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BJ's Restaurant & Brewhouse 25785 Brookpark Rd 7,500 SF Retail Building North Olmsted, OH 44070 $6,193,697 CAD ($825.83 CAD/SF) 6% Cap Rate
EXECUTIVE SUMMARY
Established QSR Presence
BJ’s has operated at its North Olmsted location since 2016, offering a proven track record of success in one of Cleveland’s busiest retail corridors. Its proximity to Great Northern Mall and Interstate 480 ensures consistent traffic and visibility.
Absolute NNN Lease Structure
The property is secured by an absolute NNN lease, providing passive, management-free income with no landlord responsibilities—ideal for investors seeking stable cash flow.
High-Performing Concept
BJ’s is known for its award-winning craft beer, deep-dish pizza, and signature Pizookie® desserts. The brand’s broad menu and upscale casual positioning attract a wide demographic, supporting strong unit economics.
National Brand Strength
With over 215 locations nationwide, BJ’s is a publicly traded company (NASDAQ: BJRI) with a loyal customer base and a growing footprint. Its emphasis on quality, service, and innovation makes it a durable long-term tenant.
Prime Retail Corridor
Located directly in front of Great Northern Mall, the freestanding restaurant benefits from high visibility, strong co-tenancy, and access to a dense
residential population.
Reliable Cash Flow
BJ’s North Olmsted location consistently ranks among the top performers in the region, offering secure in-place income and long-term lease stability.
BJ’s has operated at its North Olmsted location since 2016, offering a proven track record of success in one of Cleveland’s busiest retail corridors. Its proximity to Great Northern Mall and Interstate 480 ensures consistent traffic and visibility.
Absolute NNN Lease Structure
The property is secured by an absolute NNN lease, providing passive, management-free income with no landlord responsibilities—ideal for investors seeking stable cash flow.
High-Performing Concept
BJ’s is known for its award-winning craft beer, deep-dish pizza, and signature Pizookie® desserts. The brand’s broad menu and upscale casual positioning attract a wide demographic, supporting strong unit economics.
National Brand Strength
With over 215 locations nationwide, BJ’s is a publicly traded company (NASDAQ: BJRI) with a loyal customer base and a growing footprint. Its emphasis on quality, service, and innovation makes it a durable long-term tenant.
Prime Retail Corridor
Located directly in front of Great Northern Mall, the freestanding restaurant benefits from high visibility, strong co-tenancy, and access to a dense
residential population.
Reliable Cash Flow
BJ’s North Olmsted location consistently ranks among the top performers in the region, offering secure in-place income and long-term lease stability.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
7,500 SF
Building Class
C
Year Built/Renovated
1965/2016
Price
$6,193,697 CAD
Price Per SF
$825.83 CAD
Cap Rate
6%
NOI
$371,594 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
1.50 AC
Zoning
CRG
Parking
100 Spaces (13.33 Spaces per 1,000 SF Leased)
Frontage
80’ on Brookpark Rd
AMENITIES
- Bus Line
- Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 236-09-006 | Improvements Assessment | $403,169 CAD |
| Land Assessment | $435,347 CAD | Total Assessment | $838,516 CAD |
PROPERTY TAXES
Parcel Number
236-09-006
Land Assessment
$435,347 CAD
Improvements Assessment
$403,169 CAD
Total Assessment
$838,516 CAD
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BJ's Restaurant & Brewhouse | 25785 Brookpark Rd
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