Current Use by Public Records
- Retail properties & Spaces
Property Details for 856 Youngstown-Poland Rd
- Property type
- Retail properties & Spaces
- Property subtype
- Drug stores
Description
This exceptional investment opportunity presents a 3,040-square-foot retail pharmacy located at 856 Youngstown-Poland Rd, Struthers, OH 44471, in Mahoning County. The property is currently under a 5-year net lease (NN+) with 5 years remaining, offering a strong and stable income stream. The asking price is $330,000, translating to a compelling price per square foot of $108.55 and a 10.00% capitalization rate. The current Net Operating Income (NOI) stands at $33,000, with a monthly rent of $2750 plus increases in taxes and insurance above the current amounts. The tenant provides a personal guarantee, adding further security to this investment. The property is zoned for commercial use and boasts a prime location on a busy street, ensuring high visibility and accessibility. The property's APN is 38-015-0-352.00-0. This Class B property represents a rare chance to acquire a stable, high-return investment in a desirable location. The sale is offered directly by the owner.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Struthers
- County
- Mahoning
- State
- Ohio
- Longitude
- -80.6157
- Latitude
- 41.0481
