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33608632
33608633

10701 Mahoning Ave, North Jackson, OH 44451

JD
NY 30DE0804140
Hanna Commercial Real Estate Buffalo
Listed by Hanna Commercial Real Estate Buffalo
$1,177,000
21 days on market
Updated 21 days ago

10701 Mahoning Ave (Part of a Portfolio)

Details
Property Type Retail
Sub Type Convenience Store, Storefront
Square Footage 9,026
Cap Rate 8.00%
NOI $94,160
Tenancy Single
Lease Type Absolute NNN
Lease Expiration 06/30/2032
Rent Bumps Yes
Lease Options (4) 5 Year renewal options
Price per SqFt $131
Year Built 2017
Buildings 1
Acreage 1.310
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 06/27/2017

Retail | 8.00% CAP | 9,026 SqFt

Marketing description

North Jackson is an unincorporated community in central Jackson Township, Mahoning County, Ohio. Although it is unincorporated, it has a post office, with the zip code of 44451. It lies along State Route 45 between Salem and Warren. The community is part of the Youngstown-Warren-Boardman, OH-PA Metropolitan Statistical Area.

North Jackson Township has a population of 2,100 and covers 25 square miles. Major arterials in Jackson Township include State Route 45 (north-south), Interstate 76 (east-west), Blue Jay with an interchange connecting the latter two. Another significant arterial is Bailey Road which connects the General Motors Plant, just beyond the northern boundary of the Township. An interchange connecting Bailey Road with Interstate 76 has been provided.

Withing a short drive are large and small shopping malls and plazas, a variety of Universities including Youngstown State University, plenty of night life ranging from the Deyor Performing Arts Center to horse racing and slots at Hollywood Gaming/Mahoning Valley Race Course. Lakes large and small, are only minutes away including Lake Milton State Park, Lake Erie and many others. For plenty of recreational activity there are two parks within the Township (Liberty Park & Jackson Park) and nearby is the 4,400 Acre Mill Creek Metro Parks.

Investment highlights

  • New 2017 Construction- Absolute Triple Net (NNN) Lease - No Landlord Responsibilities
  • Dollar General (NYSE: DG) Recently Upgraded to BBB Credit Rating
  • Corporate Guaranty from Investment Grade Tenant
  • Located Less Than 1 Mile from I-76, Main Thoroughfare with 40k Vehicles Per Day
  • North Jackson Boasts an Average Household Income of $79,994
  • Located Less Than 5 Miles from General Motors Co. Warren, Ohio Facility, Currently employing 3,000 workers and growing
  • Just Outside Youngstown, OH with a Population of More Than 65,000 People
  • *Part of a Portfolio: 4290 Kinsman Rd, Mesopotamio, OH and 12375 Mayfield Rd, Chardon 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
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$94,160.00
$7,846.67/mo

Valuation Metrics

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DSCR
8%
Cap Rate
8%
ROI

Map

Zoning

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B-2 CommercialSpecial CommercialVillage Center District
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Last updated Apr 15, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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