5501 Mahoning Ave

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5501 Mahoning Ave

Austintown, IA
Asking Price
$3.65M
Asset Type
Retail
Class
Class B

What's Special

5501 Mahoning Avenue is situated in the primary commercial corridor of Austintown, providing high visibility within a high-traffic retail environment. The property is located near the intersection of Mahoning Avenue and State Route 46, ensuring efficient access to Interstate 11 and Interstate 80. The immediate neighborhood is characterized by a mix of national retailers, local service providers, and residential communities, offering a consistent consumer base. Nearby amenities include grocery-anchored shopping centers, casual dining options, and professional offices. This retail asset is suited for high-credit tenants seeking a freestanding location with dedicated parking and a drive-thru capability. The layout and high-volume traffic exposure are ideal for pharmacy, health services, or convenience-oriented retail operations. Typical tenants include national distributors or essential service providers that benefit from corner-site dominance and proximity to dense residential neighborhoods.

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NOI
$80,000
Cap Rate
2.19%
DSCR
0.37
Underwater
Cash-on-Cash
-12.49%
Monthly Payment
$18,073.051
Annual Cash Flow
$-136,876.61

Location & Travel Times