8,915 SF Freestanding Restaurant Former Quaker Steak & Lube
For Sale/Lease | M-1 Zoning Allows Multiple Uses
Marketing description
This freestanding former Quaker Steak & Lube offers a premier restaurant or redevelopment opportunity located at 7834 Reynolds Road in Mentor, OH, a thriving suburb within the Cleveland MSA. The 8,915 square foot building sits on a 3.05 acre parcel at the signalized intersection of Reynolds Road (SR 306) and Tyler Blvd, which experiences a combined traffic count of nearly 39,000 vehicles per day. Built in 2009, the property features ample on site parking with 235 spaces and excellent visibility in one of Mentor’s most active commercial corridors dubbed "restaurant row".
The site benefits from strong surrounding demographics, with over 53,000 households within five miles and a median household income of $85,628, well above the national average. The property is ideally positioned within the vibrant Northeast Cleveland market, which attracts more than 42 million non-resident visitors annually. Adjacent restaurants rank in the 90th percentile among Ohio locations, and nearby retail centers such as Points East Shopping Center (0.4 miles away) rank in the top 85th percentile statewide for visitation, underscoring the area’s strong consumer draw and retail performance.
Zoned M-1 (Light Manufacturing), the property allows for a range of potential uses including restaurant, QSR, office, and other commercial/industrial uses (contact agent for more details). With its high visibility, strong traffic counts, and exceptional market fundamentals, this property represents a unique opportunity for users or investors seeking a well positioned property in one of Greater Cleveland’s most dynamic trade areas.
Investment highlights
Freestanding Restaurant Built in 2009 – Former Quaker Steak & Lube
Available for Sale or Lease – 8,915 SF building on 3.05 acres
Prominent Corner Location – Signalized intersection of Reynolds Rd. (SR 306) and Tyler Blvd. with a combined 38,911 VPD
Ample Parking – 235 on site spaces
Zoning: M-1 (Light Manufacturing) – Flexible use potential including restaurant, QSR, office, and other commercial/industrial uses (contact agent for more details)
Strong Surrounding Demographics – Over 53,000 households within 5 miles; $85,628 median household income
High-Performing Trade Area – Adjacent restaurants rank in the 90th percentile among Ohio locations
Retail Synergy – 0.4 miles from Points East Shopping Center, ranking in the top 85th percentile statewide for visitation
Part of the Cleveland MSA – Population over 2.1 million with 114.9 million non-resident visitors annually
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