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5340 Youngstown Warren Rd Terrain commercial | À louer | 0,29 ha | Niles, OH 44446
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INFORMATIONS PRINCIPALES
- 0.72 Acre Parcel (31,363 Square Feet) with over 100 feet of frontage on primary road
- Located Directly Across from Eastwood Mall, Surrounded by National Anchors including Target, Mejer, Sam's Club, Lowe's, Macy's, Best Buy, and more
- Strong Demographics with 84,493 Residents and 90,098 Daytime Population with Average Household Income of +/-$69,125 (5-Mile)
- 13,874 VPD Traffic Count with +/- 105 feet of Frontage and Visibility on Youngstown Warren Rd and 1-Mi from Niles Cortland Rd SE(18,368 VPD)
- The current structure is undergoing demolition at the owner's cost
- Zoned B-1, Highway Commercial Zoning with Permitted Uses including Drive-Thru Restaurant, Gas Station, Grocery, Bank, Retail, and more
LOT DISPONIBLE
Afficher les loyers en
| Loyer |
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Surface du lot | 0,29 ha |
| Durée du bail | 10 Ans |
| Loyer | |
| Durée du bail | 10 Ans |
| Surface du lot | 0,29 ha |
The current structure is undergoing demolition at the owner's cost 0.72 Acre Parcel / 31,363 Square Feet $95,000 ground lease option, 10-year term with flexible renewal terms 13,874 VPD Traffic Counts with +/- 105 feet of Frontage and Visibility on Youngstown Warren Rd and 1-Mi from Niles Cortland Rd SE (18,368 VPD) Located Directly Across from Eastwood Mall, Surrounded by National Anchors including Target, Meijer, Sam’s Club, Lowe’s, Macy’s, Best Buy, and more Surrounded by Major QSR and Casual Dining including Chick-fil-A, Starbucks, Olive Garden, Panera, Red Lobster, Firebirds, and Texas Roadhouse – Ideal for Retail Pad Development Strong Demographics with 84,493 Residents and 90,098 Daytime Population with Average Household Income of ±$69,125 (5-Mile) Zoned B-1, Highway Commercial Zoning with Permitted Uses including Drive-Thru Restaurant, Gas Station, Grocery, Bank, Retail, and more
APERÇU DU BIEN
Prime Ground Lease Opportunity: 5340 Youngstown Warren Road, Niles, Ohio Discover a premier development site available for ground lease on a strategically positioned ±0.72-acre (31,363 Square Feet) parcel in Niles, Ohio. The current structure is undergoing demolition at the owner's cost, delivering a clean slate ready for your vision. This offering features a competitive ground lease structure with an annual rent of $95,000, an initial 10-year term, and flexible renewal options to support long-term business growth. Ideally situated directly opposite the renowned Eastwood Mall—a expansive super-regional shopping destination spanning over 3 million square feet of retail, dining, entertainment, and attractions, including a professional baseball stadium—this property benefits from unparalleled visibility and foot traffic in one of Northeast Ohio's top commercial hubs. Boasting approximately 107 feet of prime frontage along Youngstown Warren Road, a key arterial thoroughfare with an average daily vehicle count of ±13,874, the site ensures maximum exposure. The Property offers excellent accessibility, it also enjoys proximity to Niles Cortland Road SE, which carries an additional ±18,368 vehicles per day, facilitating effortless connectivity to the broader region. This makes it an exceptional choice for quick-service restaurants (QSRs), retail concepts, or other high-traffic commercial ventures. Surrounded by a robust lineup of national anchors such as Target, Meijer, Sam’s Club, Best Buy, Chick-fil-A, Starbucks, and Olive Garden, the location fosters strong synergistic tenancy and draws consistent consumer volumes. Zoned B-1 Highway Commercial, the property accommodates a diverse array of permitted uses, including QSRs, convenience stores, automotive retail, hospitality (e.g., hotels), medical facilities, and more. With adaptable site configurations and ample on-site parking, it caters seamlessly to tenants, developers, or investors seeking to capitalize on retail, service-oriented, or redevelopment opportunities. Nestled in the Youngstown–Warren Metropolitan Statistical Area, approximately 60 miles southeast of Cleveland, Niles serves as a vibrant regional retail epicenter, home to Eastwood Mall and the headquarters of the Cafaro Company. The trade area within a 5-mile radius supports a population of ±84,493 residents with an average household income surpassing ±$69,000, creating a solid foundation for sustained business success and profitability. This ground lease presents a turnkey platform for establishing or expanding your operations in a thriving market—contact us today to explore this exceptional opportunity.
INFORMATIONS SUR L’IMMEUBLE
Présenté par
5340 Youngstown Warren Rd
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