3825 Belmont Ave, Youngstown, OH
38,500 SF warehouse leased to Temco Logistics.
- Added:
- Jan 17, 2025
- Days on Market:
- 513
- Last Refresh:
- May 20 at 9:38 pm
Property Features for 3825 Belmont Ave
General Information
- Standard status
- Active
- Size
- 38,500 SF
- Lot size
- 2.91 Acres
- Property subtype
- INDUSTRIAL
Listing agent Adam Divelbiss (501) 551-3817
Listing office Platz Realty Group (501) 551-3817
Listing date Jan 17, 2025
Source Moodyscre
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 Platz Realty Group
HighLights
- Home Depot backed NNN Lease (Temco Logistics acquired by Home Depot 6/2023)
- 100% Leased Investment Property
- Lease expires 2028 with 3% annual rent increases
- Long‑term tenant: Leased to Temco Logistics since 1968
- 38,500 SF +/- with 3,300 SF office space
- Includes 3 overhead doors & 4 interior dock doors
Overview
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $246.8k | $6.41 |
| − Vacancy | −$20.8k | −$0.54 |
| EGI | $226.0k | $5.87 |
| − OpEx | −$33.9k | −$0.88 |
| NOI | $192.1k | $4.99 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Youngstown
- County
- Mahoning
- State
- Ohio
- Longitude
- -80.6645
- Latitude
- 41.1512
