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17090 Royalton Rd
Strongsville, OH 44136

$5,017,390 USD

Restaurant For Sale  •  5,764 SF

Property Details

• Property Type Restaurant
• Total Building Size 5,764 SF
• Lot Size 1.1 AC
• Building Class B
• Year Built 1977
• Cap Rate 5.75 %
• Tenancy Multiple
• Zoning C, Strongsville

25 Transit Score

55 Walk Score

Highlights

Backed by Chipotle Mexican Grill, Inc. (NYSE: CMG), a publicly traded Fortune 500 company with a market capitalization exceeding $70 billion.

LensCrafters is part of the global optical-retail network of EssilorLuxottica, one of the largest eyewear and optical groups in the world.

Chipotle has seen tremendous growth in recent years, averaging 11% annually over the past two years.

Located in the highly trafficked SouthPark and Royalton Road corridor of Strongsville (a key suburban trade area).

Strongsville has a median household income of around ~$102,574 according to ACS data, indicating a relatively affluent, stable suburban population.

Chipotle continues to roll out its “Chipotlane” drive-thru format and advanced mobile-order pickup technology to enhance convenience and sales.

Cap Rate:

5.75 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Chipotle Mexican Grill	2,310 SF	3/31/2033
LensCrafters	3,454 SF	4/30/2033

Amenities

• Pylon Sign
• Signage

Public Transportation

Airport	Drive	Walk	Distance
Cleveland-Hopkins International	19 min	-	10.8 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	60
Type:	Surface
Included in Rent:	Yes