Drive-Through Restaurant
For Sale
Contact for pricing
27178 Lorain Road, North Olmsted, OH 44070
Established drive-thru restaurant in a prominent corner location with 30,000+ VPD and a lease term through May 2032.
Property Size2,200 SF
Price / SF$977.27
Days on Market83
Property Features for 27178 Lorain Road
General Information
Standard status
Active
Size
2,200 SF
Total Parking Spaces
23
Property subtype
Retail
Lease Type
Net
Investment Type
Net Lease
Additional Details
Traffic Count
30,000 vehicles/day
Building Details
Year Built
2017
Units
23
Tenancy
Single
Listing Agency:
Hanna Commercial Real Estate Cleveland
Listed By:
Christopher Hondlik · License #OH SAL.2004004882
(216) 861-5686
Source:
Crexi
Added: Jun 17
Changed: Aug 25
Last Checked: Sep 7 at 8:48AM
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 Hanna Commercial Real Estate Cleveland
Investment Insights
Based on property information with market context.
This established drive-through restaurant is positioned on a prominent corner site and operates with a drive-thru format. The property is offered for sale with a remaining lease term of six years, expiring in May 2032. Lease provisions include an increased rent in year two.
The location benefits from 30,000+ vehicles per day based on the information provided in the remarks, supporting visibility and consistent street-level exposure. The property is described as being within one of Cleveland’s top retail trade areas.
At the time of listing, the asset is sized at 2,200 square feet.
The location benefits from 30,000+ vehicles per day based on the information provided in the remarks, supporting visibility and consistent street-level exposure. The property is described as being within one of Cleveland’s top retail trade areas.
At the time of listing, the asset is sized at 2,200 square feet.
Key Highlights
- 2017‑built drive‑thru restaurant with a lease term through May 2032 (6 years remaining)
- Prominent corner location with 30,000+ VPD traffic
- Lease includes rent increase in Year 2
Property Analytics
Current Use
Lease Details
30,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
635
Businesses Nearby
Explore this area
Business Placement
Demographics for 44070, OH
32,442
Population
13,953
Households
2.3
Avg Household Size
44
Median Age
33%
College-Educated
95%
High-School Grad
11.7 sq mi
ZIP Area
2,773
Density / Sq Mi
$85,435
Median Household Income
$49,900
Median Earnings
$1,092
Median Rent
$202,400
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Drive through restaurant - Established drive-thru restaurant in a prominent corner location with 30,000+ VPD and a lease term through May 2032.
Where is this drive through restaurant located?
The property is located at 27178 Lorain Road North Olmsted, OH.
What is the asking price?
The asking price for this property is $2,150,000.
What are key features of this property?
This property features: 2017‑built drive‑thru restaurant with a lease term through May 2032 (6 years remaining); Prominent corner location with 30,000+ VPD traffic; Lease includes rent increase in Year 2
