4774 Mahoning Ave | Youngstown, OH 44515
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- LoopNet Team
4774 Mahoning Ave
Youngstown, OH 44515
NNN Center: Significant Upside & Strong Area · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- NNN, 80% Occupied, Multi-Tenant NNN Center with Significant Upside Through Lease Up of Last Vacant Unit | Corner Location with Signalized Entrance
- Newly Executed Long-Term 10-Year Lease for 2 Spaces, Further Enhancing Rent Roll Stability
- 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
- Successful Tenancy Consistently Exercising Renewals: Subway & Little Caesar’s Pizza Have Been In Place for Over 20 Years & 17 Years, Respectively
- Small Price Point with Over $425,000 of Upside Achievable Based on 7.75% CAP and Lease-Up of Just One Vacant Unit
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
8,446 SF
Building Class
B
Year Built/Renovated
2004/2024
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
0.85 AC
Zoning
B-2 - Commercial business
Parking
55 Spaces (6.51 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Corner Lot
- Dedicated Turn Lane
- Pylon Sign
- Security System
- Signage
- Signalized Intersection
- Wheelchair Accessible
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 48-027-0-247.01-0 | Improvements Assessment | $237,400 |
| Land Assessment | $90,720 | Total Assessment | $328,120 |
PROPERTY TAXES
Parcel Number
48-027-0-247.01-0
Land Assessment
$90,720
Improvements Assessment
$237,400
Total Assessment
$328,120
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