Corporate-Leased Entertainment Retail
For Sale
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25735 1st Street, Westlake, OH 44145
Fee-simple interest in a corporate Dave & Buster’s ground lease with over 10 years of guaranteed term remaining.
Property Size57,500 SF
Days on Market121
Property Features for 25735 1st Street
General Information
Standard status
Active
Size
57,500 SF
Property subtype
Retail
Occupancy
100%
Additional Details
Highway Access
Yes
Building Details
Year Built
2001
Tenancy
Single
Listing Agency:
Goodman Real Estate Services Group LLC
(216) 381-8200
Listed By:
Kyle Hartung · License #OH SAL.2003016343
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 20 at 5:22PM
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
Investment Insights
Based on property information with market context.
Fee-simple interest in a corporate Dave & Buster’s ground lease located in Westlake, Ohio. Dave & Buster’s began a 20-year, absolute triple-net ground lease in 2001, and due to an early lease extension, the tenant currently has more than 10 years of guaranteed lease term remaining.
The facility has undergone a recent exterior and interior prototypical upgrade and remodel completed at a reported cost of more than $2 million. The building operates as a full-size Dave & Buster’s prototype featuring an arcade room, restaurant and bar areas, and private rooms for large parties and corporate events.
The property is positioned to serve Cleveland’s west side within a 15-minute drive and is the only Dave & Buster’s serving the Cleveland market per the offering remarks. It is surrounded by hotels including Courtyard by Marriott, TownPlace Suites by Marriott, and Super 8, with other nearby retailers listed such as Outback Steakhouse, Carrabba’s, Panera, Taco Bell, KeyBank, Walgreens, KFC, and McDonald’s. Crocker Park is located one mile west, featuring retailers including Trader Joe’s, Bed Bath & Beyond, Barnes & Noble, The Cheesecake Factory, and the American Greetings headquarters.
The facility has undergone a recent exterior and interior prototypical upgrade and remodel completed at a reported cost of more than $2 million. The building operates as a full-size Dave & Buster’s prototype featuring an arcade room, restaurant and bar areas, and private rooms for large parties and corporate events.
The property is positioned to serve Cleveland’s west side within a 15-minute drive and is the only Dave & Buster’s serving the Cleveland market per the offering remarks. It is surrounded by hotels including Courtyard by Marriott, TownPlace Suites by Marriott, and Super 8, with other nearby retailers listed such as Outback Steakhouse, Carrabba’s, Panera, Taco Bell, KeyBank, Walgreens, KFC, and McDonald’s. Crocker Park is located one mile west, featuring retailers including Trader Joe’s, Bed Bath & Beyond, Barnes & Noble, The Cheesecake Factory, and the American Greetings headquarters.
Key Highlights
- Fee‑simple interest in a corporate Dave & Buster’s ground lease in Westlake, Ohio
- 20‑year absolute triple‑net ground lease commenced in 2001 with 10.5 years of guaranteed term remaining
- Early lease extension plus recent exterior and interior prototypical upgrade/remodel completed at a cost over $2 million
Property Analytics
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
719
Businesses Nearby
Explore this area
Business Placement
Demographics for 44145, OH
34,228
Population
15,781
Households
2.2
Avg Household Size
47
Median Age
58%
College-Educated
96%
High-School Grad
15.9 sq mi
ZIP Area
2,153
Density / Sq Mi
$110,101
Median Household Income
$63,385
Median Earnings
$1,480
Median Rent
$336,100
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
NNN property - Fee-simple interest in a corporate Dave & Buster’s ground lease with over 10 years of guaranteed term remaining.
Where is this nnn property located?
The property is located at 25735 1st Street Westlake, OH.
What are key features of this property?
This property features: Fee‑simple interest in a corporate Dave & Buster’s ground lease in Westlake, Ohio; 20‑year absolute triple‑net ground lease commenced in 2001 with 10.5 years of guaranteed term remaining; Early lease extension plus recent exterior and interior prototypical upgrade/remodel completed at a cost over $2 million
