Shopping Strip

Youngstown Plaza

5048 Youngstown-Poland Rd, Youngstown, OH 44514

Listing Price: $893,000

Cap Rate
10.00%
Gross SF
12,000
Rentable SF
12,000
Price/Gross SF
$74.42
Lot Size
0.82 acres
Year Built
1965

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale, Youngstown Plaza located in Youngstown, Ohio. The property is a 100 percent occupied, 12,000-square-foot, eight tenant neighborhood strip center in Youngstown, Ohio. Youngstown Plaza is being offered for $893,000.

Investment Highlights

  • 100 Percent Occupied, 12,000-Square-Foot Eight – Tenant Neighborhood Strip in Youngstown, Ohio
  • Subway Has Occupied 11.67 Percent of Gross Leasable Area for 19 Years
  • 24 Hour Maytag Laundromat (18.33 Percent of Gross Leasable Area) Long Term Tenant Since 2001
  • Dense Infill Middle – Income Location: 116,173 Residents and Average Household Income of $59,458 within a Five-Mile Radius
  • Excellent Signage and Visibility with 55 Plus Parking Spaces
  • Mahoning County's only GLBTQ Center
  • Dense Demographics: 11,131 Residents in One-Mile and 61,687 Residents in Three-Miles, Average Household Income of $53,916 - $57,383

Exclusively Listed By

  • Craig Fuller

    Senior Managing Director Investments

    (216) 264-2043

    Email Craig

    License(s): OH: SAL.2008001551

    Cleveland

  • Erin E. Patton

    Senior Managing Director Investments

    (614) 360-9035

    Email Erin

    License(s): OH: SAL.2004010274

    Columbus

  • Scott Wiles

    Senior Managing Director Investments

    (216) 264-2026

    Email Scott

    License(s): OH: SAL.2005013197

    Cleveland

  • Jared Shapiro

    Associate

    Email Jared

    License(s): OH: SAL.2017005334

    Cleveland

Listing Price: $893,000

Cap Rate
10.00%
Gross SF
12,000
Rentable SF
12,000
Price/Gross SF
$74.42
Lot Size
0.82 acres
Year Built
1965

Investment Highlights

  • 100 Percent Occupied, 12,000-Square-Foot Eight – Tenant Neighborhood Strip in Youngstown, Ohio
  • Subway Has Occupied 11.67 Percent of Gross Leasable Area for 19 Years
  • 24 Hour Maytag Laundromat (18.33 Percent of Gross Leasable Area) Long Term Tenant Since 2001
  • Dense Infill Middle – Income Location: 116,173 Residents and Average Household Income of $59,458 within a Five-Mile Radius
  • Excellent Signage and Visibility with 55 Plus Parking Spaces
  • Mahoning County's only GLBTQ Center
  • Dense Demographics: 11,131 Residents in One-Mile and 61,687 Residents in Three-Miles, Average Household Income of $53,916 - $57,383

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale, Youngstown Plaza located in Youngstown, Ohio. The property is a 100 percent occupied, 12,000-square-foot, eight tenant neighborhood strip center in Youngstown, Ohio. Youngstown Plaza is being offered for $893,000.

Exclusively Listed By

  • Craig Fuller

    Senior Managing Director Investments

    (216) 264-2043

    Email Craig

    License(s): OH: SAL.2008001551

    Cleveland

  • Erin E. Patton

    Senior Managing Director Investments

    (614) 360-9035

    Email Erin

    License(s): OH: SAL.2004010274

    Columbus

  • Scott Wiles

    Senior Managing Director Investments

    (216) 264-2026

    Email Scott

    License(s): OH: SAL.2005013197

    Cleveland

  • Jared Shapiro

    Associate

    Email Jared

    License(s): OH: SAL.2017005334

    Cleveland

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