Investment Overview

Marcus & Millichap is pleased to present this FleetPride located off Interstate 680 on Woodland Avenue in Youngstown, Ohio. The subject property is an 18,089-square-foot facility sitting on 0.69 acres. There are over two years of lease term remaining, and the lease has one, five-year option to renew with a 10 percent rent increase. Headquartered in Irving, Texas, FleetPride is the nation’s largest distributor of truck and trailer parts and service in the independent heavy-duty aftermarket. The company carries a wide array of parts, including brakes, drums, engine systems, electrical, axel, wheel end, and drivetrain, and offers over 145,000 SKUs across 490 brands and 320 product categories, including its own private label offering. FleetPride operates under three segments: Branch, National Accounts, and Wholesale. The Youngstown metro is situated in the Mahoning Valley, spanning portions of eastern Ohio and western Pennsylvania. The metro consists of Mahoning, Trumbull and Mercer counties and is a midpoint between Cleveland and Pittsburgh. Youngstown and the city of Warren, combined, account for over 100,000 citizens. The Lordstown Assembly Plant, which previously underwent enhancements with assistance from General Motors, was sold in 2022 to Foxconn. The Taiwanese company will manufacture Lordstown’s Endurance pickup truck and take on hundreds of the automaker’s employees.