856 Youngstown-Poland RdStruthers, OH 44471

For Sale
$330,000

High-yield, net-leased pharmacy in Ohio.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional investment opportunity presents a 3,040-square-foot retail pharmacy located at 856 Youngstown-Poland Rd, Struthers, OH 44471, in Mahoning County. The property is currently under a 5-year net lease (NN+) with 5 years remaining, offering a strong and stable income stream. The asking price is $330,000, translating to a compelling price per square foot of $108.55 and a 10.00% capitalization rate. The current Net Operating Income (NOI) stands at $33,000, with a monthly rent of $2750 plus increases in taxes and insurance above the current amounts. The tenant provides a personal guarantee, adding further security to this investment. The property is zoned for commercial use and boasts a prime location on a busy street, ensuring high visibility and accessibility. The property's APN is 38-015-0-352.00-0. This Class B property represents a rare chance to acquire a stable, high-return investment in a desirable location. The sale is offered directly by the owner.

Highlights

  • $330,000 asking price for a 3,040 SF retail property.
  • Net lease investment opportunity with a 10% cap rate and $33,000 annual NOI.
  • 5-year remaining lease term (NN+) with a personal guarantee.
  • Located at 856 Youngstown-Poland Rd, Struthers, OH 44471, in a high-traffic area.
  • Property is a Class B, 3,040 SF pharmacy/drug store.
  • Price per square foot is $108.55.

Property Details for 856 Youngstown-Poland Rd

Property type
Other retail properties, Individual retail properties
Square Feet
3,040 SF
Class
B

Location Insight

City
Struthers
County
Mahoning
State
Ohio
Latitude
41.048139871796
Longitude
-80.615723519623
856 Youngstown-Poland Rd, Struthers, Ohio

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856 Youngstown-Poland Rd
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