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    2300 Cooper Foster Park Rd Lorain, OH

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    NNN leased Pizza Hut with annual rent increases.

    Type:RETAIL
    Lot size:
    1.00 Acres
    Added:
    Aug 5, 2025
    Days on Market:
    268
    Last Refresh:
    Apr 5 at 10:48 pm

    Property Features for 2300 Cooper Foster Park Rd

    General Information

    Standard status
    Active
    Lot size
    1.00 Acres
    Property subtype
    RETAIL

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    Listing Contact
    Kyle Hartung
    Kyle Hartung

    Listing agent Kyle Hartung License #SAL.2003016343

    Listing office Goodman Real Estate

    Listing date Aug 5, 2025

    Source Moodyscre

    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


    Overview

    Pizza Hut Investment Opportunity

    Offered for sale is the fee simple interest in an absolute net lease with SFR X Holdings, LLC, one of the largest Pizza Hut franchisees in North America. The company purchased over 120 Pizza Hut Restaurants in the Midwest in 2022 and demonstrated their commitment to the brand by executing a new 20-year, absolute triple net lease for the location. The lease has 17 years of guaranteed base term remaining and features annual increases of 1.75% beginning March 1, 2028. The lease also includes six option terms of 5 years each, bringing the total potential remaining lease term to 47 years. The building is situated on 1 acre of retail land adjacent to Chase Bank and Sherwin Williams in a growing retail marketplace. Meijer Grocery recently constructed a 180,000 square foot store on the opposite corner, followed by Chick-fil-A, Panda Express, Five Guys, and Freddy’s Steakburgers. The property is located at a focal point with the State Route 2 interchange one block south, Meijer across the street, and Walmart, Home Depot, and Kohl’s one block north. This retail area has become a dominant shopping node in Cleveland’s western suburbs, contributing to the continued success of this Pizza Hut location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Pizza Hut Take-out & Catering

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lorain
    County
    Lorain
    State
    Ohio
    Longitude
    -82.2076
    Latitude
    41.4186

    FAQs

    What type of property is this?
    Turn key restaurant - NNN leased Pizza Hut with annual rent increases.
    Where is this turn key restaurant located?
    The property is located at 2300 Cooper Foster Park Rd Lorain, OH.
    What is the asking price?
    The asking price for this property is $1,882,000.
    What are key features of this property?
    This property features: Absolute NNN lease with 17 years of guaranteed base term remaining.; Tenant is SFR X Holdings, LLC, one of the largest Pizza Hut franchisees in North America.; Located in a thriving retail area near Meijer, Walmart, Home Depot, and Kohl's.
    (216) 381-8200 Call to check price and availability
    More about this property
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