2000 canfield road - loopnet€¦ · 2000 canfield road 2000 canfield road youngstown, oh 44511...
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2000 CANFIELDROAD2000 CANFIELD ROADYOUNGSTOWN, OH 44511
Doug WilsonManaging [email protected]
SVN | WILSON COMMERCIAL GROUP, LLC | EASTON TOWN CENTER, 4200 REGENT STREET, SUITE 200, COLUMBUS , OH 43219 OFFERING MEMORANDUM
PROPERTY INFORMATION 3Property SummaryPortfolio Overview
LOCATION INFORMATION 6Regional MapLocation MapsAerial Map
DEMOGRAPHICS 10Demographics ReportDemographics Map
ADVISOR BIOS 13Advisor Bio & Contact 1Back Page
OFFERING MEMORANDUM2000 CANFIELD ROAD | 2000 CANFIELD ROAD, YOUNGSTOWN, OH 44511
1 PROPERTYINFORMATION
2000 Canfield RoadYoungstown, OH 44511
2000 CANFIELD ROAD YOUNGSTOWN, OH 44511 SVN | Wilson Commercial Group, LLC | Page 3
OFFERING SUMMARY
Sale Price: $650,000
Cap Rate: 10.0%
NOI: $65,000
Building Size: 7,500 SF
Price / SF: $86.67
THIS IS A CONFIDENTIAL OFFERING. OPERATORS AND EMPLOYEES AT THESE PROPERTIES DO NOT KNOWTHESE PROPERTIES AREFOR SALE. PLEASE DO NOT ENGAGE ANYONE ON THE PREMISES ATTHE SUBJECT BUSINESSES AND LOCATIONS.
10 Cap Rate Retail Strip Center of approximately 7,500 SF. This is part of a larger investment real estate opportunity in theYoungstown area including up to 10 properties. (See next page)
PROPERTY OVERVIEW
PROPERTY HIGHLIGHTS
• A highly sought after product by national market investors
• Excellent location
• Established Operations with increased rents will create market interest
• Traffic Count: 19,000/ day
• Tenant mix includes business and personal services, food, as well as 2,000 S.F. of class B+ office space currently occupied
• Canfield, Ohio is a suburban community in Mahoning County (Youngstown) area. Average household income is $59,000
• This is also part of a larger investment opportunity offered by the same seller, please see next oage for more info.
Property Summary
2000 CANFIELD ROAD YOUNGSTOWN, OH 44511 SVN | Wilson Commercial Group, LLC | Page 4The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.
2000 CANFIELD ROAD YOUNGSTOWN, OH 44511 SVN | Wilson Commercial Group, LLC | Page 5The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.
This 10 property investment portfolio is a rare offering and should not be overlooked.6 C-Stores, 1 Dunkin' Donuts, 2 land parcels, and a 7,500 SF Retail Strip Center (10 Cap Rate)make up this fantastic portfolio. The locations in this portfolio are established operationswith long lease histories and favorable remaining terms. Property conditions are good tovery good.
Address: Price: Cap Rate:3822 Market Street $750,000.00 10%5188 Youngstown – Poland $660,000.00 10%230 State Street $180,000.00 10%3067 Center Rd $540,000.00 10%2000 Canfield Road $650,000.00 10%412 Youngstown Poland Road $1,434,780.00 4.6%2115 E. Midlothian Blvd $1,625,000.00 7.5%2141 E. Western Reserve $1,625,000.00 7.5%Western Reserve $275,000.00 N/ASouth Avenue $774,000.00 N/A
PORTFOLIO OVERVIEW
Exposure, access, and strong traffic counts found at most locations. Includes a Retail StripCenter of approximately 7,500 SF. One site in Western Reserve has 1 acre parcel adjacentfor sale by this owner. One site is in Opportunity Zone. Many are located at “hard” corners.
LOCATION OVERVIEW
Portfolio Overview
2 LOCATIONINFORMATION
2000 Canfield RoadYoungstown, OH 44511
2000 CANFIELD ROAD YOUNGSTOWN, OH 44511 SVN | Wilson Commercial Group, LLC | Page 6
2000 CANFIELD ROAD YOUNGSTOWN, OH 44511 SVN | Wilson Commercial Group, LLC | Page 7The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.
