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Academy for Urban Scholars Youngstown 3405 Market St 10,722 SF 100% Leased Retail Building Youngstown, OH 44507 $1,850,000 ($172.54/SF) 7% Cap Rate
INVESTMENT HIGHLIGHTS
- High traffic area
- Located just off of Market street
EXECUTIVE SUMMARY
Academy for Urban Scholars .New five year lease with options. Strong NNN lease. . Rent $10,500 per month. New five year lease expires 8/1/2028
Newer HVAC units.
Located just north of the Boardman Township line on Market Street. in Youngstown. New construction at this end of Market. Library, Auto Zone, Fast Food, New Public Library, New Grocery Store
Newer HVAC units.
Located just north of the Boardman Township line on Market Street. in Youngstown. New construction at this end of Market. Library, Auto Zone, Fast Food, New Public Library, New Grocery Store
FINANCIAL SUMMARY (ACTUAL - 2021) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$108,000
|
$10.07
|
FINANCIAL SUMMARY (ACTUAL - 2021)
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $108,000 |
| Annual Per SF | $10.07 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
10,722 SF
Building Class
B
Year Built
1994
Price
$1,850,000
Price Per SF
$172.54
Cap Rate
7%
NOI
$129,500
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.40
Lot Size
0.62 AC
Zoning
Commercial
Parking
40 Spaces (3.73 Spaces per 1,000 SF Leased)
Frontage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 53-118-0-047.00-0 | Improvements Assessment | $82,680 (2024) |
| Land Assessment | $14,520 (2024) | Total Assessment | $97,200 (2024) |
PROPERTY TAXES
Parcel Number
53-118-0-047.00-0
Land Assessment
$14,520 (2024)
Improvements Assessment
$82,680 (2024)
Total Assessment
$97,200 (2024)
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MATTERPORT 3D TOUR
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STREET VIEW
STREET
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Academy for Urban Scholars Youngstown | 3405 Market St
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