This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
836 Youngstown Warren Rd
Niles, OH 44446
Levin Furniture · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- There are 10% rental increases in year 6 and each of the four option periods.
- Situated on Youngstown Warren Road (Rt 422), a major throughway in Niles with traffic counts exceeding 18,000 vehicles per day.
- The property is located on a massive 6 acre parcel which allows for numerous redevelopment opportunities in the future if necessary.
- Levin Furniture is located just 2 miles from the Eastwood Mall Complex, a 3.3 million square foot retail complex anchored by Target and JCPenney.
- Dense demographics with over 4,000 people within 1 mile of the site, over 34,000 within 3 miles and over 80,000 within 5 miles.
- Surrounding national uses include Target, TJMaxx, Dick’s, Chick-fil-a, McDonald’s, CVS, and Ulta.
PROPERTY FACTS
AMENITIES
- Signage
- Signalized Intersection
ABOUT 836 YOUNGSTOWN WARREN RD , NILES, OH 44446
CBRE IS PLEASED TO EXCLUSIVELY PRESENT FOR SALE this Levin Furniture located in Niles, OH. Levin Furniture just signed a new 10 year lease at this site and there are currently over 9 years left in the base term of the lease with four options to renew. There are also 10% rental increases in year 6 and each option period. This 52,000 square foot store sits on a large 6+ acre site which allows for numerous redevelopment opportunities in the future if necessary. Levin Furniture is ideally surrounded by countless national tenants including Target, TJMaxx, Dick’s, Chick-fil-a, McDonald’s, CVS and Ulta to name a few. It is also located just 2 miles from the Eastwood Mall Complex, a 3.3 million square foot retail complex anchored by Target, JCPenney, The Home Depot, KOHL's and Hobby Lobby. This is a densely populated area with 4,414 people within 1 mile of the site, 34,532 within 3 miles and 80,031 people within 5 miles. Levin Furniture is situated on Youngstown Warren Rd (Rt 422), a major throughway in Niles with traffic counts exceeding 18,000 vehicles per day. This long term, NNN lease with minimal landlord responsibilities and a replaceable rent offers a passive investment for the astute investor.
PROPERTY TAXES
| Parcel Number | 25-279330 | Improvements Assessment | $687,610 |
| Land Assessment | $150,890 | Total Assessment | $838,500 |
PROPERTY TAXES
