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Freestanding Retail Storefront
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5001 Mahoning Ave Nw, Warren, OH 44483

Freestanding former Rite Aid with substantial street frontage at a signalized intersection, offered for sale or lease.

Property Size11,233 SF
Days on Market167

Property Features for 5001 Mahoning Ave Nw

General Information

Standard status Active
Size 11,233 SF
Property subtype RETAIL
Zoning C Commercial District

Additional Details

Traffic Count 12,129 vehicles/day
Listing Agency: CBRE | Cleveland
Listed By: Kevin Moss · License #SAL.2015001299
Source: Moodyscre
Added: Mar 30 Changed: Sep 4 Last Checked: Sep 12 at 5:06AM

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 CBRE | Cleveland

Investment Insights

Based on property information with market context.

Freestanding former Rite Aid totaling 11,233 SF is available for sale and for lease. The property is situated at a signalized intersection and features frontage along both Champion Ave and Mahoning Ave. The property is designated within the C Commercial District.

The site offers 280’ of frontage along Champion Ave and 178’ of frontage along Mahoning Ave, with combined traffic counts reported at 12,129 VPD at the intersection (Source: ODOT TIMS). It is located less than a mile from Kent State’s Trumbull Campus, which has over 2,200 student enrolled.

Surrounding retail includes O’Reilly Auto Parts, Dunkin’, Big Lots, McDonald’s, Burger King, Ace Hardware, and the property is also noted as being about one mile from R82 access.

Key Highlights

  • Freestanding 11,233 SF former Rite Aid building available for sale or lease
  • Signalized intersection location with 2809 frontage on Champion Ave and 1789 frontage on Mahoning Ave
  • C Commercial District zoning

Property Analytics

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Current Use

Joshua R. Conkey, ... Pharmacy Brad P. Vaughn, ... Pharmacy GNC at Rite Aid (Bike/Boat/Book/etc) Store Rite Aid Pharmacy Rite Aid Photo (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Skin Care Clinic HVAC Service Plumbing Service Daycare Center

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

12,129 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

160
Businesses Nearby
Well-served
Demand for This Use

Demographics for 44483, OH

24,840
Population
12,469
Households
2
Avg Household Size
43
Median Age
17%
College-Educated
89%
High-School Grad
18.3 sq mi
ZIP Area
1,357
Density / Sq Mi
$47,629
Median Household Income
$32,289
Median Earnings
$796
Median Rent
$100,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

  • THE TAMARKIN COMPANY 2700 Mahoning Avenue, State Rd NW, Warren, OH 44483
  • Breezy's Beauty Bar, LLC 4677 Mahoning Ave NW, Warren, OH 44483
  • Rite Aid Pharmacy 5001 Mahoning Ave NW, Warren, OH 44483
  • Joshua R. Conkey, RPH 5001 Mahoning Ave NW, Warren, OH 44483, United States
  • Brad P. Vaughn, RPh 5001 Mahoning Avenue North West, Warren, OH 44483, 5001 Mahoning Ave NW, Warren, OH 44483

Frequently Asked Questions

What type of property is this?
Drug store - Freestanding former Rite Aid with substantial street frontage at a signalized intersection, offered for sale or lease.
Where is this drug store located?
The property is located at 5001 Mahoning Ave Nw Warren, OH.
What are key features of this property?
This property features: Freestanding 11,233 SF former Rite Aid building available for sale or lease; Signalized intersection location with 2809 frontage on Champion Ave and 1789 frontage on Mahoning Ave; C Commercial District zoning
(216) 577-1517 Call to check price and availability
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