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    Parma, OH
    Conventional Restaurant

    Parma, OH Conventional Restaurants for Sale

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    Cleveland, OH North Royalton, OH Parma Heights, OH Independence, OH Brooklyn, OH Brook Park, OH Middleburg Heights, OH Seven Hills, OH
    Red Lobster NNN Restaurant Property
    Updated: Apr 10
    Red Lobster NNN Restaurant Property

    7067 Day Drive, Parma, OH 44129

    Contact for pricing
    7,608 sqft 1.67 AC lot
    7,608 SF freestanding Red Lobster on approximately 1.67 acres in Parma, OH
    25‑year triple‑net (NNN) lease in place with 21 years remaining on the base term
    Current rent is $266,055 with 2.00% annual increases
    Tenant renewal options: four additional five‑year options included
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    See what stands out in Cuyahoga County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Parma, OH, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Freestanding Corporate Restaurant
    Freestanding Corporate Restaurant

    7320 Northcliff Ave, Brooklyn, OH 44144

    Contact for pricing
    2,375 sqft

    Single-tenant Chipotle ground-floor restaurant on a road-fronted outparcel with direct visibility to a major shopping center.

    View details
    Freestanding Texas Roadhouse NNN
    Freestanding Texas Roadhouse NNN

    7341 Northcliff Ave, Brooklyn, OH 44144

    Contact for pricing
    6,750 sqft

    Single-tenant freestanding restaurant with an absolute NNN ground lease and Texas Roadhouse operations.

    View details
    Renovated Freestanding Retail Building
    Renovated Freestanding Retail Building

    4606 W 130th St, Cleveland, OH 44135

    Contact for pricing
    11,000 sqft

    Two-level commercial space configured for restaurant and grocery operations, with delivery access, front entrances, and substantial parking.

    View details
    Turn-Key Bar and Restaurant Building
    Turn-Key Bar and Restaurant Building

    6021 Memphis Avenue, Cleveland, OH 44144

    Contact for pricing

    Bar and restaurant property includes three parcels, a 7-day liquor license, two bars, and updated kitchen, security, and fire systems.

    View details

    Parma, OH Conventional Restaurants Market Trends and Statistics

    Explore 1 conventional restaurants for sale in Parma, OH on our real estate platform. These investment opportunities span a total of 7,608 square feet of properties for sale.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 3
    Drive through restaurants 2
    Bars & Pubs 1
    Coffee shops 1
    Commercial kitchens 1

    Demographics Overview

    Population 137K
    Population Growth (5Y) +0.9%
    Median Household Income $72,344
    College Educated 39.4%

    Listings Trend

    New vs delisted commercial listings in Cuyahoga County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Cuyahoga County

    Residential Income

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