2000 Canfield Road
Regional Map
2000 CANFIELD ROAD YOUNGSTOWN, OH 44511 SVN | Wilson Commercial Group, LLC | Page 8The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.
Location Maps
2000 CANFIELD ROAD YOUNGSTOWN, OH 44511 SVN | Wilson Commercial Group, LLC | Page 9The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.
2000 Canfield Road
Aerial Map
3DEMOGRAPHICS
2000 Canfield RoadYoungstown, OH 44511
2000 CANFIELD ROAD YOUNGSTOWN, OH 44511 SVN | Wilson Commercial Group, LLC | Page 10
2000 CANFIELD ROAD YOUNGSTOWN, OH 44511 SVN | Wilson Commercial Group, LLC | Page 11The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.
1 MILE 3 MILES 5 MILES
Total population 6,721 71,437 153,168
Median age 45.9 42.0 41.1
Median age (male) 42.5 38.4 38.2
Median age (female) 47.6 44.4 43.5
Total households 2,928 30,896 65,596
Total persons per HH 2.3 2.3 2.3
Average HH income $55,449 $48,189 $46,821
Average house value $128,947 $106,599 $101,552
* Demographic data derived from 2010 US Census
Demographics Report
2000 CANFIELD ROAD YOUNGSTOWN, OH 44511 SVN | Wilson Commercial Group, LLC | Page 12The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.
POPULATION 1 MILE 3 MILES 5 MILES
Total population 6,721 71,437 153,168
Median age 45.9 42.0 41.1
Median age (Male) 42.5 38.4 38.2
Median age (Female) 47.6 44.4 43.5
HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES
Total households 2,928 30,896 65,596
# of persons per HH 2.3 2.3 2.3
Average HH income $55,449 $48,189 $46,821
Average house value $128,947 $106,599 $101,552
* Demographic data derived from 2010 US Census
Demographics Map
4 ADVISOR BIOS2000 Canfield Road
Youngstown, OH 44511
2000 CANFIELD ROAD YOUNGSTOWN, OH 44511 SVN | Wilson Commercial Group, LLC | Page 13
Easton Town Center, 4200 Regent Street, Suite 200Columbus , OH 43219T 614.206.3881C [email protected] #0000350178
PROFESSIONAL BACKGROUND
Doug Wilson is Managing Director of SVN Wilson Commercial Group, LLC, and a 30 year veteran in Commercial RealEstate. SVN WCG is one of the oldest offices of SVN, established in 2004. His experience includes investment sales,leasing, and property management. Doug is a three-time Partner Circle Award Winner, this is the highest award SVNgives to its agents. Prior to joining Sperry Van Ness, Doug served as Vice President of Brokerage Services at HorizonsReal Estate Group where he was instrumental in the expansion of the company's private and institutional client base.Previously, he worked as the Ohio Regional Manager for Marcus & Millichap where he was involved in the ramp-up andsupervision of the Columbus and Cincinnati offices, comprising 17 agents and approximately $100 million of privatelyowned client brokerage listing portfolios. In addition, Doug has also served as senior marketing manager for CBRE,specializing in the sale and leasing of commercial properties owned by institutional clients including: insurancecompanies, pension funds and bank REO departments. Doug is a member of Columbus Commercial, Industrial andInvestment Realtors, Columbus Board of Realtors, Ohio Association of Realtors, and National Association of Realtors.Additional awards include, SVN Team Player; SVN Innovator of he year, and Top Ten Commercial Producer, Central Ohio.
Email: [email protected]: 614-206-3881
EDUCATION
Bachelor's of Arts (Economics), The Ohio State UniversityMBA, Global Management, Arizona State Graduate School of International Management.
DOUG WILSON
Managing Director
2000 CANFIELD ROAD YOUNGSTOWN, OH 44511 SVN | Wilson Commercial Group, LLC | Page 14The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.
Advisor Bio & Contact 1
All SVN® Offices Independently Owned & Operated | 2019 All Right Reserved
Easton Town Center, 4200 Regent Street, Suite 200Columbus , OH 43219
614.206.3881www.svnwilson.com