3471 Steelyard Dr, Cleveland, OH 44109
This exceptional 2,400 square foot restaurant endcap space is ideally located within the bustling Steelyard Commons in Cleveland, Ohio. Benefitting from over 15 years of successful restaurant operation in the space, the property boasts significant existing infrastructure, including a 2-inch water line, 1,000-gallon grease trap, 4-inch sanitary line, 2.5-inch gas line, and a 12-foot hood. An enclosed patio adds further appeal. The previous tenant successfully operated here for 15 years before relocating to a nearby drive-thru location within the same complex, demonstrating the site's strong potential. Steelyard Commons enjoys exceptional visibility and accessibility, with over 8 million annual customers and over 5 million vehicles annually traversing Steelyard Drive. The property benefits from direct highway access via I-71 and SR 176, and a substantial daytime population of over 200,000 employees within a 5-mile radius provides a large potential customer base. This turnkey opportunity offers a significant advantage for a new restaurant operator seeking a high-traffic location with established infrastructure. The 30-foot frontage ensures excellent visibility and accessibility for customers. This is a rare chance to acquire a well-equipped space in a thriving commercial center.
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Chipotle Mexican Grill Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
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