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Freestanding Restaurant with Absolute NNN
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17887 Bagley Rd, Cleveland, OH 44130

Freestanding 7,759-square-foot Damon's Grill offered as a 100% fee-simple interest under an absolute NNN lease.

Property Size7,759 SF
Days on Market122

Property Features for 17887 Bagley Rd

General Information

Standard status Active
Size 7,759 SF
Property subtype Retail

Site & Location

Traffic Count 30,000 vehicles/day
Highway Access Yes
Road Access Yes
Listing Agency: Goodman Real Estate Services Group LLC Columbus
Listed By: Robert Yaskanich · License #OH SAL.2007006313
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 23 at 12:30PM

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 Services Group LLC Columbus

Investment Insights

Based on property information with market context.

Offered for sale is the 100% fee-simple interest in a freestanding Damon's Grill restaurant totaling 7,759 square feet at 17887 Bagley Rd, Cleveland, OH 44130. The property is operated under an 11-year lease featuring annual rent increases of 1.5% in years 3 and 4, followed by 2% annual increases thereafter. The lease is described as absolute NNN with no landlord responsibilities.

The site is positioned at a dominant intersection with over 30,000 VPD, offering strong egress and ingress to Bagley Road and Engle Road. The restaurant is directly in front of a 238-room Crowne Plaza Hotel, supporting on-site visibility to hotel guests. Access is also supported by proximity to Interstate 71, located about 1/3 of a mile away.

The surrounding market includes major business and institutional employers, including the Cleveland Browns corporate office, Southwest General Hospital, Baldwin Wallace University, and activity at Cleveland Hopkins International Airport and the International Exposition Center, along with the Cuyahoga County Fairgrounds.

Key Highlights

  • 100% fee‑simple interest in a freestanding 7,759 SF Damon's Grill at 17887 Bagley Road, Middleburg Heights, OH
  • Absolute NNN lease with no landlord responsibilities
  • 11‑year lease with annual rent increases: 1.5% in years 3 & 4, then 2% annually thereafter

Property Analytics

Current Use

IHOP Restaurant Jersey Mikes Take-out & Catering

Suggested Use

Top Pick Auto Parts Store Auto Repair Shop Garden Center Furniture & Home Goods Plumbing Service Bakery

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

Lease Details

30,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,090
Businesses Nearby
47k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Groceries 47% Dining 34% Shops & Services 7% Hotels & Casinos 6%
Aldi Groceries
22,272 visits/mo 0.3 miles
First Watch Dining
9,481 visits/mo 0.3 miles
Aladdin's Eatery Dining
4,279 visits/mo 0.3 miles
KeyBank Shops & Services
3,342 visits/mo 0.3 miles
Home2 Suites by Hilton Middleburg Heights Cleveland Hotels & Casinos
2,844 visits/mo 0.3 miles

Demographics for 44130, OH

50,825
Population
23,819
Households
2.1
Avg Household Size
45
Median Age
28%
College-Educated
92%
High-School Grad
17.1 sq mi
ZIP Area
2,972
Density / Sq Mi
$68,099
Median Household Income
$43,474
Median Earnings
$1,045
Median Rent
$184,900
Median Home Value

Market

Vacancy Rate% for Retail in Cleveland, OH

5.6% 2019
8.5% 2020
7.2% 2021
6.9% 2022
6.7% 2023
6.9% 2024
7.3% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Freestanding 7,759-square-foot Damon's Grill offered as a 100% fee-simple interest under an absolute NNN lease.
Where is this conventional restaurant located?
The property is located at 17887 Bagley Rd Cleveland, OH.
What are key features of this property?
This property features: 100% fee‑simple interest in a freestanding 7,759 SF Damon's Grill at 17887 Bagley Road, Middleburg Heights, OH; Absolute NNN lease with no landlord responsibilities; 11‑year lease with annual rent increases: 1.5% in years 3 & 4, then 2% annually thereafter
More about this property
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