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31777282
31777281

313 South State Street, Girard, OH 44420 For Sale

MA
NY 10401294046
SURMOUNT
FP
NY 10401333619
SURMOUNT
GK
NY 49KU1129178
SURMOUNT
WB
NY 10401399346
SURMOUNT
CM
SURMOUNT
Listed by SURMOUNT
$3,858,257
93 days on market
Updated 82 days ago

Hot Dog Shoppe

Details
Property Type Retail
Sub Type Restaurant
Square Footage 4,408
Cap Rate 7.00%
NOI $270,078
Tenancy Single
Lease Term 20
Lease Expiration 03/31/2041
Remaining Term 15
Year Built 1993
Acreage 1.140
Tenant Credit Corporate Guarantee
Lease Commencement 04/01/2021
Ground Lease No
Ownership Fee Simple

About This Property for Sale

Marketing description

Surmount is pleased to present the exclusive listing for a Hot Dog Shoppe located at 313 South State Street, Girard, OH 44420. The property consists of approximately 4,408 rentable square feet situated on a 1.14-acre parcel and is strategically positioned along South State Street, a primary commercial corridor within the market. The site benefits from strong visibility and accessibility with traffic counts of approximately 14,750 vehicles per day, as well as close proximity to Interstate 80, providing direct connectivity to the greater Youngstown metropolitan area and surrounding regional markets. The asset is secured by a 20-year Triple Net (NNN) lease that commenced April 1, 2021, featuring an annual rent of $270,078 with 1.50% annual increases, offering steady income growth over the lease term.

Investment highlights

  • High Visibility Signalized Retail Corridor Location | Strategically positioned along South State Street with traffic counts of approximately 14,750 vehicles per day, the property benefits from excellent street frontage, strong visibility, and convenient access for both northbound and southbound traffic. The site’s placement along this primary corridor enhances long-term real estate value and ensures consistent daily exposure to commuters and local residents.
  • Proximity To Interstate 80 & Regional Traffic Drivers | Located just minutes from Interstate 80, a major east-west highway which has over 45,000 vehicles per day, the property benefits from strong connectivity to Youngstown, Cleveland, and Pittsburgh. This proximity allows the site to capture both local and passthrough traffic, increasing its overall exposure and accessibility within the broader Northeast Ohio market.
  • Nearby Schools & Community Anchors Driving Daily Traffic | Located near Girard Junior/Senior High School, which serves approximately 670 students, along with additional elementary and middle schools in the surrounding area. These educational institutions contribute to consistent daily traffic patterns from students, faculty, and families, supporting long-term, community-driven demand.
  • Proximity To Major Employers & Industrial Workforce | The site benefits from its proximity to major employers including Vallourec Star (V&M Star), TMS International, and HMS Manufacturing, which collectively employ thousands of workers. These employment centers generate a strong daytime population and provide a consistent customer base for nearby retail and dining establishments.

Listing Contacts

MA
NY 10401294046
SURMOUNT
FP
NY 10401333619
SURMOUNT
GK
NY 49KU1129178
SURMOUNT
WB
NY 10401399346
SURMOUNT
CM
SURMOUNT
Listed by SURMOUNT

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$270,078.00
$22,506.50/mo

Valuation Metrics

0
DSCR
7%
Cap Rate
7%
ROI

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Additional Information

Name
Brian Brockman
License
BRK.2009000214
Brokerage
Bang Realty, Inc
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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