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25116 Country Club Boulevard 7,900 SF 4-Star Retail Building North Olmsted, OH 44070 $3,091,000 ($391.27/SF) 5.50% Cap Rate
EXECUTIVE SUMMARY
New-to-Market Development
Texas Roadhouse is opening a 7,926-square-foot freestanding restaurant near JCPenney at Great Northern Mall, with completion expected by Fall 2025. The project will create 110 new jobs and generate significant local economic impact.
Absolute NNN Ground Lease
The property features an absolute NNN ground lease with 14.1 years of firm term remaining, offering passive, management-free income with zero landlord responsibilities.
High-Performing National Brand
With over 722 locations nationwide, Texas Roadhouse is known for its scratch-made meals, lively atmosphere, and industry-leading unit volumes—often exceeding $5 million per location.
Strong Consumer Appeal
The brand’s focus on value, hospitality, and consistency has earned it a loyal following and strong performance across suburban and regional markets.
Strategic Location
Situated within the Great Northern Mall trade area, the new restaurant will benefit from high visibility, strong co-tenancy, and access to a dense residential and commercial population.
Growth Catalyst
As part of a broader mall revitalization strategy, Texas Roadhouse will serve as a key traffic driver and anchor for expanded dining and entertainment offerings at
Great Northern Mall
Texas Roadhouse is opening a 7,926-square-foot freestanding restaurant near JCPenney at Great Northern Mall, with completion expected by Fall 2025. The project will create 110 new jobs and generate significant local economic impact.
Absolute NNN Ground Lease
The property features an absolute NNN ground lease with 14.1 years of firm term remaining, offering passive, management-free income with zero landlord responsibilities.
High-Performing National Brand
With over 722 locations nationwide, Texas Roadhouse is known for its scratch-made meals, lively atmosphere, and industry-leading unit volumes—often exceeding $5 million per location.
Strong Consumer Appeal
The brand’s focus on value, hospitality, and consistency has earned it a loyal following and strong performance across suburban and regional markets.
Strategic Location
Situated within the Great Northern Mall trade area, the new restaurant will benefit from high visibility, strong co-tenancy, and access to a dense residential and commercial population.
Growth Catalyst
As part of a broader mall revitalization strategy, Texas Roadhouse will serve as a key traffic driver and anchor for expanded dining and entertainment offerings at
Great Northern Mall
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
Ground Lease (Leased Fee)
Property Type
Retail
Building Size
7,900 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2025
Price
$3,091,000
Price Per SF
$391.27
Cap Rate
5.50%
NOI
$170,000
Tenancy
Single
Building Height
1 Story
AMENITIES
- Signage
NEARBY MAJOR RETAILERS
1 of 2
VIDEOS
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MATTERPORT 3D TOUR
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25116 Country Club Boulevard
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