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Former Rite Aid Available! 5001 Mahoning Ave NW 11,233 SF of Retail Space Available in Warren, OH 44483
Highlights
- Freestanding 11,233 SF former Rite Aid available for sale & for lease
- Average household incomes of $74,903 within a 20 minute drive radius
- The site is located less than a mile from Kent State’s Trumbull Campus with over 2,200 student enrolled
- The property is located at a signalized intersection with 280’ of frontage along Champion Ave and 178’ of frontage along Mahoning Ave
- Combined traffic counts of 12,129 VPD at the intersection of Champion Ave and Mahoning Ave (Source: ODOT TIMS)
- Nearby retailers include O’Reilly Auto Parts, Dunkin’, Big Lots, McDonald’s, Burger King, Ace Hardware, and 1 mile from R82 access
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 11,233 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Site Plan
Property Facts
| Total Space Available | 11,233 SF | Gross Leasable Area | 11,233 SF |
| Property Type | Retail | Year Built | 1997 |
| Property Subtype | Drug Store | Parking Ratio | 4.45/1,000 SF |
| Total Space Available | 11,233 SF |
| Property Type | Retail |
| Property Subtype | Drug Store |
| Gross Leasable Area | 11,233 SF |
| Year Built | 1997 |
| Parking Ratio | 4.45/1,000 SF |
About the Property
Under New Ownership
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
Nearby Major Retailers
Presented by
Former Rite Aid Available! | 5001 Mahoning Ave NW
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