Freestanding Corporate
For Sale
Contact for pricing
7320 Northcliff Ave, Brooklyn, OH 44144
Single-tenant Chipotle ground-floor restaurant on a road-fronted outparcel with direct visibility to a major shopping center.
Property Size2,375 SF
Price / SF$1,225
Days on Market57
Property Features for 7320 Northcliff Ave
General Information
Standard status
Active
Size
2,375 SF
Property subtype
Retail
Occupancy
100%
Lease Type
NN
Investment Type
Net Lease
Net Operating Income
$155,775
Site & Location
Traffic Count
33,350 vehicles/day
Highway Access
Yes
Road Access
Yes
Additional Details
Business Included
Yes
Building Details
Year Built
2025
Buildings
1
Tenancy
Single
Listing Agency:
JLL Chicago | Americas Headquarters
(312) 782-5800
Listed By:
Mohsin Mirza · License #IL 475.189943
Source:
Crexi
Added: Jun 17
Changed: Aug 10
Last Checked: Aug 11 at 5:30PM
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 JLL Chicago | Americas Headquarters
Investment Insights
Based on property information with market context.
A freestanding, single-tenant corporate Chipotle restaurant totaling 2,375 square feet is offered for sale. The property is 100% leased to Chipotle Mexican Grill, Inc. and features a 15.0-year primary lease term with approximately 4.2 years remaining. The lease includes 10.0% rent escalations every five years and four, five-year renewal options. The offering is described as having minimal landlord responsibilities, supporting an owner/operator structure intended to limit ongoing involvement.
The asset is positioned as an outparcel to Ridge Park Square Shopping Center, a 386,754 square foot center with 46 tenants. The property has frontage along Ridge Road and Northcliff Avenue, with direct visibility supported by traffic counts cited in the remarks, including 33,350+ vehicles per day. Access is further strengthened by the Interstate 480 interchange (150,000+ VPD) that feeds directly to Ridge Road and the shopping center’s ingress and egress points.
For investors seeking a stabilized, net-leased foodservice asset, this property provides a long-term tenant commitment with scheduled rent escalations and multiple renewal opportunities. Its freestanding configuration and dual-road frontage are practical considerations for a corporate restaurant operator, while the outparcel setting to a regional shopping destination may support consistent customer exposure within the retail environment described.
The asset is positioned as an outparcel to Ridge Park Square Shopping Center, a 386,754 square foot center with 46 tenants. The property has frontage along Ridge Road and Northcliff Avenue, with direct visibility supported by traffic counts cited in the remarks, including 33,350+ vehicles per day. Access is further strengthened by the Interstate 480 interchange (150,000+ VPD) that feeds directly to Ridge Road and the shopping center’s ingress and egress points.
For investors seeking a stabilized, net-leased foodservice asset, this property provides a long-term tenant commitment with scheduled rent escalations and multiple renewal opportunities. Its freestanding configuration and dual-road frontage are practical considerations for a corporate restaurant operator, while the outparcel setting to a regional shopping destination may support consistent customer exposure within the retail environment described.
Key Highlights
- 2,375 SF freestanding, single‑tenant Chipotle on a ground‑floor outparcel
- 100% leased to Chipotle Mexican Grill, Inc.
- 15.0‑year primary lease term with 14.2 years remaining and 10.0% rent escalations every five years
Property Analytics
Property Profile
Current Use
Lease Details
33,350 VPD
Traffic count
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
668
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 44144, OH
21,361
Population
9,994
Households
2.1
Avg Household Size
42
Median Age
20%
College-Educated
88%
High-School Grad
5.5 sq mi
ZIP Area
3,884
Density / Sq Mi
$59,775
Median Household Income
$37,318
Median Earnings
$923
Median Rent
$138,000
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?
Conventional restaurant - Single-tenant Chipotle ground-floor restaurant on a road-fronted outparcel with direct visibility to a major shopping center.
Where is this conventional restaurant located?
The property is located at 7320 Northcliff Ave Brooklyn, OH.
What is the asking price?
The asking price for this property is $2,910,000.
What are key features of this property?
This property features: 2,375 SF freestanding, single‑tenant Chipotle on a ground‑floor outparcel; 100% leased to Chipotle Mexican Grill, Inc.; 15.0‑year primary lease term with 14.2 years remaining and 10.0% rent escalations every five years
