4100 Belmont Ave Youngstown, OH 44505
Property Lookup
Property profile & analytics
4100 Belmont Ave Youngstown, OH 44505
- Drive through restaurants
- 2,299 SF
- 0.62 lot acres
Property ID
US66-1469432
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Chipotle Mexican Grill / Restaurant
Property Details for 4100 Belmont Ave
- Year built
- 2022
- Lot size
- 0.62 lot acres
- Property size
- 2,299 SF
- Property type
- Drive through restaurants
- APN
- 12-700100
- APU
- 12700100
Description
Offered for sale is a fee-simple interest in a 2,325 square foot, single-tenant retail building occupied by a Chipotle Mexican Grill restaurant. Located in Youngstown, Ohio, at a high-traffic Interstate 80 exit, this property boasts a prime location adjacent to a Starbucks and near a Marriott. The building, constructed in 2022, features a drive-thru, indoor seating, and an outdoor patio. The property includes a 0.615-acre lot and benefits from a Net Lease (NN+) agreement with a corporate guarantee from Chipotle Mexican Grill, Inc. (NYSE: CMG). The lease has approximately 8.1 years remaining, with 10% rent increases every five years. The tenant is responsible for all property maintenance, including parking lot upkeep, landscaping, and snow removal, making this a truly hands-off investment. A transferable roof warranty adds further value. The property's strong location within a thriving retail and transportation hub, coupled with the financial strength of the tenant and the long-term lease, presents a compelling investment opportunity. The Youngstown-Warren MSA, with over 540,000 residents, offers a substantial market. The area benefits from proximity to major transportation routes, allowing overnight shipping to major East Coast and Midwest cities. Recent economic growth, fueled by the Utica and Marcellus Shale formations, has further enhanced the region's business environment. The presence of higher education institutions and major employers like General Motors and Covelli Enterprises contributes to a stable and growing local economy. This investment offers a 5.70% cap rate and a Net Operating Income (NOI) of $120,900, based on an asking price of $2,121,000.
Value Estimations
based on Realmo’s proprietary methodology
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Youngstown
- County
- Trumbull
- State
- Ohio
- Longitude
- -80.6655
- Latitude
- 41.1568
- CBSA code
- 49660
- CBSA name
- YOUNGSTOWN-WARREN-BOARDMAN, OH-PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$17,261
$75,110
$168,560
$243,670
-
$214,600
$481,600
$696,200
