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21330 Center Ridge Rd 3,418 SF Retail Building Rocky River, OH 44116 $4,491,600 ($1,314.10/SF) 6% Cap Rate
Investment Highlights
- Absolute NNN Lease – tenant covers taxes, insurance, and CAM.
- Long-Term Lease – ±9.5 years remaining with five (5) additional 5-year options.
- Strong Visibility & Access – Excellent signage, dual ingress/egress, and exposure to ±29,000 VPDy, serving a dense & affluent suburban customer base.
- Corporate Guarantee – Originally a franchise; converted to a corporate store in 2021 due to strong performance.
- High-Traffic Retail Corridor – Surrounded by national retailers including Home Depot, Target, ALDI, Planet Fitness, Chick-fil-A, LongHorn, etc.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,418 SF
Building Class
B
Year Built
2020
Price
$4,491,600
Price Per SF
$1,314.10
Cap Rate
6%
NOI
$269,496
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.24 AC
Zoning
GB - General Business
Frontage
178’ on Center Ridge Road
Amenities
- Signage
Walk Score®
Very Walkable (75)
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $309,540 | |
| Land Assessment | $415,065 | Total Assessment | $724,605 |
Property Taxes
Parcel Numbers
Land Assessment
$415,065
Improvements Assessment
$309,540
Total Assessment
$724,605
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21330 Center Ridge Rd
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