Garfield Heights, OH - Papa Johns
$785,000
5358 Turney Road, Garfield Heights, OH 44125
5.5
Cap Rate
43,200
NOI
Details:
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 is a top-performing Papa Johns, ranking in the 93rd percentile nationally and 98th percentile in Ohio among comparable stores (Placer.ai)
• 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
Location
Gallery