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25821 Brookpark Rd 3,575 SF Retail Building North Olmsted, OH 44070 $2,200,000 ($615.38/SF) 5.50% Cap Rate
EXECUTIVE SUMMARY
Established QSR Presence
Raising Cane’s has operated successfully at this high-traffic location in North Olmsted, demonstrating strong brand loyalty and consistent performance in a competitive quick-service restaurant (QSR) market.
Absolute NNN Lease Structure
The property is secured by an absolute NNN lease with multiple years remaining, offering investors passive, management-free income with no landlord responsibilities—ideal for stable, long-term cash flow.
High-Performing Concept
This Raising Cane’s ranks among the strongest performers in its regional portfolio, benefiting from consistent foot traffic and proximity to high-volume retail anchors, contributing to above-average sales metrics.
National Brand Strength
Founded in 1996, Raising Cane’s has grown to over 749 locations across 37 states and several international markets, backed by a focused menu, cult-like following, and aggressive expansion strategy. Though privately held, the brand’s performance and growth trajectory make it a highly attractive net lease tenant.
Prime Retail Corridor
Strategically located along Brookpark Road near Great Northern Mall, the site is surrounded by national retailers, dense residential neighborhoods, and major highways—reinforcing its role as a regional dining destination.
Excellent Access & Visibility
The freestanding restaurant enjoys prominent frontage, multiple ingress/egress points, and strong visibility along one of Cleveland’s busiest commercial corridors, ensuring consistent exposure to both local and regional consumers.
Passive Income Stability
With a proven operator and a streamlined business model, the asset delivers secure in-place income and long-term lease stability, supported by the tenant’s strong unit economics and operational efficiency.
Resilient Market Fundamentals
Located in the Cleveland metro—home to worldclass healthcare, education, and logistics sectors— the site benefits from a stable economic base and sustained consumer demand, making it a reliable performer in both up and down cycles.
Raising Cane’s has operated successfully at this high-traffic location in North Olmsted, demonstrating strong brand loyalty and consistent performance in a competitive quick-service restaurant (QSR) market.
Absolute NNN Lease Structure
The property is secured by an absolute NNN lease with multiple years remaining, offering investors passive, management-free income with no landlord responsibilities—ideal for stable, long-term cash flow.
High-Performing Concept
This Raising Cane’s ranks among the strongest performers in its regional portfolio, benefiting from consistent foot traffic and proximity to high-volume retail anchors, contributing to above-average sales metrics.
National Brand Strength
Founded in 1996, Raising Cane’s has grown to over 749 locations across 37 states and several international markets, backed by a focused menu, cult-like following, and aggressive expansion strategy. Though privately held, the brand’s performance and growth trajectory make it a highly attractive net lease tenant.
Prime Retail Corridor
Strategically located along Brookpark Road near Great Northern Mall, the site is surrounded by national retailers, dense residential neighborhoods, and major highways—reinforcing its role as a regional dining destination.
Excellent Access & Visibility
The freestanding restaurant enjoys prominent frontage, multiple ingress/egress points, and strong visibility along one of Cleveland’s busiest commercial corridors, ensuring consistent exposure to both local and regional consumers.
Passive Income Stability
With a proven operator and a streamlined business model, the asset delivers secure in-place income and long-term lease stability, supported by the tenant’s strong unit economics and operational efficiency.
Resilient Market Fundamentals
Located in the Cleveland metro—home to worldclass healthcare, education, and logistics sectors— the site benefits from a stable economic base and sustained consumer demand, making it a reliable performer in both up and down cycles.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,575 SF
Building Class
B
Year Built
2020
Price
$2,200,000
Price Per SF
$615.38
Cap Rate
5.50%
NOI
$121,000
Tenancy
Single
Building Height
1 Story
Zoning
CRG
Frontage
5,300’ on Brookpark Rd
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 235-28-003 | Improvements Assessment | $434,875 |
| Land Assessment | $765,765 | Total Assessment | $1,200,640 |
PROPERTY TAXES
Parcel Number
235-28-003
Land Assessment
$765,765
Improvements Assessment
$434,875
Total Assessment
$1,200,640
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25821 Brookpark Rd
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