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Property profile & analytics
OFF-MARKET
Office buildings

3570 Belmont Ave Youngstown, OH 44505-1438

1,384 SF 0.39 ac lot Built 1978
Entity Owned 1-yr Hold Free & Clear
Property ID
US66-1697678
Property summary
AI-generated overview

This exceptional investment opportunity presents a 1,573 square foot Take 5 Oil Change located at 3570 Belmont Ave, Youngstown, OH, in Trumbull County. The property sits on a 0.36-acre lot and boasts a strong 6.25% cap rate, generating a net operating income (NOI) of $90,000 annually. Built in 2024, this single-tenant retail property is operating at 100% occupancy under a 20-year absolute triple-net (NNN) lease. The lease includes a corporate guarantee from Driven Funding Holdco, LLC, providing significant financial security. Rent is $90,000 per year, with a 1.5% annual increase starting in year two and four (4), five (5)-year tenant renewal options. The asking price is $1,440,000, translating to a price per square foot of $915.45. This is a compelling investment opportunity due to the long-term lease, strong tenant, and attractive financial metrics. The property's location in Youngstown, Ohio, offers excellent visibility and accessibility. This NNN lease structure shifts most operating expenses to the tenant, minimizing landlord responsibilities and maximizing passive income potential. The combination of a secure lease, proven tenant, and favorable financial terms makes this a highly desirable investment.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1978
Total area 1,384 SF
Lot 0.39 ac (16,988 SF)
APN 12-703860
UPID US66-1697678
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Take 5 Oil Change Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Fcpt Holdings LLC · 1 yrs held
Fcpt Holdings LLC
since 2024
Last sale
$1.3M
7 recorded transactions
2024
Price N/A
2024
$1.3M
2023
Price N/A
2023
$275,000
2017
Price N/A
2011
$125,000
2011
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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