Arby’s Absolute NNN
For Sale
Contact for pricing
417 W Main St, Ravenna, OH 44266
Corporate-backed restaurant lease with multiple renewal options and scheduled rent escalations.
Property SizeContact for details
Days on Market142
Property Features for 417 W Main St
General Information
Standard status
Active
Property subtype
Retail
Additional Details
Road Access
Yes
Listing Agency:
Horvath & Tremblay
Listed By:
Steven Schiavello · License #NJ 1327559
Source:
Crexi
Added: Apr 13
Changed: Aug 31
Last Checked: Aug 30 at 3:27PM
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 Horvath & Tremblay
Investment Insights
Based on property information with market context.
This Arby’s property at 417 W Main Street is subject to an absolute NNN lease with a corporate guarantee. The agreement was executed in 2015 and provides more than eight years of remaining initial term, followed by four additional five-year renewal options. The initial and renewal periods each include a 5% rent increase every five years.
The site occupies a position along W Main Street, also identified as OH Route 59, and sits beside the signalized junction of Main and Sycamore streets. Main Street serves as Ravenna’s primary commercial corridor and includes national and local retailers and businesses. Ravenna High School and Brown Middle School are within 1 mile, Northeast Ohio Medical University is 4 miles away, and Kent State University is 5 miles from the property.
The site occupies a position along W Main Street, also identified as OH Route 59, and sits beside the signalized junction of Main and Sycamore streets. Main Street serves as Ravenna’s primary commercial corridor and includes national and local retailers and businesses. Ravenna High School and Brown Middle School are within 1 mile, Northeast Ohio Medical University is 4 miles away, and Kent State University is 5 miles from the property.
Key Highlights
- Arby’s corporate‑guaranteed absolute NNN lease
- More than 8 years remaining in the initial lease term
- Four 5‑year renewal options
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
783
Businesses Nearby
78k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 68%
Shops & Services 30%
Home Improvements & Furnishings 1%
Electronics 1%
McDonald's
Dining
22,770 visits/mo
0.1 miles
Taco Bell
Dining
15,335 visits/mo
0.4 miles
Huntington Bank
Shops & Services
10,294 visits/mo
0.2 miles
Arby's
Dining
6,623 visits/mo
0.1 miles
Dairy Queen
Dining
4,773 visits/mo
0.5 miles
Demographics for 44266, OH
32,606
Population
15,036
Households
2.2
Avg Household Size
43
Median Age
21%
College-Educated
92%
High-School Grad
91.9 sq mi
ZIP Area
355
Density / Sq Mi
$61,211
Median Household Income
$40,068
Median Earnings
$904
Median Rent
$159,900
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?
NNN property - Corporate-backed restaurant lease with multiple renewal options and scheduled rent escalations.
Where is this nnn property located?
The property is located at 417 W Main St Ravenna, OH.
What are key features of this property?
This property features: Arby’s corporate‑guaranteed absolute NNN lease; More than 8 years remaining in the initial lease term; Four 5‑year renewal options
