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Bank

PNC Bank (Dark)

151 S Meridian Rd, Youngstown, OH 44509

Listing Price: $1,000,000

Tenant Name
PNC Bank
Years Remaining On Lease
2.7
Guarantor
Corporate Guarantee
Rentable SF
2,309
Lease Type
Absolute Net
Rent Per Square Feet
$38.95

Investment Overview

Operating as PNC Bank location since the year 2000, this branch's last day of operation is April 21,2023. The property consists of 2,309 square feet on a 0.76 acre lot on S Meridian Rd in Youngstown, OH. PNC is obligated to pay rent until their lease expiration on 1/31/2026. Youngstown, OH is the largest city and county seat of Mahoning County. According to the 2020 census, the city has a population of 60,068, ranking it as the 11th largest city in Ohio. It serves as a principal city of the Youngstown-Warren metropolitan area, which had a population of 541,243 in 2020. This makes it the seventh-largest metro area in Ohio and the 107th-largest metro area in the United States. Situated on the Mahoning River, Youngstown is located 58 miles southeast of Cleveland and 61 miles northwest of Pittsburgh. It is a part of the Northeast Ohio region and has its own media market. Additionally, the city is conveniently located midway between Chicago and New York City via Interstate 80.

Investment Highlights

  • Backfill or Redevelopment/Value-Add Potential Remaining Cash Flow Freestanding Building Drive-Thru
  • Pylon Signage Corporate Guaranteed
  • Dense Population Additional Income from Billboard

Exclusively Listed By

Broker of Record

  • Michael L. Glass

    Senior Vice President / Division Manager

    (614) 360-9800

    License(s) OH: BRK.2007005898

    Ohio

Listing Price: $1,000,000

Tenant Name
PNC Bank
Years Remaining On Lease
2.7
Guarantor
Corporate Guarantee
Rentable SF
2,309
Lease Type
Absolute Net
Rent Per Square Feet
$38.95

Investment Highlights

  • Backfill or Redevelopment/Value-Add Potential Remaining Cash Flow Freestanding Building Drive-Thru
  • Pylon Signage Corporate Guaranteed
  • Dense Population Additional Income from Billboard

Investment Overview

Operating as PNC Bank location since the year 2000, this branch's last day of operation is April 21,2023. The property consists of 2,309 square feet on a 0.76 acre lot on S Meridian Rd in Youngstown, OH. PNC is obligated to pay rent until their lease expiration on 1/31/2026. Youngstown, OH is the largest city and county seat of Mahoning County. According to the 2020 census, the city has a population of 60,068, ranking it as the 11th largest city in Ohio. It serves as a principal city of the Youngstown-Warren metropolitan area, which had a population of 541,243 in 2020. This makes it the seventh-largest metro area in Ohio and the 107th-largest metro area in the United States. Situated on the Mahoning River, Youngstown is located 58 miles southeast of Cleveland and 61 miles northwest of Pittsburgh. It is a part of the Northeast Ohio region and has its own media market. Additionally, the city is conveniently located midway between Chicago and New York City via Interstate 80.

Exclusively Listed By

Broker of Record

  • Michael L. Glass

    Senior Vice President / Division Manager

    (614) 360-9800

    License(s): OH: BRK.2007005898

    Ohio

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