This Retail Property is no longer advertised on LoopNet.com.

26324 Lorain Rd
North Olmsted, OH 44070
Arby's – New 15-Yr Corporate ABS NNN · Retail Property For Sale

Investment Highlights

  • Brand-New Construction Arby’s 15-Year Ground Lease in North Olmsted, OH
  • Relocation & Franchisee-to-Corporate Transition of Arby’s Store #4 (In Operation Since the 1960’s on Adjacent Lot)
  • True Abs NNN Lease with ZERO Landlord Responsibilities – Tenant Maintains All Capital Items, Pays Taxes Direct, Carries All Insurance, etc.
  • 44,900 Cars/Day at Signalized Intersection of Lorain/Brookpark Roads
  • Full Corporate Guaranty from Arby’s Restaurant Group, Inc.; Corporately- Owned RTM Operating Company, LLC Lessee Entity
  • Arby’s “Inspire” Prototypical Structure with Double Drive-Thru; Modern All-Brick Façade

Property Facts

Property Type
Retail
Property Subtype
Freestanding
Building Size
2,332 SF
Building Class
C
Year Built
2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.68 AC
Zoning
Commercial
Parking
20 Spaces (3.11 Spaces per 1,000 SF Leased)
Frontage
71’ on Lorain

Amenities

  • Bus Line

Property Taxes

Property Taxes

Parcel Number
232-28-025
Land Assessment
$145,040
Improvements Assessment
$250,180
Total Assessment
$395,220
  • Listing ID: 27581599

  • Date on Market: 1/24/2023

  • Last Updated:

  • Address: 26324 Lorain Rd, North Olmsted, OH 44070

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}