Log In/Sign Up
750 Boardman Poland Rd
Youngstown, OH 44512
ModWash · Specialty Property For Sale
·
4,588 SF
Investment Highlights
- BRAND NEW CONSTRUCTION SALE LEASEBACK - Built in 2021, this property features a 20-year Absolute NNN lease that will commence at close of escrow.
- HIGHLY PROFITABLE BUSINESS The EBITDA margins on express tunnel sales are higher than most retailers, hovering in the 40 to 50% range.
- POPULAR RETAIL CORRIDOR - Located in the same corridor as Target, Walmart, Lowe’s, Best Buy, Aldi, HomeGoods, and many other major national retailers.
- STICKY BUSINESS MODEL - Due to the high cost for construction, difficulty with permits, and cost for machinery, carwashes don’t tend to move around.
- SUSTAINABLE RENT - Rent is set at 2.5x this location’s EBITDA, which is conservative for most tenants.
- EXCELLENT EXPOSURE - The property sees over 38,000 vehicles per day on Boardman Poland Rd.
Property Facts
| Property Type | Specialty | Building Size | 4,588 SF |
| Property Subtype | Car Wash | No. Stories | 1 |
| Building Class | B | Year Built | 2021 |
| Lot Size | 0.97 AC | Parking Ratio | 5.88/1,000 SF |
| Zoning | C | ||
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | B |
| Lot Size | 0.97 AC |
| Building Size | 4,588 SF |
| No. Stories | 1 |
| Year Built | 2021 |
| Parking Ratio | 5.88/1,000 SF |
| Zoning | C |
Property Taxes
| Parcel Number | 29-017-0-039.19-0 | Improvements Assessment | $192,570 |
| Land Assessment | $130,280 | Total Assessment | $322,850 |
Property Taxes
Parcel Number
29-017-0-039.19-0
Land Assessment
$130,280
Improvements Assessment
$192,570
Total Assessment
$322,850
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
