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Shopping Strip

Qdoba & DiBella’s | Dual Tenant NNN | Cleveland MSA | Extremely Dense & Wealthy Retail Corridor

1330 SOM Center Road, Mayfield Heights, OH 44124

Listing Price: $3,434,790

Cap Rate
5.95%
Gross SF
6,043
Rentable SF
6,043
Price/Gross SF
$568.39
Lot Size
0.70 acres
Year Built
2012

Investment Overview

Marcus & Millichap is pleased to offer a dual-tenant Qdoba (franchisee) and DiBella’s Subs (corporate) retail center strategically positioned along SOM Center Road (SR-91) in Mayfield Heights, a dense and highly trafficked infill submarket within the Cleveland MSA.? The property sits within one of the Eastside’s most established commercial corridors, surrounded by national retailers, grocery anchors, and service-oriented tenants that drive consistent daily traffic and cross-shopping activity.?

The asset is supported by long-term NNN leases with both tenants, delivering predictable, passive income and a +/-10-year WALT.? Qdoba’s new lease commenced in 2026 with strong 12.5% rent escalations every five years, while DiBella’s has been operating at the site since 2011 under a corporate-guaranteed lease with scheduled 10% rent increases.? Both leases include multiple renewal options, providing long-term occupancy stability and built-in income growth.?

Located in an affluent trade area with average household incomes of ~$133,000 within 3 miles, the property benefits from a strong surrounding residential base, major employment centers, and immediate proximity to I-271, which carries ±81,590 VPD.? The corridor continues to experience reinvestment, including new residential communities, retail redevelopments, and municipal improvements that reinforce long-term demand.?

This offering provides investors with a stable, low-management NNN asset featuring two complementary fast-casual brands, strong rent growth, and a prime infill location within one of Cleveland’s most desirable suburban markets.?

Investment Highlights

  • ?Prime Cleveland MSA Infill Location
  • ?Dual-Tenant NNN Asset With +10-Year WALT
  • ?Complementary Fast-Casual Brands Driving All-Day Demand
  • ?High-Visibility Retail Corridor With Strong Fundamentals
  • ?Growing Trade Area With Significant Development Activity

Exclusively Listed By

Broker of Record

  • Michael L. Glass

    Executive Managing Director, Chief Revenue Officer- Mid-West Division

    (614) 360-9800

    License(s) OH: BRK.2007005898

    Ohio

Shopping Strip

Qdoba & DiBella’s | Dual Tenant NNN | Cleveland MSA | Extremely Dense & Wealthy Retail Corridor

Listing Price: $3,434,790

Cap Rate
5.95%
Gross SF
6,043
Rentable SF
6,043
Price/Gross SF
$568.39
Lot Size
0.70 acres
Year Built
2012

Investment Highlights

  • ?Prime Cleveland MSA Infill Location
  • ?Dual-Tenant NNN Asset With +10-Year WALT
  • ?Complementary Fast-Casual Brands Driving All-Day Demand
  • ?High-Visibility Retail Corridor With Strong Fundamentals
  • ?Growing Trade Area With Significant Development Activity

Investment Overview

Marcus & Millichap is pleased to offer a dual-tenant Qdoba (franchisee) and DiBella’s Subs (corporate) retail center strategically positioned along SOM Center Road (SR-91) in Mayfield Heights, a dense and highly trafficked infill submarket within the Cleveland MSA.? The property sits within one of the Eastside’s most established commercial corridors, surrounded by national retailers, grocery anchors, and service-oriented tenants that drive consistent daily traffic and cross-shopping activity.? The asset is supported by long-term NNN leases with both tenants, delivering predictable, passive income and a +/-10-year WALT.? Qdoba’s new lease commenced in 2026 with strong 12.5% rent escalations every five years, while DiBella’s has been operating at the site since 2011 under a corporate-guaranteed lease with scheduled 10% rent increases.? Both leases include multiple renewal options, providing long-term occupancy stability and built-in income growth.? Located in an affluent trade area with average household incomes of ~$133,000 within 3 miles, the property benefits from a strong surrounding residential base, major employment centers, and immediate proximity to I-271, which carries ±81,590 VPD.? The corridor continues to experience reinvestment, including new residential communities, retail redevelopments, and municipal improvements that reinforce long-term demand.? This offering provides investors with a stable, low-management NNN asset featuring two complementary fast-casual brands, strong rent growth, and a prime infill location within one of Cleveland’s most desirable suburban markets.?

Exclusively Listed By

Broker of Record

  • Michael L. Glass

    Executive Managing Director, Chief Revenue Officer- Mid-West Division

    (614) 360-9800

    License(s): OH: BRK.2007005898

    Ohio

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