Family Dollar | Crexi Auction
Market Price
2708 Glenwood Ave, Youngstown, OH 44511
41,767
NOI
8,178 sqft
Building Size
Details:
Highlights:
- Long-Term Operating History – Tenant has occupied this location for over 32 years, demonstrating a strong commitment to the site
- Established Lease Structure – Includes one (1) five-year option with a scheduled rental increase, providing future income growth potential
- Prime Signalized Corner Location – Situated at the intersection of Glenwood Ave and W Indianola Ave, offering excellent exposure
- High Visibility and Frontage – Prominent signage and frontage along Glenwood Ave with daily traffic counts exceeding 12,700 vehicles
- Convenient Access and Ample Parking – Multiple points of ingress/egress and generous on-site parking enhance customer accessibility
- Located Along a Revitalizing Corridor - Blocks from newly constructed and in-progress YNDC duplex developments (3013–3031 Glenwood Ave), signaling continued investment and residential growth along Glenwood Avenue.
- Dense Surrounding Population – Over 151,000 residents within a 5-mile radius, supporting consistent retail demand
- Strong National Tenant – Family Dollar operates more than 8,000 locations across 48 states, underscoring brand stability and national presence
Description:
-Ranked 3,933/6,375 in the nation
-Ranked 212/349 in state
-Ranked 14/21 within 15 mile radius
Youngstown is a city in Mahoning County, Ohio, United States, and its county seat. It is the 11th-most populous city in Ohio with a population of 60,068 at the 2020 census, while the Youngstown–Warren metropolitan area has an estimated 430,000 residents. Youngstown is situated on the Mahoning River in Northeast Ohio, roughly midway between Cleveland (60 miles northwest) and Pittsburgh (60 miles southeast).
The city's largest employer is Youngstown State University (YSU), an urban public campus that serves about 15,000 students, just north of downtown. Youngstown is the site of several steel and metalworking operations, though not to the extent of the past. The largest industrial employers within the city limits are Vallourec Star Steel Company, in the Brier Hill district, and Trivium Packaging. Steelite, a British ceramics manufacturer, has its U.S. headquarters based in Youngstown.
Youngstown's downtown is a site of new business growth. The Youngstown Business Incubator (YBI), in the heart of downtown, houses several start-up technology companies that have received office space, furnishings, and access to utilities. Some Incubator-supported companies have earned recognition, and a few are starting to outgrow their current space. Inc. Magazine rated one such company–Turning Technologies–as the fastest-growing privately held software company in the United States and 18th fastest-growing privately held company overall.
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