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Home Depot Backed NNN Lease 3825 Belmont Ave

38,500 SF 100% Leased Industrial Building Youngstown, OH 44505 $3,750,000 ($97/SF)

Investment Highlights

  • NNN Lease backed by Home Depot
  • 3% annual rent bumps
  • 100% Leased Investment Property

Executive Summary

Home Depot (NYSE: HD) backed NNN Lease
100% leased investment property - Leased to Temco Logistics, home goods deliverer/installer since 1968, acquired by Home Depot 6/2023
Lease expires 2028 with 3% rent bumps every year
38,500 SF +/- with 3,300 SF office on 2.8 acres with 3 overhead doors & 4 interior dock doors

Property Facts

Price $3,750,000
Price Per SF $97
Sale Type Investment NNN
Property Type Industrial
Property Subtype Warehouse
Building Class B
Lot Size 2.80 AC
Rentable Building Area 38,500 SF
No. Stories 1
Year Built 1966
Parking Ratio 1.3/1,000 SF
No. Dock-High Doors/Loading 4
No. Drive In / Grade-Level Doors 3

Amenities

  • 24 Hour Access
  • Fenced Lot
  • Air Conditioning

Utilities

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

MAJOR TENANTS Click Here to Access

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Temco
  • -
  • 99,999 SF
  • -
  • Lorem Ipsum
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Temco - 99,999 SF - Lorem Ipsum -

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 12-733404
  • 12-733403
  • 12-733402
  • 12-733405
  • 12-733400
Land Assessment
$80,820
Improvements Assessment
$137,270
Total Assessment
$218,090
  • Listing ID: 28763081

  • Date on Market: 6/15/2023

  • Last Updated:

  • Address: 3825 Belmont Ave, Youngstown, OH 44505

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