4774 Mahoning Ave - Storefront FOR SALE
Youngstown, OH 44515 |
4774 Mahoning Ave
Youngstown, OH 44515
HIGHLIGHTS
- NNN, 80% Occupied, Multi-Tenant NNN Center with Significant Upside Through Lease Up of Last Vacant Unit | Corner Location with Signalized Entrance
- Successful Tenancy Consistently Exercising Renewals: Subway & Little Caesar’s Pizza Have Been In Place for Over 20 Years & 17 Years, Respectively
- Newly Executed Long-Term 10-Year Lease for 2 Spaces, Further Enhancing Rent Roll Stability
- Small Price Point with Over $425,000 of Upside Achievable Based on 7.75% CAP and Lease-Up of Just One Vacant Unit
- Strong Demos in One of Youngstown’s Most Desirable Suburbs: Incomes Over $77k Within 5-Mile and High Population Density of 273k+ Residents in 10 Miles
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
NNN Center: Significant Upside & Strong Area
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront
ADD'L SUBTYPES
Fast Food, Freestanding, Storefront Retail/Office
TOTAL BUILDING SIZE
8446
STORIES
1
YEAR BUILT
2004
SPRINKLERS
-
PARKING SPACES
55
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
48-027-0-247.01-0
