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Freestanding Drug Store Building
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5001 Mahoning Ave Nw, Warren, OH 44483

Former drug store at a signalized intersection with commercial zoning and substantial two-street frontage.

Space Size11,233 SF
Days on Market199

Property Features for 5001 Mahoning Ave Nw

General Information

Standard status Active
Size 11,233 SF
Property subtype RETAIL

Spaces For Lease

at 5001 Mahoning Ave Nw
5001 Mahoning Ave Nw AVAILABLE, Now
Floor Bldg
Size 11,233 SF
Type RETAIL
Rate Contact for pricing
Sublease No
- Freestanding 11,233 SF former Rite Aid available for sale & for lease - The property is located at a signalized intersection with 280’ of frontage along Champion Ave and 178’ of frontage along Mahoning Ave Zoning: C Commercial District - Average household incomes of $74,903 within a 20 minute drive radius - Combined traffic counts of 12,129 VPD at the intersection of Champion Ave and Mahoning Ave (Source: ODOT TIMS) - The site is located less than a mile from Kent State’s Trumbull Campus with over 2,200 student enrolled - Nearby retailers include O’Reilly Auto Parts, Dunkin’, Big Lots, McDonald’s, Burger King, Ace Hardware, and 1 mile from R82 access
Contact us
Listing Agency: CBRE | Cleveland
Listed By: Kevin Moss · License #SAL.2015001299
Source: Moodyscre
Added: Mar 30 Changed: Oct 2 Last Checked: Oct 12 at 10:47PM

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.

The freestanding former Rite Aid building contains 11,233 square feet and is positioned for continued retail or drug-store use. The property carries C Commercial District zoning and offers access from two prominent roadways, with 280 feet along Champion Ave and 178 feet along Mahoning Ave.

The site occupies a signalized intersection where Champion Ave meets Mahoning Ave, generating combined traffic counts of 12,129 VPD. Kent State’s Trumbull Campus is less than one mile away and enrolls more than 2,200 students. The surrounding retail mix includes O’Reilly Auto Parts, Dunkin’, Big Lots, McDonald’s, Burger King, and Ace Hardware, with access to R82 located 1 mile from the property.

Key Highlights

  • 11,233 SF freestanding former Rite Aid building
  • 280’ of frontage along Champion Ave
  • 178’ of frontage along Mahoning Ave

Property Analytics

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Open Analytics

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

NNN (Triple Net)
Lease Type

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 - Former drug store at a signalized intersection with commercial zoning and substantial two-street frontage.
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: 11,233 SF freestanding former Rite Aid building; 280’ of frontage along Champion Ave; 178’ of frontage along Mahoning Ave
(216) 577-1517 Call to check price and availability
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