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Property profile & analytics
FOR LEASE
Drive through restaurants

28711 Euclid Ave Wickliffe, OH 44092

5,244 SF 1.28 ac lot Built 1989
Entity Owned 2-yr Hold Free & Clear
Property ID
US66-1119565
Property summary
AI-generated overview

This exceptional 5,244-square-foot freestanding retail building, situated on a prominent 1.28-acre lot in Wickliffe, Ohio, presents a unique investment opportunity. Located on Euclid Avenue, the property boasts 33 feet of frontage and offers excellent visibility for any business. Built in 1989 and renovated in 1995, the structure is of masonry construction and features a fire-resistant design. The property includes a spacious 55-space surface parking lot, ensuring ample customer convenience. Inside, the building features a 14-foot ceiling height and is equipped with a hood system, drive-thru, walk-in cooler/freezer, dining room, and kitchen—ideal for a quick-service restaurant (QSR) or adaptable for other uses. The property is zoned GB (General Business) within Lake County and benefits from two ingress/egress points, enhancing accessibility. While currently vacant, the existing infrastructure provides a solid foundation for a new tenant. The property taxes are subject to adjustment based on current valuation. A grandfathered red post sign is present, or a monument sign is permissible. Note that hard corner sign usage is not available. This location offers significant potential for a variety of businesses seeking high visibility and convenient access in a thriving commercial area. The property's size, features, and location make it an attractive option for entrepreneurs and investors alike.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1989
Total area 5,244 SF
Lot 1.28 ac (55,713 SF)
Zoning code GB
APN 29-A-008-0-00-039-0
UPID US66-1119565
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
9xl Proeprties LLC · 2 yrs held
9xl Proeprties LLC
since 2024
4 recorded transactions
2024
Price N/A
2024
$185,000
2021
$447,500
2021
Price N/A
Zoning & alternative use
GB · Wickliffe, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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