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5020 Tiedeman Rd 5,983 SF Retail Building Brooklyn, OH 44144 $3,273,000 ($547.05/SF) 5.50% Cap Rate
INVESTMENT HIGHLIGHTS
- STRATEGIC KEY COMMONS OUTPARCEL - Located on 1.48 AC in Key Commons with direct access and visibility to I-480
- ABSOLUTE NNN LEASE - 15 Years of guaranteed income with zero responsibilities and built in 10% increases every 5 years
- CLEVELAND BROWNS RELOCATION - The Property sits just 5 miles east of the announced site of the new $2B Cleveland Browns Stadium (est. 2029)
- 2002 CONSTRUCTION | 2022 PROTOTYPE RENOVATION - Full-scale renovation in 2022 to align with latest design and branding standards
- DENSE CLEVELAND TRADE AREA - 332,000+ residents within 5 miles, positioning asset within a mature trade area with stable demand
EXECUTIVE SUMMARY
FLAGSHIP CLEVELAND CORRIDOR | RECENTLY REMODELED | ABSOLUTE NNN LEASE
TD Commercial Group is pleased to present a high-performing Buffalo Wild Wings located in the heart of Brooklyn, OH — and one of the Cleveland MSA’s most established retail corridors. This ±5,983 SF freestanding restaurant was fully remodeled in 2022 to Buffalo Wild Wings’ latest prototype, offering a modern, high-traffic dining experience in a densely populated trade area.
Positioned on a 1.48-acre outparcel within Key Commons Shopping Center, the property boasts direct access to I-480 (125,000+ VPD) and premium visibility along Tiedeman Road (23,500+ VPD). It benefits from exceptional co-tenancy, shadow-anchored by Target, Home Depot, Walmart, Sam’s Club, and AMC Theatres, reinforcing its status as a top-tier regional draw.
This is a fee simple offering backed by a 15-year absolute NNN lease with Grube Inc., the largest Buffalo Wild Wings franchisee in the country, operating over 70 locations with zero closures. The lease includes 10% rent increases every 5 years and five (5) 5-year renewal options, ensuring passive income with built-in inflation protection.
Just 5 miles east of the future $2B Cleveland Browns stadium development (slated to open in 2029), this property sits at the nexus of Cleveland’s westside growth and infrastructure expansion—offering significant long-term upside.
TD Commercial Group is pleased to present a high-performing Buffalo Wild Wings located in the heart of Brooklyn, OH — and one of the Cleveland MSA’s most established retail corridors. This ±5,983 SF freestanding restaurant was fully remodeled in 2022 to Buffalo Wild Wings’ latest prototype, offering a modern, high-traffic dining experience in a densely populated trade area.
Positioned on a 1.48-acre outparcel within Key Commons Shopping Center, the property boasts direct access to I-480 (125,000+ VPD) and premium visibility along Tiedeman Road (23,500+ VPD). It benefits from exceptional co-tenancy, shadow-anchored by Target, Home Depot, Walmart, Sam’s Club, and AMC Theatres, reinforcing its status as a top-tier regional draw.
This is a fee simple offering backed by a 15-year absolute NNN lease with Grube Inc., the largest Buffalo Wild Wings franchisee in the country, operating over 70 locations with zero closures. The lease includes 10% rent increases every 5 years and five (5) 5-year renewal options, ensuring passive income with built-in inflation protection.
Just 5 miles east of the future $2B Cleveland Browns stadium development (slated to open in 2029), this property sits at the nexus of Cleveland’s westside growth and infrastructure expansion—offering significant long-term upside.
PROPERTY FACTS
Sale Type
Investment NNN
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
5,983 SF
Building Class
C
Year Built/Renovated
2002/2022
Price
$3,273,000
Price Per SF
$547.05
Cap Rate
5.50%
NOI
$180,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.48 AC
Zoning
L-I
Parking
130 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Freeway Visibility
- Pylon Sign
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 433-09-005 | Improvements Assessment | $340,340 |
| Land Assessment | $273,000 | Total Assessment | $613,340 |
PROPERTY TAXES
Parcel Number
433-09-005
Land Assessment
$273,000
Improvements Assessment
$340,340
Total Assessment
$613,340
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5020 Tiedeman Rd
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