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9780 State Route 14, Streetsboro, OH, 44241

Sonic Drive-In
$1,375,000

Key Information

Cap Rate
6%
$ per SF
$749
Tot. SF
1,835
Lot Size
0.86 Acres
Year Built
2008 %
Term Remaining
± 14.3 Years
Type
Retail
NOI
$82,500

Highlights

• Walmart Outparcel Location – Situated as an outparcel to a Walmart-anchored center along OH-14 in Streetsboro, surrounded by national retailers and positioned within the market’s primary commercial corridor.
• 74,000+ VPD Along Hwy 80 and OH-14 – The site benefits from dual-corridor exposure with direct access to Highway 80 (42,000+ VPD) and frontage along OH-14 (32,000+ VPD), Streetsboro’s primary commercial corridor. This positioning delivers strong visibility and consistent traffic from two of the market’s highest-volume roadways.
• Affluent Demographics – The surrounding trade area features an average household income of $166,000+ within a 5-mile radius, supporting a high-income consumer base with strong purchasing power.
• 19+ Year Operating History | 85+ Unit Franchisee – The Sonic has operated continuously at this location for over 19 years, backed by an experienced 85+ unit franchisee with proven scale within the Sonic system.
• Absolute NNN Lease – Long-term absolute NNN lease with approximately 14.3 years of remaining term, providing passive ownership with zero landlord responsibilities.

Photos

Location

Agents

Broker of Record

Matt Wallace

License # BRKP.2024002419, REC.2022007141 (OH)
Matthews Real Estate Investment Services, Inc
950 Main Ave., Suite 510, Cleveland, OH 44113