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Sheffield Village Restaurant Opportunity
For Sale
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5274 Abbe Rd N, Elyria, OH 44035

Freestanding 4,914 SF restaurant on 1.44 AC lot.

Property Size4,914 SF
Lot Size1.44 Acres
Price / SF$396.83
Days on Market146

Property Features for 5274 Abbe Rd N

General Information

Standard status Active
Size 4,914 SF
Class B
Lot size 1.44 Acres
Property subtype Retail
Occupancy 100%
Lease Type Absolute NNN
Investment Type Net Lease
Net Operating Income $153,320

Building Details

Year Built 2000
Buildings 1
Stories 1
Units 1
Tenancy Single
Listing Agency: JTU Net Lease Group
Listed By: Jordan Uttal · License #CA 01512755
Source: Crexi
Added: Mar 17 Changed: Aug 8 Last Checked: Aug 8 at 6:36AM

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 JTU Net Lease Group

Investment Insights

Based on property information with market context.

The property offered for sale is a Ruby Tuesday restaurant located in Sheffield Village, Ohio. The single-story building, constructed in 2000, has a size of 4,914 square feet and is situated on a 1.44-acre lot. The building is of wood frame construction and is subject to a triple-net lease with zero landlord responsibilities. The property is positioned as an outparcel to a Sam’s Club and At Home anchored center. It benefits from its location along N. Abbe Road, which experiences a traffic volume of 24,400 vehicles per day, and its proximity to State Highway 254, a major east-west thoroughfare for northern Ohio, with a traffic volume of 31,900 vehicles per day. The surrounding area includes national and credit tenants such as Burlington, ALDI, Dollar General, AutoZone, and Harbor Freight Tools. The site is located half a mile north of Lorain County Community College, which has a student population of 11,500. The 5-mile trade area has a population of over 131,000, with an average household income exceeding $81,000 and $98,000 in the 1-mile radius.

Key Highlights

  • Triple‑Net Lease with Zero Landlord Responsibilities
  • Located on N. Abbe Road with high traffic volume (24,400 VPD)
  • Outparcel to a Sam's Club and At Home anchored center

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Building Supply Real Estate Agency Big Box & Wholesale Store Pharmacy Spa & Massage Center Parking Lot & Garage

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

Location Intelligence

Trade Area within ½ mile

766
Businesses Nearby
592k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 31% Shops & Services 26% Superstores 15% Groceries 15%
Sam's Club Superstores
89,943 visits/mo 0.2 miles
Giant Eagle Supermarket Groceries
43,933 visits/mo 0.5 miles
Sam's Club Gas Station Shops & Services
41,887 visits/mo 0.2 miles
Sheetz Shops & Services
34,384 visits/mo 0.5 miles
Burlington Apparel
28,202 visits/mo 0.1 miles

Demographics for 44035, OH

61,921
Population
29,637
Households
2.1
Avg Household Size
42
Median Age
17%
College-Educated
88%
High-School Grad
47.6 sq mi
ZIP Area
1,301
Density / Sq Mi
$54,362
Median Household Income
$38,493
Median Earnings
$871
Median Rent
$147,600
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Freestanding 4,914 SF restaurant on 1.44 AC lot.
Where is this conventional restaurant located?
The property is located at 5274 Abbe Rd N Elyria, OH.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Triple‑Net Lease with Zero Landlord Responsibilities; Located on N. Abbe Road with **high traffic volume (24,400 VPD)**; Outparcel to a Sam's Club and At Home anchored center
More about this property
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