NNN Restaurant Property For
12380 Pearl Rd Strongsville, OH
12380 Pearl Rd, Strongsville, OH, 00000
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For Sale
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Long-term NNN lease with attractive escalations in Strongsville, OH.
Property Size3,103 SF
Lot Size6.85 Acres
Days on Market551
Property Features for 12380 Pearl Rd
General Information
- Standard status
- Active
- Size
- 3,103 SF
- Lot size
- 6.85 Acres
- Property subtype
- RETAIL
Properties For Sale
at 12380 Pearl Rd Contact us
Listing Agency
Goodman Real Estate
(330) 618-2864
Listed by
Michael Weiss · License #SAL.2005002088
(330) 618-2864
Source
Moodyscre
Added: Jan 15, 2025 Checked: Jul 19 at 2:24 am
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Investment Insights
Based on property information with market context.
This property features a brand new 20-year absolute NNN lease with 7.50% rental escalations every 5 years and four 5-year options to renew. Positioned on a large ±1.13-acre lot, the property benefits from high traffic counts and visibility on US-58/Pearl Rd, a main north/south thoroughfare in Strongsville, with traffic counts of 25,348 CPD. The operator, RAM-Z Custard, LLC, owns and operates 69 locations, including 34 Freddy’s restaurants (making it the 6th largest Freddy’s franchisee in the U.S.) and 35 Schlotzsky’s locations (the largest Schlotzsky’s franchisee in the country, including those currently under construction). The property is located in an area with affluent demographics; the 2024 population is 136,009 with an average household income of $128,245. The property size is 3,103 square feet.
Key Highlights
- Brand new 20‑year absolute NNN lease with rental escalations every 5 years and renewal options.
- High traffic location on US‑58/Pearl Rd with 25,348 cars per day.
- Tenant is a large franchisee operating 69 locations.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Drive through restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
Drive through restaurant - Long-term NNN lease with attractive escalations in Strongsville, OH.
Where is this drive through restaurant located?
The property is located at 12380 Pearl Rd Strongsville, OH.
What are key features of this property?
This property features: Brand new 20‑year absolute NNN lease with rental escalations every 5 years and renewal options.; High traffic location on US‑58/Pearl Rd with 25,348 cars per day.; Tenant is a large franchisee operating 69 locations.
