For Sale
$330,000

856 Youngstown-Poland Rd Struthers, OH 44471

High-yield, net-leased pharmacy in Ohio.

Overview

Added:
Dec 11, 2024
Days on market:
136
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.

Highlights

  • $330,000 asking price for a 3,040 SF retail property.
  • Net lease investment opportunity with a 10% cap rate and $33,000 annual NOI.
  • 5-year remaining lease term (NN+) with a personal guarantee.
  • Located at 856 Youngstown-Poland Rd, Struthers, OH 44471, in a high-traffic area.
  • Property is a Class B, 3,040 SF pharmacy/drug store.
  • Price per square foot is $108.55.

Property Details for 856 Youngstown-Poland Rd

Property type
Retail properties, Drug stores
Square Feet
3,040 SF
Class
B

Location Insight

City
Struthers
County
Mahoning
State
Ohio
Latitude
41.048139871796
Longitude
-80.615723519623

FAQs

What type of property is this?
Retail property - High-yield, net-leased pharmacy in Ohio.
Where is the retail property located?
The property is located at 856 Youngstown-Poland Rd Struthers, OH.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: $330,000 asking price for a 3,040 SF retail property.; Net lease investment opportunity with a 10% cap rate and $33,000 annual NOI.; 5-year remaining lease term (NN+) with a personal guarantee.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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856 Youngstown-Poland Rd
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