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Freestanding Restaurant NNN Lease
For Sale
Contact for pricing
Pending

21330 Center Ridge Rd, Rocky River, OH 44116

Absolute NNN lease with approximately 12.5 years remaining for a corporately operated Raising Cane’s location.

Days on Market113

Property Features for 21330 Center Ridge Rd

General Information

Standard status Pending
Property subtype Retail
Listing Agency: Marcus & Millichap - Columbus
Listed By: Craig Fuller · License #OH 2008001551
Source: Crexi
Added: Apr 11 Changed: Jul 20 Last Checked: Jul 30 at 8:17AM

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 Marcus & Millichap - Columbus

Investment Insights

Based on property information with market context.

This is a freestanding restaurant property offered for sale on an absolute NNN basis, with approximately 12.5 years remaining on the lease term. The location is described as corporately operated, with the corporate lessee entity listed as Raising Cane’s Restaurants, LLC.

The asset is located at 21330 Center Ridge Rd in Rocky River, Ohio, within the Cleveland MSA.

The offering is structured around the existing absolute NNN lease and the in-place corporate tenancy identified in the property remarks.

Key Highlights

  • Absolute NNN lease with approximately 12.5 years remaining
  • Corporately operated Raising Cane’s location
  • Corporate lessee: Raising Cane’s Restaurants, LLC

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Parking Lot & Garage Electrical Service HVAC Service Storage Facility Barber Shop (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,021
Businesses Nearby

Demographics for 44116, OH

21,821
Population
10,484
Households
2.1
Avg Household Size
45
Median Age
64%
College-Educated
97%
High-School Grad
4.9 sq mi
ZIP Area
4,453
Density / Sq Mi
$93,532
Median Household Income
$60,738
Median Earnings
$1,146
Median Rent
$327,600
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Absolute NNN lease with approximately 12.5 years remaining for a corporately operated Raising Cane’s location.
Where is this nnn property located?
The property is located at 21330 Center Ridge Rd Rocky River, OH.
What are key features of this property?
This property features: Absolute NNN lease with approximately 12.5 years remaining; Corporately operated Raising Cane’s location; Corporate lessee: Raising Cane’s Restaurants, LLC
(216) 264-2000 Call to check price and availability
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