45 Montrose West Ave - Restaurant FOR SALE


Copley, OH 44321
$2,615,766 USD
847-562-8500
45 Montrose West Ave, Copley, OH for Sale
$2,615,766 USD
Restaurant - FOR SALE
1/5
null | 6% Cap Rate

45 Montrose West Ave
Copley, OH 44321


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$2,615,766 USD

PRICE/SF

$465 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

LongHorn Steakhouse

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

75

LAND DETAILS

LAND ACRES

1.73 AC

LAND SF

75,288 SF

ZONING

PDD,Copley

APN/PARCEL ID

17-00453

ASK ABOUT THIS PROPERTY

Jimmy GoodmanThe Boulder GroupMore Info
847-562-8500

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Jimmy GoodmanThe Boulder GroupMore Info
847-562-8500

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.