3350 E. 116th St marks Chase’s first entry in the c-store space. The property includes 8 fuel pumps and an approx. 1,500sf convenience store. Upon closing the deal, we executed a brand-new 25-year NNN lease with Mountain Express Oil Company, a proven operator with hundreds of stores. The property benefits from being positioned just off Kinsman Rd, a major East/West artery in Cleveland. In addition to strong, dependable cash flow, the property benefits from the bonus deprecation laws available for retail motor fuel outlets.