5228 Mahoning Ave Youngstown, OH 44515-1806
Property Lookup
Property profile & analytics
5228 Mahoning Ave Youngstown, OH 44515-1806
- Drive through restaurants
- 1,008 SF
- 0.55 lot acres
Property ID
US66-3622301
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
- Starbucks / Cafe & Coffee Shop
Property Details for 5228 Mahoning Ave
- Year built
- 2022
- Lot size
- 0.55 lot acres
- Property size
- 1,008 SF
- Property type
- Drive through restaurants
- APN
- 48-028-0-099.00-0
- APU
- 480280099000
Description
This exceptional investment opportunity presents a fee-simple, single-tenant Starbucks located at 5228 Mahoning Ave, Austintown, OH 44515. The property boasts a 1,000 square foot building constructed in 2022, operating as a drive-thru only location, reflecting the latest QSR coffee retail prototype. This prime retail space is situated on a 0.55-acre lot with excellent visibility and frontage on Mahoning Ave, a major east-west commuter artery with 24,689 vehicles per day. The property benefits from a shared signalized entrance/exit, providing virtually direct access. It's strategically positioned as an outparcel to a Giant Eagle grocery store, leveraging the high traffic generated by this established anchor tenant. The property enjoys a 100% occupancy rate with a strong, credit-rated tenant, Starbucks Corporation (NYSE: SBUX), under a double-net lease with minimal landlord responsibilities (roof/structure only). The current lease, expiring February 28, 2033, includes four, five-year options with a 10% rent increase in March 2028 and subsequent options. The current annual net operating income (NOI) is $99,000, resulting in a 5.25% cap rate. The asking price is $1,886,000, translating to $1,886 per square foot. The property is located just 0.15 miles from Route 11 exit ramps (30,928 vehicles per day), further enhancing its accessibility and visibility. The surrounding area features a robust mix of retail and restaurant establishments, including well-known national brands. The location benefits from a dense population base, with 40,983 residents within a 3-mile radius and 82,058 within a 5-mile radius. Austintown, a large suburb of Youngstown, boasts highly-rated public schools. This is a rare opportunity to acquire a high-performing, low-risk investment in a prime location within the Youngstown MSA, a market with a population of 430,000 and numerous major employers.
Value Estimations
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Youngstown
- County
- Mahoning
- State
- Ohio
- Longitude
- -80.7574
- Latitude
- 41.0999
- 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
$12,322
$84,000
$100,330
$184,330
-
$240,000
$286,660
$526,660
