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2340 E State St
Salem, OH 44460
Planet Fitness · Retail Property For Sale
Investment Highlights
- 19,002-SF Planet Fitness Location on a Large +/-3.82 Acre Parcel | Outparcel to Tractor Supply Anchored Center | Over 11 Years Remaining on a NN Lease
- Complete 2024 Renovations to Suit Planet Fitness | New Roof in 2015 With a 20-year Rransferable Warranty | 60-Unit Franchisee Guaranteed Lease
- High Visibility With a Lighted Pylon Sign For Salem Plaza at Signalized Intersection | Features 3 Points of Ingress/Egress & a Large, Lit Parking Lot
- Minimal Landlord Responsibilities | 20% Rental Increase on 11/1/2030 | Two, 6-Year Renewal Options
- Strong Retail Corridor Location In a Tractor Supply Co Anchored Shopping Center | Situated Along East State St. Seeing 14,747 Vehicles Per Day
- Salem is the Largest City in Columbiana County, OH | 18 Miles From Youngstown & 60 Miles from Cleveland | Population of 68,300+ Within 10 Miles
Property Facts
Property Type
Retail
Property Subtype
Health Club
Building Size
19,002 SF
Building Class
B
Year Built/Renovated
1973/2024
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
3.80 AC
Parking
40 Spaces (2.11 Spaces per 1,000 SF Leased)
Frontage
201’ on E State St
Amenities
- Signage
- Wheelchair Accessible
Property Taxes
| Parcel Number | 5105921001 | Improvements Assessment | $206,890 |
| Land Assessment | $52,120 | Total Assessment | $259,010 |
Property Taxes
Parcel Number
5105921001
Land Assessment
$52,120
Improvements Assessment
$206,890
Total Assessment
$259,010
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