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Freestanding Restaurant Building For Sale
For Sale
$2,100,000

5274 Abbe Rd N, Sheffield Village, OH 44035

4,914 SF restaurant on 1.44 AC lot in Sheffield Village.

Property Size4,914 SF
Lot Size1.44 Acres
Price / SF$427.35
Days on Market157

Property Features for 5274 Abbe Rd N

General Information

Standard status Active
Size 4,914 SF
Lot size 1.44 Acres
Property subtype Restaurant
Lease Type NNN

Amenities

±11.8 Years Remaining | Corporate Guarantee | Absolute NNN |Strategically Located
High Performing Location | Above Average Sales | 75th Percentile Nationwide | 85th Percentile In OH
Dense Population | ±131,908 People within a 5-Mile Radius | Positive Population Growth
Affluent Community | $97,992 Average Household Income within a 1-Mile Radius
Sam's Club and Regal Cinemas Outparcel | Entrance To Center At Pylon Signalized Corner
Cleveland MSA | $173B Annual GDP | $12B In Economic Impact
Nearby National Credit Tenants Include: Burlington, Aldi, McDonalds, Starbucks, and many more
Close Proximity To Midway Mall | 4 Miles | Major Redevelopment Underway Close Proximity To Lorain County Community College | Less Than One Mile | 11,500 Students

Building Details

Building Size 4,914 SF
Listing Agency: Encino Office
Listed By: Edgar Olvera · License #License(s): CA: 02138496
Source: Marcusmillichap
Added: Apr 3 Changed: Sep 2 Last Checked: Sep 5 at 3:58AM

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 Encino Office

Investment Insights

Based on property information with market context.

The property is a 4,914-square-foot, single-story restaurant building constructed in 2000. It is situated on a 1.44-acre lot. Located on N. Abbe Road, which has a traffic volume of 24,400 vehicles per day, the property is also less than half a mile from 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 property 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. The building has wood frame construction.

Key Highlights

  • Triple‑net lease with zero landlord responsibilities.
  • Located on N. Abbe Road (24,400 VPD) and near State Highway 254 (31,900 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
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - 4,914 SF restaurant on 1.44 AC lot in Sheffield Village.
Where is this conventional restaurant located?
The property is located at 5274 Abbe Rd N Sheffield Village, OH.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Triple‑net lease with zero landlord responsibilities.; Located on N. Abbe Road (24,400 VPD) and near State Highway 254 (31,900 VPD).; Outparcel to a Sam’s Club and At Home anchored center.
More about this property
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