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33608312
33608310

4290 Kinsman Rd, Mesopotamia, OH 44439

JD
NY 30DE0804140
Hanna Commercial Real Estate Buffalo
Listed by Hanna Commercial Real Estate Buffalo
$1,170,000
16 days on market
Updated 16 days ago

4290 Kinsman Rd (Part of a Portfolio)

Details
Property Type Retail
Sub Type Storefront
Square Footage 9,100
Cap Rate 8.00%
NOI $93,624
Tenancy Single
Lease Type Absolute NNN
Lease Expiration 02/29/2032
Rent Bumps Yes
Lease Options (4) 5 Year Options
Price per SqFt $129
Year Built 2017
Acreage 1.692
Investment Type Net Lease
Tenant Credit Credit Rated
Lease Commencement 02/14/2017

Retail | 8.00% CAP | 9,100 SqFt

Marketing description

Mesopotamia Township is one of the twenty-four townships of Trumbull County, Ohio with a population of 3,012 in 2025. Trumbull County is a part of the Youngstown-Warren-Broadman, OH-PA Metropolitan Statistical Area with a population of 423,678 in 2025. This area also has a strong commuter interchange with Cleveland and Pittsburgh and their metropolitan areas. It is located at the great manufacturing center of the United States, which stretches from Minneapolis in the west to Johnstown and Altoona in the east.

The center of the Mesopotamia, better known as the "Commons", is surrounded by 28 buildings, 21 of them built before the Civil War and included on the National Register of Historic Places. Trumbull county is home to The End of the Commons General Store, which has been in continuous operation since the 1840s, sits at the south end of the town's center.

Today this area is part of the fourth largest Amish settlement in the country and the second largest in Ohio. Here among the tidy farms and whitewashed houses that dot the countryside in rural northwest Trumbull County, this close-knit community makes a living by farming, working in wood or operating a small unique specialty shop. Across from the General Store on the east side of the Commons sits the world's largest Amish horse and buggy sculpture.

Investment highlights

  • New 2017 Construction - Absolute Triple Net (NNN) Lease - No Landlord Responsibilities
  • Dollar General (NYSE: DG) BBB Credit Rating
  • Corporate Guaranty From Investment Grade Tenant
  • (4) Five Year Options to Extend with 10% Rent Increases at Each Option
  • Located Just One Hour Outside of Downtown Cleveland
  • Nearby Tenants Include U.S. Post Office, Ends of the Commons General Store, Kuhns Manufacturing, Mesopotamia Filling Station and the Mespo Expo Center (Home of the "Night at the Races" and "Craft Show")
  • *Part of a Portfolio: 12375 Mayfield Rd, Chardon and 10701 Mahoning Ave, North Jackson also available

Listing Contacts

JD
NY 30DE0804140
Hanna Commercial Real Estate Buffalo
Listed by Hanna Commercial Real Estate Buffalo

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$93,623.88
$7,801.99/mo

Valuation Metrics

0
DSCR
8%
Cap Rate
8%
ROI

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