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31685662
31685663

45 Montrose W Ave, Copley, OH 44321

BB
OH BRK.200900214, WV B200300608 (+21)
Bang Realty
JG
IL 471007006
The Boulder Group
RB
IL IL 471005983
The Boulder Group
JF
IL 475154756
The Boulder Group
Listed by Bang Realty, The Boulder Group
$2,615,766
69 days on market
Updated 69 days ago

LongHorn Steakhouse

Details
Property Type Retail
Sub Type Restaurant
Square Footage 5,691
Cap Rate 6%
NOI $156,946
Occupancy 100%
Tenancy Single
Brand/Tenant Longhorn Steakhouse
Lease Type Absolute NNN
Lease Expiration 06/30/2030
Remaining Term 4
Rent Bumps Yes
Lease Options Five 5-year
Price per SqFt $460
Year Built 2005
Acreage 1.720
Investment Type Net Lease
Ground Lease No

6.00% Cap Rate | NNN | Affluent Area

Marketing description

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.

Investment highlights

  • Located within the Akron MSA – Ranked #87 in the U.S. by population
  • Proven operating history since 2005 – spanning two decades of successful performance
  • Large 1.72-acre parcel
  • Absolute NNN – No landlord responsibilities
  • Highly affluent community - $196,000+ average household income within three miles
  • Direct visibility and access to I-77 / SR-21, one of the region’s primary arterials (75,000 VPD)
  • Located just off of Medina Road (49,000 vehicles per day)
  • Adjacent demand drivers include Cleveland Clinic Akron General & Crystal Clinic Orthopedic Center
  • Dense retail corridor hosting Summit Mall & multiple shopping centers-Best Buy, DICK’S Sporting Goods, The Home Depot, Lowe’s Home Improvement, Sam’s Club, Walmart, & many others
  • 57,000+ residents within a five-mile radius

Listing Contacts

BB
OH BRK.200900214, WV B200300608 (+21)
Bang Realty
JG
IL 471007006
The Boulder Group
RB
IL IL 471005983
The Boulder Group
JF
IL 475154756
The Boulder Group
Listed by Bang Realty, The Boulder Group

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$156,946.00
$13,078.83/mo

Valuation Metrics

0
DSCR
6%
Cap Rate
6%
ROI

Map

Zoning

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PDD PlannedPlanned Development District
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Last updated Apr 15, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Brian Brockman
License
BRK.200900214
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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