2075 Niles Cortland Rd - Freestanding FOR SALE


Warren, OH 44484- Warren/Niles
$2,445,950 USD
512-359-9190
2075 Niles Cortland Rd, Warren, OH for Sale
$2,445,950 USD
Freestanding - FOR SALE
1/6
null | Request Cap Rate

2075 Niles Cortland Rd
Warren, OH 44484
Warren/Niles


HIGHLIGHTS

  • Offered at $132.50 PSF, presenting a compelling acquisition opportunity in a prime retail corridor.
  • Surrounded by leading national retailers including Meijer, Kohl’s, Target, Home Depot, Five Below, Chick-fil-A, McDonald’s, T.J. Maxx, Burlington.
  • Prominent frontage on Niles Cortland Road SE (30,300 VPD) with convenient access to Youngstown Warren Rd (17,388 VPD) and Hwy 82 (42,325 VPD).
  • 18,460 SF single-tenant building, suitable for re-leasing to a new tenant or conversion to owner-occupancy.
  • An average household income of nearly $75,000 within a 1-mile radius supports healthy retail demand.
  • Built in 2004, minimizing near-term capital expenditure requirements.

OVERVIEW

Sands Investment Group is pleased to exclusively offer for sale the 18,460 SF Vacant La-Z-Boy located at 2075 Niles Cortland Road SE in Warren, OH. Constructed in 2004, the asset requires minimal near-term capital investment and provides versatile reuse potential. The singletenant building is well-suited for re-leasing to a new tenant or conversion to owner-occupancy, creating a flexible investment opportunity in a strong retail corridor. In Cooperation With ParaSell, Inc. , A Licensed Ohio Broker - Lic. #REC.2020005946 BoR: Scott Reid - Lic. OH #BRKP.2020001224

FOR SALE DETAILS

PRICE

$2,445,950 USD

PRICE/SF

$133 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Vacant La-Z-Boy - Warren, OH

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

1.67 AC

LAND SF

72,745 SF

ZONING

Commercial

APN/PARCEL ID

28-604750

ASK ABOUT THIS PROPERTY

Baker BaineSands Investment Group Austin, LLCMore Info
512-359-9190

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Baker BaineSands Investment Group Austin, LLCMore Info
512-359-9190

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