Speedway | $6,700,000 | 5.25% CAP
» NEW CORPORATE SPEEDWAY LEASE 14+ YEARS REMAINING
Lease Commenced December 12, 2025 And Runs Through December 31, 2040; Corporate Guaranty And Absolute-Net Structure With No Landlord Responsibilities
» 10% RENT INCREASE IN YEAR 11 + FIVE 5-YEAR OPTIONS
Annual Base Rent Steps From $351,459.36 To $386,605.32 In January 2036, With Additional 10% Increases At The Start Of Each Five-Year Renewal Option; Options Extend Potential Occupancy Through 2065
» TRUE I-71 INTERCHANGE LOCATION 50 YEAR HISTORY AT LOCATION
Speedway Is Positioned At West 150th Street And I-71 (102,540 VPD) On I-71 And 35,430 VPD On West 150th Street
» 4.5 MILES FROM CLEVELAND HOPKINS 10M ANNUAL PASSENGERS
The Subject Is Approximately 4.5 Miles From Cleveland Hopkins International Airport, Which Handled 10 Million Passengers In 2025 And Ranks As Ohio’s Busiest Airport
» ADJACENT MEDICAL + OFFICE DEMAND - METROHEALTH & PNC
MetroHealth’s West 150th Health And Surgery Center Is Located At 4330 West 150th Street, While The PNC Bank Operations Center At 4100 West 150th Encompasses Approximately 262,088 SF Along The Same Corridor
» DENSE INFILL TRADE AREA 307,774 RESIDENTS WITHIN FIVE MILES
2025 Estimates Show 110,176 Residents Within Three Miles And 307,774 Within Five Miles, Supported By A Five-Mile Daytime Population Of 136,175 And Average Household Income Of $84,201
