Cap Rate
6%
$ per SF
$749
9780 State Route 14, Streetsboro, OH, 44241
Sonic Drive-In
$1,375,000
Key Information
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 | 149+ Unit Franchisee – The Sonic has operated continuously at this location for over 19 years, backed by an experienced 149+ 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
R
Rishi IdnaniLicense # 02195578 (CA)
C
Connor OlandtLicense # 01985082 (CA)
Broker of Record
Matt Wallace
License # BRKP.2024002419, REC.2022007141 (OH)Matthews Real Estate Investment Services, Inc950 Main Ave., Suite 510, Cleveland, OH 44113