Garfield Heights, OH - Papa Johns
$665,000
5358 Turney Road, Garfield Heights, OH 44125
6.5
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 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
Location
Gallery