This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

Oakmont Plaza 16761 Saint Clair Ave

19,381 SF 100% Leased Retail Building East Liverpool, OH 43920 £1,134,553 (£59/SF) 10.11% Net Initial Yield

Executive Summary

Discover the Oakmont Shopping Center, a prime commercial space located at 16761 St Clair Ave, East Liverpool, OH 43920. This impressive property boasts a total of 19,381 sq ft and comprises 9 fully occupied units, making it an excellent opportunity for steady rental income. The center's current occupancy indicates a thriving business environment, while its potential for value add opens doors for further investment and growth. Whether you're looking to expand your portfolio or seeking a strategic investment in a vibrant community, the Oakmont Shopping Center is a must-see.

Financial Summary (Pro forma - 2024)

Annual Annual Per SF
Gross Rental Income £147,679 £7.62
Other Income - -
Vacancy Loss £6,651 £0.34
Effective Gross Income £141,028 £7.28
Taxes £15,180 £0.78
Operating Expenses £11,181 £0.58
Total Expenses £26,361 £1.36
Net Operating Income £114,667 £5.92

Financial Summary (Pro forma - 2024)

Gross Rental Income
Annual £147,679
Annual Per SF £7.62
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual £6,651
Annual Per SF £0.34
Effective Gross Income
Annual £141,028
Annual Per SF £7.28
Taxes
Annual £15,180
Annual Per SF £0.78
Operating Expenses
Annual £11,181
Annual Per SF £0.58
Total Expenses
Annual £26,361
Annual Per SF £1.36
Net Operating Income
Annual £114,667
Annual Per SF £5.92

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
19,381 SF
Building Class
B
Year Built
1991
Price
£1,134,553
Price Per SF
£59
Net Initial Yield
10.11%
NOI
£114,667
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.10
Land Acres
4.33 AC
Zoning
C-3
Parking
91 Spaces (4.35 Spaces per 1,000 SF Leased)
Frontage
606 ft on Bloomfield Ave

Amenities

  • Corner Lot
  • Pylon Sign
  • Signage
  • Tenant Controlled HVAC
  • Air Conditioning

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Accommodation and Food Services
  • 1,500 SF
  • £10.43
  • Modified Gross
  • Jul 2037

Papa Johns secret to success is much like the secret to making a better pizza - the more one puts into it, the more one gets out of it. Their pizza family is as hungry for perfection today as they were when they first opened their doors years ago. And they're driven to be the best at making innovative new products and recipes. They don’t use cheap and more processed ingredients. Whether it's their signature sauce, toppings, their original fresh dough, or even the box itself, they invest in their ingredients to ensure that they always give the finest quality pizza.

Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Accommodation and Food Services 1,500 SF £10.43 Modified Gross Jul 2037

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
6101550000
Land Assessment
£40,969 (2023)
Improvements Assessment
£249,844 (2023)
Total Assessment
£290,813 (2023)
Annual Taxes
£15,180 (£0.78/sf)
Tax Year
2024
  • Listing ID: 33876048

  • Date on Market: 14/11/2024

  • Last Updated:

  • Address: 16761 Saint Clair Ave, East Liverpool, OH 43920

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}