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836 Youngstown Warren Rd
Niles, OH 44446
Loves Furniture Retail and Distribution · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Sale Leaseback Absolute Triple-Net (NNN) Lease Investment Property
  • Entry Cap Rate: 8.25%
  • Tenant has two 10-year options to renew and extend the lease
  • 1st Year Annual Rent: $ 330,000
  • Annual Rent Increases: 1.5%
  • Strong rent-to-sales ratio and Strong corporate guarantee

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
53,796 SF
Building Class
B
Year Built/Renovated
1999/2020
Tenancy
Single
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.20
Lot Size
6.13 AC
Zoning
B3 - Commercial
Parking
114 Spaces (2.12 Spaces per 1,000 SF Leased)
Frontage
219’ on Youngstown Warren Rd

AMENITIES

  • Signage
  • Signalized Intersection

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
25-279330
Land Assessment
$150,890
Improvements Assessment
$687,610
Total Assessment
$838,500
  • Listing ID: 20730290

  • Date on Market: 8/24/2020

  • Last Updated:

  • Address: 836 Youngstown Warren Rd, Niles, OH 44446

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