Rite Aid Drive-Through Drug
For Sale
Contact for pricing
2840 Youngstown Road SE, Warren, OH 44484
Absolute NNN lease structure places no landlord responsibilities on the owner.
Property SizeContact for details
Days on Market143
Property Features for 2840 Youngstown Road SE
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
Pharma Property Group
(619) 297-0055
Listed By:
Jason Pongsrikul · License #CA 01918332
Source:
Crexi
Added: Apr 10
Changed: Aug 29
Last Checked: Aug 29 at 2:31PM
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 Pharma Property Group
Investment Insights
Based on property information with market context.
Rite Aid occupies the property under an absolute triple-net lease, with no landlord responsibilities specified. The initial lease term has approximately 8 years remaining and includes eight five-year renewal options. Rental increases are approximately 10% every ten years, with the next option beginning October 1, 2024. Rent is backed by a corporate guarantee from the Rite Aid parent company.
The drug store includes a drive-through pharmacy and sits on a signalized corner at 2840 Youngstown Road SE in Warren, Ohio. Traffic counts exceed 14,000 vehicles per day. Saint Joseph Warren Hospital is located less than a mile north, while the Eastwood Mall Complex is approximately 2 miles east and contains 3,200,000 square feet of retail space. Youngstown Warren Regional Airport is approximately fifteen minutes northeast of the property, and the Ohio Turnpike is minutes from Warren.
The drug store includes a drive-through pharmacy and sits on a signalized corner at 2840 Youngstown Road SE in Warren, Ohio. Traffic counts exceed 14,000 vehicles per day. Saint Joseph Warren Hospital is located less than a mile north, while the Eastwood Mall Complex is approximately 2 miles east and contains 3,200,000 square feet of retail space. Youngstown Warren Regional Airport is approximately fifteen minutes northeast of the property, and the Ohio Turnpike is minutes from Warren.
Key Highlights
- Absolute triple‑net lease with no landlord responsibilities
- Approximately 8 years remaining on the initial lease term
- Eight five‑year renewal options; next option begins October 1, 2024
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
280
Businesses Nearby
21k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 75%
Shops & Services 23%
Electronics 2%
Dunkin' Donuts
Dining
12,016 visits/mo
0.3 miles
Family Dollar
Shops & Services
4,869 visits/mo
0.4 miles
Little Caesars Pizza
Dining
3,325 visits/mo
0.4 miles
Metro by T-Mobile
Electronics
346 visits/mo
0.3 miles
China Star
Dining
269 visits/mo
0.2 miles
Demographics for 44484, OH
22,290
Population
9,929
Households
2.2
Avg Household Size
46
Median Age
26%
College-Educated
93%
High-School Grad
17.9 sq mi
ZIP Area
1,245
Density / Sq Mi
$65,435
Median Household Income
$42,490
Median Earnings
$840
Median Rent
$166,100
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
- IPS Inc — 3709 Youngstown Rd SE, Warren, OH 44484
- Rite Aid Pharmacy — 2840 Youngstown Rd SE, Warren, OH 44484
- David R. Motz, Pharm — 2840 Youngstown Rd SE, Warren, OH 44484
- Jon Fields — 2840 Youngstown Rd SE, Warren, OH 444845063
- George Graham — 1732 Youngstown Rd SE, Warren, OH 444844254
Frequently Asked Questions
What type of property is this?
Drug store - Absolute NNN lease structure places no landlord responsibilities on the owner.
Where is this drug store located?
The property is located at 2840 Youngstown Road SE Warren, OH.
What are key features of this property?
This property features: Absolute triple‑net lease with no landlord responsibilities; Approximately 8 years remaining on the initial lease term; Eight five‑year renewal options; next option begins October 1, 2024
