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Single-Tenant Walgreens NNN
For Sale
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3800 Tippecanoe Rd, Youngstown, OH 44511

Fee-simple sale of a Walgreens with a new 15-year absolute NNN lease featuring scheduled 5% rent escalations.

Property SizeContact for details
Days on Market142

Property Features for 3800 Tippecanoe Rd

General Information

Standard status Active
Property subtype Retail

Building Details

Tenancy Single
Listing Agency: JLL Chicago | Americas Headquarters
Listed By: Alex Sharrin · License #IL 475.170243
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 3:28AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JLL Chicago | Americas Headquarters

Investment Insights

Based on property information with market context.

This offering presents the fee-simple interest in a single-tenant Walgreens at 3800 Tippecanoe Rd, Youngstown, Ohio. Upon closing of escrow, Walgreens will execute a brand new 15-year absolute NNN lease with 5% rent escalations every five years throughout the primary term and renewal option periods.

The property is located in central Youngstown. It is described as less than five miles from Youngstown State University and in proximity to Mercy Health – St. Elizabeth Youngstown Hospital, a Level 1 Trauma Center and Primary Stroke Center.

The location profile is supported by the presence of substantial nearby population and healthcare and education employment, as referenced in the seller remarks.

Key Highlights

  • Fee‑simple sale of a Walgreens at 3800 Tippecanoe Rd, Youngstown, OH.
  • New 15‑year absolute NNN lease to be executed upon close of escrow.
  • Lease includes 5% rent escalations every five years throughout the primary term and renewal option periods.

Property Analytics

Current Use

Walgreens Photo (Bike/Boat/Book/etc) Store Cardtronics ATM Atm FedEx OnSite Postal Service Walgreens Pharmacy Pharmacy COVID-19 Drive-Thru Testing ... Pharmacy

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Restaurant Spa & Massage Center Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

243
Businesses Nearby
Well-served
Demand for This Use

Demographics for 44511, OH

18,738
Population
9,470
Households
2
Avg Household Size
46
Median Age
24%
College-Educated
93%
High-School Grad
7.4 sq mi
ZIP Area
2,532
Density / Sq Mi
$55,055
Median Household Income
$34,959
Median Earnings
$818
Median Rent
$110,700
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Similar Off Market Nearby

  • Walgreens Pharmacy 3800 Tippecanoe Rd, Youngstown, OH 44511
  • Rite Aid Pharmacy 3527 Canfield Rd, Youngstown, OH 44511
  • COVID-19 Drive-Thru Testing at Walgreens 3800 Tippecanoe Rd, Youngstown, OH 44511
  • Tina Colucci 3800 Tippecanoe Rd, Youngstown, OH 445113310
  • Michael Stebelton 3800 Tippecanoe Rd, Youngstown, OH 445113310

Frequently Asked Questions

What type of property is this?
Drug store - Fee-simple sale of a Walgreens with a new 15-year absolute NNN lease featuring scheduled 5% rent escalations.
Where is this drug store located?
The property is located at 3800 Tippecanoe Rd Youngstown, OH.
What are key features of this property?
This property features: Fee‑simple sale of a Walgreens at 3800 Tippecanoe Rd, Youngstown, OH.; New 15‑year absolute NNN lease to be executed upon close of escrow.; Lease includes 5% rent escalations every five years throughout the primary term and renewal option periods.
More about this property
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