Freestanding Texas Roadhouse
For Sale
Contact for pricing
Pending
7341 Northcliff Ave, Brooklyn, OH 44144
Single-tenant freestanding restaurant with an absolute NNN ground lease and Texas Roadhouse operations.
Property Size6,750 SF
Days on Market56
Property Features for 7341 Northcliff Ave
General Information
Standard status
Pending
Size
6,750 SF
Property subtype
Retail
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$189,247
Site & Location
Traffic Count
33,350 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
2001
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 8
Last Checked: Aug 10 at 2:54PM
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 6,750-square-foot, freestanding, single-tenant corporate Texas Roadhouse property is offered for sale. The asset is 100% leased to Texas Roadhouse Holdings, LLC on an absolute NNN ground lease with 4.8 years remaining. Lease terms include a 10% rent escalation at the start of the fourth renewal period, zero landlord responsibilities, and percentage rent equal to 1% of Gross Sales over a $3M breakpoint.
The property is located at 7341 Northcliff Ave in Brooklyn, Ohio and has frontage along Northcliff Avenue with direct visibility to more than 33,350 vehicles per day. It also benefits from the Interstate 480 interchange (150,000+ VPD), with connectivity feeding directly to Ridge Road and providing ingress and egress points for Ridge Park Square. The asset is an outparcel to Ridge Park Square Shopping Center, a 386,754-square-foot center with 46 tenants.
For investors seeking a stabilized, restaurant-dedicated ownership with a tenant backed by an absolute NNN structure, this Texas Roadhouse ground lease provides defined landlord obligations, including zero landlord responsibilities. The lease structure combines fixed base rent mechanics with percentage rent tied to Gross Sales above the stated threshold, while maintaining a direct relationship to the property’s operating business.
The property is located at 7341 Northcliff Ave in Brooklyn, Ohio and has frontage along Northcliff Avenue with direct visibility to more than 33,350 vehicles per day. It also benefits from the Interstate 480 interchange (150,000+ VPD), with connectivity feeding directly to Ridge Road and providing ingress and egress points for Ridge Park Square. The asset is an outparcel to Ridge Park Square Shopping Center, a 386,754-square-foot center with 46 tenants.
For investors seeking a stabilized, restaurant-dedicated ownership with a tenant backed by an absolute NNN structure, this Texas Roadhouse ground lease provides defined landlord obligations, including zero landlord responsibilities. The lease structure combines fixed base rent mechanics with percentage rent tied to Gross Sales above the stated threshold, while maintaining a direct relationship to the property’s operating business.
Key Highlights
- 6,750 SF freestanding, single‑tenant Texas Roadhouse restaurant built in 2001
- 100% leased to Texas Roadhouse Holdings, LLC on an absolute NNN ground lease
- 4.8 years remaining on the lease, with a 10% rent escalation at the start of the fourth renewal period
Property Analytics
Property Profile
Current Use
Lease Details
33,350 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
587
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Single-tenant freestanding restaurant with an absolute NNN ground lease and Texas Roadhouse operations.
Where is this conventional restaurant located?
The property is located at 7341 Northcliff Ave Brooklyn, OH.
What is the asking price?
The asking price for this property is $3,240,000.
What are key features of this property?
This property features: 6,750 SF freestanding, single‑tenant Texas Roadhouse restaurant built in 2001; 100% leased to Texas Roadhouse Holdings, LLC on an absolute NNN ground lease; 4.8 years remaining on the lease, with a 10% rent escalation at the start of the fourth renewal period
