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LongHorn Steakhouse 45 Montrose West Ave 5 691 pi² Commerce de détail Immeuble Copley, OH 44321 3 583 599 $ CAD (629,70 $ CAD/pi²) 6% Taux de capitalisation



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Résumé de l'annonce
The Boulder Group is pleased to exclusively market for sale a single tenant net leased LongHorn Steakhouse property positioned within the Akron MSA in Copley, Ohio. LongHorn Steakhouse has been successfully operating from this location since 2005 when the property was constructed. LongHorn Steakhouse is currently operating on a lease through June 2030. The lease is absolute triple net and presents no landlord responsibilities. There are 1% annual rental escalations throughout the remaining primary term and five 5-year renewal options. LongHorn Steakhouse is a wholly owned subsidiary of Darden Restaurants, Inc., a publicly traded company (NYSE: DRI)
The 5,691 square-foot building is located in the Montrose commercial district, the area’s premier retail corridor. The property has direct visibility and access to I-77 / SR-21, one of the region’s primary arterials carrying 75,000 vehicles per day, and sits just off Medina Road, which sees 49,000 vehicles per day. The corridor is anchored by Summit Mall and a dense concentration of national retailers including Best Buy, DICK’S Sporting Goods, The Home Depot, Lowe’s Home Improvement, Sam’s Club, Walmart, & many others. The property is also adjacent to the Cleveland Clinic Akron General and Crystal Clinic Orthopedic Center, both of which draw a consistent flow of visitors and patients to the immediate area. The sur-rounding trade area includes 57,000-plus residents within five miles and an affluent average household income exceeding $196,000 within three miles.
LongHorn Steakhouse is an American casual dining restaurant chain specializing in grilled steaks, ribs, chops, chicken, and seafood, founded by George McKerrow Jr. on August 10, 1981, in Atlanta, Georgia. Starting as a single neighborhood location emphasizing fresh, never-frozen beef and a relaxed Western-inspired atmosphere, it grew significantly under RARE Hospitality International before being acquired by Darden Restaurants in 2007 for approximately $1.4 billion. As part of the Darden family—which also includes brands like Olive Garden and The Capital Grille—LongHorn Steakhouse has expanded to over 630+ locations across the United States and select territories as of 2026, maintaining its reputation for high-quality, expertly prepared steaks and a commitment to community giving, including donations of millions of pounds of fresh food since 2008. Headquartered in Orlando, Florida, the chain continues to focus on delivering “steak done right” in a welcoming ranch-style environment.
The 5,691 square-foot building is located in the Montrose commercial district, the area’s premier retail corridor. The property has direct visibility and access to I-77 / SR-21, one of the region’s primary arterials carrying 75,000 vehicles per day, and sits just off Medina Road, which sees 49,000 vehicles per day. The corridor is anchored by Summit Mall and a dense concentration of national retailers including Best Buy, DICK’S Sporting Goods, The Home Depot, Lowe’s Home Improvement, Sam’s Club, Walmart, & many others. The property is also adjacent to the Cleveland Clinic Akron General and Crystal Clinic Orthopedic Center, both of which draw a consistent flow of visitors and patients to the immediate area. The sur-rounding trade area includes 57,000-plus residents within five miles and an affluent average household income exceeding $196,000 within three miles.
LongHorn Steakhouse is an American casual dining restaurant chain specializing in grilled steaks, ribs, chops, chicken, and seafood, founded by George McKerrow Jr. on August 10, 1981, in Atlanta, Georgia. Starting as a single neighborhood location emphasizing fresh, never-frozen beef and a relaxed Western-inspired atmosphere, it grew significantly under RARE Hospitality International before being acquired by Darden Restaurants in 2007 for approximately $1.4 billion. As part of the Darden family—which also includes brands like Olive Garden and The Capital Grille—LongHorn Steakhouse has expanded to over 630+ locations across the United States and select territories as of 2026, maintaining its reputation for high-quality, expertly prepared steaks and a commitment to community giving, including donations of millions of pounds of fresh food since 2008. Headquartered in Orlando, Florida, the chain continues to focus on delivering “steak done right” in a welcoming ranch-style environment.
Faits sur la propriété
Type de vente
Investissement pour loyer hypernet
Type de propriété
Commerce de détail
Sous-type de propriété
Restaurant
Taille du bâtiment
5 691 pi²
Classe d’immeuble
B
Année de construction
2005
Prix
3 583 599 $ CAD
Prix par pi²
629,70 $ CAD
Taux de capitalisation
6%
Revenu net d’exploitation
215 016 $ CAD
Location
Unique
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,08
Taille du lot
1,73 AC
Zonage
PDD,Copley
Stationnement
75 places (13,18 places par 1 000 pi² loué)
Façade
250’ sur Montrose W Ave
Commodités
- Visibilité de l'autoroute
- Enseigne sur pylône
Principaux locataires
- Locataire
- Secteur
- pi² Occupé
- Loyer/pi²
- Type de bail
- Fin du bail
-
- Hébergement et services alimentaires
- -
- -
- Loyer hypernet
- Juin 2030
LongHorn Steakhouse began in 1981 when George McKerrow Jr. opened a Western-themed eatery in Atlanta, Georgia. The restaurant quickly became known for its steaks and hearty portions. In 2007, Darden Restaurants acquired the chain, expanding its national footprint. Today, the company operates numerous locations across the United States, serving grilled steaks, chicken, seafood, and signature dishes. The brand emphasizes quality ingredients and a welcoming atmosphere.
| Locataire | Secteur | pi² Occupé | Loyer/pi² | Type de bail | Fin du bail | |
|
Hébergement et services alimentaires | - | - | Loyer hypernet | Juin 2030 |
Plutôt praticable à pied
30/100
Exceptionnellement facile d’accès en voiture
100/100
Transports en commun limités
20/100
Assez praticable en vélo
20/100
Principaux détaillants à proximité
Impôts fonciers
| Numéro de lot | 17-00453 | Évaluation des bâtiments | 713 197 $ CAD |
| Évaluation du terrain | 187 713 $ CAD | Évaluation totale | 900 910 $ CAD |
Impôts fonciers
Numéro de lot
17-00453
Évaluation du terrain
187 713 $ CAD
Évaluation des bâtiments
713 197 $ CAD
Évaluation totale
900 910 $ CAD
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LongHorn Steakhouse | 45 Montrose West Ave
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