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Garfield Heights, OH - Papa Johns

$665,000

5358 Turney Road, Garfield Heights, OH 44125

Active
Last Updated: 09/23/2026

6.5

Cap Rate

43,200

NOI

Details:
Cap Rate:    6.5%
NOI:    $43,200
Building Size:    1,274 sqft
Lot Area:    0.11 acres
Occupancy:    100%
Year Built:    1948
Zoning:    Turney Road Core Mixed-Use (TRCMU)
Floors:    1
Description:

• Over 11 years of remaining term with four (4) 5-year renewal options
• 8% rental increases every five years throughout the primary term and option periods support NOI growth and provide a built-in hedge against inflation
• This location demonstrates strong store performance, with reported sales of$2,300,000 and a healthy 1.9% rent-to-sales ratio supporting long-term rent sustainability

• Situated within a dense retail corridor alongside national brands including CVS, McDonald’s, Take 5, and more
• Close proximity to community anchors like Elmwood Elementary School, Trinity High School, and Marymount Hospital, a 269-bed acute care facility
• Strong retail density and nearby community anchors drive consistent consumer traffic and demand

Map:
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