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Take 5 Oil Change 3570 Belmont Ave

1,573 SF Retail Building Youngstown, OH 44505 £1,126,728 (£716/SF) 6.25% Net Initial Yield

Investment Highlights

  • Long-Term, 20-Year Absolute Triple Net (NNN) Sale-Leaseback
  • Attractive Rental Increases | 1.50% Annually Starting Year 2
  • Corporate Guarantee from Driven Funding Holdco, LLC (3,500+ Units)

Executive Summary

NNN Pro is pleased to present the exclusive listing for a Take 5 Oil Change located at 3570 Belmont Ave in Youngstown, OH. The site consists of roughly 1,573 rentable square feet of building space on estimated 0.36-acre parcel of land. This Take 5 Oil Change is subject to a 20-year absolute triple-net (NNN) lease, commencing at the close of escrow. The current annual rent is $90,000 and is scheduled to increase by 1.50% annually and in each of the 4, 5-year renewal options.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
1,573 SF
Building Class
C
Year Built
2024
Price
£1,126,728
Price Per SF
£716
Net Initial Yield
6.25%
NOI
£70,421
Tenancy
Single
Number of Floors
1
Building FAR
0.10
Lot Size
0.36 AC
Frontage
36 ft on Belmont Ave

Amenities

  • Signage
1 of 1
3570 Belmont Ave, Youngstown, OH - aerial map view

Nearby Major Retailers

Rent-A-Center
Bob Evans Restaurants
Denny's
Starbucks
ALDI
KeyBank
Citizens Bank
PNC Bank
Chase Bank

PROPERTY TAXES

Parcel Number 12-703860 Improvements Assessment £19,147
Land Assessment £23,114 Total Assessment £42,260

PROPERTY TAXES

Parcel Number
12-703860
Land Assessment
£23,114
Improvements Assessment
£19,147
Total Assessment
£42,260
(332) 345-4222

Contacts

  • Listing ID: 31378616

  • Date on Market: 01/04/2024

  • Last Updated:

  • Address: 3570 Belmont Ave, Youngstown, OH 44505

The Retail Property at 3570 Belmont Ave, Youngstown, OH 44505 is currently available for sale. Contact NNN Pro Group for more information.

Retail PROPERTIES IN NEARBY NEIGHBOURHOODS

Nearby Listings

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3570 Belmont Ave, Youngstown, OH for sale Building Photo- Image 1 of 3
Take5_rep
3570 Belmont Ave, Youngstown, OH for sale Aerial- Image 2 of 3
Take5_3570BelmontAve_YoungstownOH_aerial

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© 2024 CoStar Group

Take 5 Oil Change | 3570 Belmont Ave
(332) 345-4222 x

Take 5 Oil Change | 3570 Belmont Ave

1/5

Glen Kunofsky

(332) 345-4222

(332) 345-4222

Edward Otocka

(203) 253-9455

(203) 253-9455

Amelia Haydock

(332) 345-2408

(332) 345-2408

Francis Purritano

(332) 345-4311

(332) 345-4311

Gordon Pollock

(332) 345-7294

(332) 345-7294

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