportunity to add a well-positioned asset to your investment portfolio in the thriving city of Parma, Ohio.​

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Asking-market observation aggregated from public listing sources, last observed Sep 25, 2026. Figures are asking price and asking cap rate as published by the listing party, not a verified closed transaction. Lease terms shown where reported by the listing party and not independently verified. Shown for market reference only; this is not an offering. Investment Grade Income Property, LP represents buyers on a cooperating commission basis.