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11734-11740 South Ave
North Lima, OH 44452 Outer Canfield/Poland

$2,340,000 USD

General Retail For Sale  •  23,541 SF

Property Details

  • Property Type General Retail
  • Total Building Size 23,616 SF
  • Lot Size 2.63 AC
  • Building Class B
  • Year Built 1980
  • Cap Rate 7.50 %
  • Tenancy Multiple
  • Zoning G-C
0 Transit Score
20 Walk Score

Highlights

Value-Add Opportunity: Significantly Below Market Rents on One Anchor Tenant in Approximately 50% of Center with No Renewal Options Remaining
100% Occupied, Credit Rated Center Anchored by Dollar Tree (NASDAQ: DLTR, Moody’s “Baa2” and S&P “BBB”) at Attractive Low Price Point of $99/S.F.
Successful Tenancy: All Long-Term Tenants Consistently Exercised Renewals & Addl. Potential Major Upside in Converting Modified Gross Leases to NNN
Desirable, Affluent Market: Strategic, High Traffic Location with Average Household Incomes Over $143,000 Within 1-Mile Radius
Located Within Highly Regarded South Range Local School District (Top Ranked School District by U.S News & World Report)
Immaculate Curb Appeal at Signalized Corner Location with Approximately 25,000 Vehicles Per Day and Less than 15 Miles from Downtown Youngstown

Property Flyers

Financial Summary (Actual)

Net Operating Income: $175,517 USD (2026)
Cap Rate: 7.50 %

Major Tenants

Tenant SF Occupied Lease End Date
Dollar Tree Tree (NASDAQ: DLTR, Moody’s “Baa2” and 9,108 SF 9/1/2031
Huntington Bank (Drive-Up ATM) 8/1/2027
Lamar Advertising (Billboard) 3/1/2044
Pizza Joe's 2,800 SF 9/1/2028
Posh Places 11,708 SF 8/1/2031

Amenities

  • Banking
  • Corner Lot
  • Dedicated Turn Lane
  • Pylon Sign
  • Restaurant
  • Signage
  • Signalized Intersection
  • Drive Thru

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 125
Type: Surface
Included in Rent: Yes
Dan Cooper 440-915-7902 Cooper Commercial Investment Group
Dan Cooper 440-915-7902 Cooper Commercial Investment Group