Restaurant
Ruby Tuesday - Sheffield Village, OH
5274 Abbe Rd N, Sheffield Village, OH 44035
Listing Price: $2,100,000
Investment Overview
Marcus & Millichap is pleased to offer for sale the fee simple interest in a Ruby Tuesday property in Sheffield Village, OH.
This Ruby Tuesday building is located at 5274 N Abbe Rd, Sheffield Village, OH. The property consists of a single-story 4,914 SF structure that was built in 2000 on a 1.44 AC lot with wood frame construction and triple-net lease with Zero landlord responsibilities.
The property is located along N. Abbe Road (24,400 VPD), and less than half a mile from State Highway 254 (31,900 VPD), a major east-west thoroughfare for northern Ohio.
The asset is well-positioned as an outparcel to a Sam’s Club and At Home anchored center nearby national/credit tenants include Burlington, ALDI, Dollar General, AutoZone, Harbor Freight Tools, and more, further increasing consumer draw to the trade area.
The site is also half a mile north of Lorain County Community College with a student population of 11,500, providing Ruby Tuesday with a large nearby consumer base from which to draw from. The 5-mile trade area is supported by a population of over 131,000 with an average household income exceeding $81,000 and $98,000 in the 1-Mile.
Ruby Tuesday - Sheffield Village, OH
Investment Highlights
- ±11.8 Years Remaining | Corporate Guarantee | Absolute NNN |Strategically Located
- High Performing Location | Above Average Sales | 75th Percentile Nationwide | 85th Percentile In OH
- Dense Population | ±131,908 People within a 5-Mile Radius | Positive Population Growth
- Affluent Community | $97,992 Average Household Income within a 1-Mile Radius
- Sam's Club and Regal Cinemas Outparcel | Entrance To Center At Pylon Signalized Corner
- Cleveland MSA | $173B Annual GDP | $12B In Economic Impact
- Nearby National Credit Tenants Include: Burlington, Aldi, McDonalds, Starbucks, and many more
- Close Proximity To Midway Mall | 4 Miles | Major Redevelopment Underway Close Proximity To Lorain County Community College | Less Than One Mile | 11,500 Students
Exclusively Listed By
Broker of Record
-
Michael L. Glass
Executive Managing Director, Chief Revenue Officer- Mid-West Division
Financing By
Listing Price: $2,100,000
Investment Highlights
- ±11.8 Years Remaining | Corporate Guarantee | Absolute NNN |Strategically Located
- High Performing Location | Above Average Sales | 75th Percentile Nationwide | 85th Percentile In OH
- Dense Population | ±131,908 People within a 5-Mile Radius | Positive Population Growth
- Affluent Community | $97,992 Average Household Income within a 1-Mile Radius
- Sam's Club and Regal Cinemas Outparcel | Entrance To Center At Pylon Signalized Corner
- Cleveland MSA | $173B Annual GDP | $12B In Economic Impact
- Nearby National Credit Tenants Include: Burlington, Aldi, McDonalds, Starbucks, and many more
- Close Proximity To Midway Mall | 4 Miles | Major Redevelopment Underway Close Proximity To Lorain County Community College | Less Than One Mile | 11,500 Students
Investment Overview
Marcus & Millichap is pleased to offer for sale the fee simple interest in a Ruby Tuesday property in Sheffield Village, OH. This Ruby Tuesday building is located at 5274 N Abbe Rd, Sheffield Village, OH. The property consists of a single-story 4,914 SF structure that was built in 2000 on a 1.44 AC lot with wood frame construction and triple-net lease with Zero landlord responsibilities. The property is located along N. Abbe Road (24,400 VPD), and less than half a mile from State Highway 254 (31,900 VPD), a major east-west thoroughfare for northern Ohio. The asset is well-positioned as an outparcel to a Sam’s Club and At Home anchored center nearby national/credit tenants include Burlington, ALDI, Dollar General, AutoZone, Harbor Freight Tools, and more, further increasing consumer draw to the trade area. The site is also half a mile north of Lorain County Community College with a student population of 11,500, providing Ruby Tuesday with a large nearby consumer base from which to draw from. The 5-mile trade area is supported by a population of over 131,000 with an average household income exceeding $81,000 and $98,000 in the 1-Mile.
Exclusively Listed By
Broker of Record
-
Michael L. Glass
Executive Managing Director, Chief Revenue Officer- Mid-West Division
Financing By
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