Streetsboro Freddy's NNN Investment
For Sale
Contact for pricing
1240 OH-303, Streetsboro, OH
Freddy's absolute NNN lease on 1.72-acre lot.
Property Size3,170 SF
Lot Size1.72 Acres
Days on Market247
Property Features for 1240 OH-303
General Information
Standard status
Active
Size
3,170 SF
Lot size
1.72 Acres
Property subtype
RETAIL
Listing Agency:
Goodman Real Estate
(216) 386-5576
Listed By:
Rob Yaskanich · License #SAL.2005002088
(216) 386-5576
Source:
Moodyscre
Added: Nov 25, 2025
Changed: Jul 10
Last Checked: Jul 21 at 6:01AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Goodman Real Estate
Investment Insights
Based on property information with market context.
This property features a Freddy’s restaurant operating under a brand new 20-year absolute NNN lease, which includes attractive 7.50% rental escalations every 5 years and four 5-year options to renew. The tenant, Ram-Z Custard, LLC, 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 restaurant is positioned on a large ±1.72-acre lot and includes an impressive 10-car stack drive-thru. The asset is a pad site to a shopping center anchored by Target, Lowe’s, and Giant Eagle, offering excellent visibility and access on OH-303/OH-14/Cleveland-E Liverpool Rd, just west of OH-43/Cleveland Canton Rd, with traffic counts of 58,609 CPD. Nearby retailers include Walmart, Home Depot, Family Farm & Home, Staples, Harbor Freight Tools, Pet Supplies Plus, ALDI, Dollar General, Goodwill, AutoZone, NTB, Mattress Firm, Sherwin Williams, Powerhouse Gym, and Planet Fitness. The property is located 8 miles from Kent State University (with 26,106 students), 20 miles from the University of Akron (with 14,995 students), 19 miles from Cleveland Clinic Akron General (a 532-bed teaching hospital), and 5 miles from Aurora Farms Premium Outlets, which features over 50 designer and name-brand outlet stores.
Key Highlights
- Brand new 20‑year Absolute NNN lease with attractive 7.50% rental escalations every 5 years and four 5‑year options to renew.
- Tenant is a large and established franchisee (Ram‑Z Custard, LLC) operating 69 locations.
- Pad site location within a Target, Lowe’s & Giant Eagle anchored shopping center.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
641
Businesses Nearby
312k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 32%
Dining 30%
Groceries 18%
Home Improvements & Furnishings 14%
Giant Eagle Supermarket
Groceries
41,845 visits/mo
0.2 miles
Lowe's
Home Improvements & Furnishings
24,341 visits/mo
0.3 miles
Circle K
Shops & Services
22,998 visits/mo
0.5 miles
Dollar Tree
Shops & Services
14,937 visits/mo
0.4 miles
Aldi
Groceries
14,670 visits/mo
0.4 miles
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Drive through restaurant - Freddy's absolute NNN lease on 1.72-acre lot.
Where is this drive through restaurant located?
The property is located at 1240 OH-303 Streetsboro, OH.
What are key features of this property?
This property features: Brand new 20‑year Absolute NNN lease with attractive 7.50% rental escalations every 5 years and four 5‑year options to renew.; Tenant is a large and established franchisee (Ram‑Z Custard, LLC) operating 69 locations.; Pad site location within a Target, Lowe’s & Giant Eagle anchored shopping center.
