Home Depot

The Snyder Carlton National Net Lease Team is pleased to offer investors a great opportunity to acquire the single tenant absolute net leased Home Depot in the Strongsville, OH.  The Home Depot, the world’s largest home improvement retailer, operates over 2,300 stores across North America, employs over 472,000 team members and is ranked #25 on the 2026 Fortune 500 Rankings.  Additionally, the publicly traded company (NYSE: HD) had over $164 billion in revenue in 2025 and has an investment grade credit rating of “A” from S&P (Moody’s: “A2”).

The Home Depot has successfully operated in Strongsville for over 27  years and recently exercised an option periods demonstrating the profitability of this store and Home Depot’s commitment to this location. With 5 years of remaining term, a 5-year option period, 7.5% rent increases and no landlord responsibilities this asset is ideal for a 1031 exchange of an investor seeking passive cash flows. 

The subject property prospers from excellent accessibility from Pearl Road and Sprague Road, which have a combined traffic count exceeding 46,900 VPD, and neighbors Walmart Supercenter and Lowe’s Home Improvement. Additionally, The Home Depot is adjacent to Interstate 71 (95,200 VPD) and is only one mile from Interstate 80 (42,500 VPD). Nearby retailers include McDonald’s, Starbucks, Dunkin’, Sheetz, Culver’s and more.

Don’t miss out on this excellent opportunity to acquire a prestigious Home Depot on an absolute NNN lease in the Cleaveland MSA (Population exceeding 2.17 million) with no landlord responsibilities, long-term occupancy and a strong tenant credit profile providing investors with passive income for years to come.

Available