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Elyria, OH NNN Properties for Sale

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Triplex Office Building with NNN
Updated: Apr 23
Triplex Office Building with NNN

445 Griswold Rd, Elyria, OH 44035

$430,000
2,592 sqft
2,592 SF single‑story brick triplex office building with 3 units, 100% occupied
Absolute NNN lease structure reported, designed for minimal landlord responsibilities
Each unit includes private restrooms, individual HVAC, and front and rear entrances
Zoned B‑G (Business General) with accessible single‑story layout (no steps)
Security system and central air conditioning throughout, plus full carpeting and signage
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Triple-Net Specialty Property
Updated: Apr 11
Triple-Net Specialty Property

125 Cleveland St, Elyria, OH 44035

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Triple‑net lease through 12/31/28, with annual rent of $102,000 through 12/31/23 then $112,200 for the last 5 years
Tenant options include 5 years at $123,420 and an additional 5‑year option expiring 12/31/38 at $135,762
NNN includes insurance, taxes, parking lot and sidewalk maintenance, and exterior painting
Sherwin‑Williams roof coat system applied two years ago with a 15‑year warranty; no leaks reported at application
New HVAC systems installed two years ago (approx. $48,000), with material exposure addressed to the lessor regarding roof and HVAC
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Elyria, OH, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Freestanding Popeyes Drive-Thru
Freestanding Popeyes Drive-Thru

14747 Lorain Avenue, Cleveland, OH 44111

$2,533,333
2,940 sqft

Freestanding Popeyes Louisiana Kitchen drive-thru with a long-term 20-year NNN sale-leaseback structure.

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Multi-Building Retail Center
Multi-Building Retail Center

1443 Nagel Road, Avon, OH 44011

$10,400,000
16,563 sqft

Three-building, 100% leased retail center anchored by a freestanding Starbucks with drive-thru on a 10-year lease.

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Freestanding Restaurant with Absolute NNN
Freestanding Restaurant with Absolute NNN

17887 Bagley Rd, Cleveland, OH 44130

Contact for pricing
7,759 sqft

Freestanding 7,759-square-foot Damon's Grill offered as a 100% fee-simple interest under an absolute NNN lease.

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Profitable Investment Opportunity in Avon
Profitable Investment Opportunity in Avon

36901 American Way, Avon, OH

$1,668,000
0.47 AC lot

Two adjacent condos leased to Buckeye Bank and R.A.B. Financial.

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Elyria, OH Nnn Properties Market Trends and Statistics

Explore 2 nnn properties for sale in Elyria, OH on our real estate platform. These investment opportunities span a total of 2,592 square feet of properties for sale, with an estimated market value of $430,000.

Sale prices for triple net lease properties in Elyria, OH start at $430,000, averaging $430,000, and reaching up to $430,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 110K
Population Growth (5Y) +3.5%
Median Household Income $69,523
College Educated 34.3%

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lorain County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Elyria fall within the 100,000+ square foot range.

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