1550 West Maple - Freestanding FOR SALE
North Canton, OH 44720 |
$4,886,287 USD
858-373-3184
1550 West Maple
North Canton, OH 44720
HIGHLIGHTS
- 15 Year Absolute Net Lease (Zero Landlord Responsibilities) Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options.
- Caliber Collision is the Nation’s Largest Collision Repair provider, with more than 1,700 Convenient Locations in 40 States - and Growing.
- Dominant Leadership: Hellman & Friedman, Private Equity Firm with Over $25 Billion of Total Assets, is the Majority Owners after Merger.
- Directly Across from a BMW and Toyota Auto Dealership and near Numerous other Auto Dealerships and Auto Service Centers including Chevrolet, etc.
- Significant Tax Benefits - Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation.
- Near The Pro Football Hall of Fame - it saw 208k+ Visitors in 2023, w/ Plans to Double that w/in three years.
OVERVIEW
Ohio Broker of Record: Michael Glass | 500 Neil Ave., Ste. 100 Columbus, OH 43215 | P: (614) 360-9800 | Lic. # BRK.2007005898 Michael.Glass@MarcusMillichap.com
Brand New 2025 Construction | Near The Pro Football Hall of Fame | Directly Across from a BMW and Toyota Auto Dealership and near Numerous other Auto Dealerships and Auto Service Centers | Densely Populated and Affluent Area | Minutes from Kent State University at Stark and Akron-Canton Airport | Qualifies for Accelerated Depreciation | Recession-Resistant Concept
FOR SALE DETAILS
PRICE
$4,886,287 USD
PRICE/SF
$397 USD /SF
CAP RATE
6.6%
% LEASED
-
TENANCY
Single
STATUS
Under Construction
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
CALIBER COLLISION | 15 YR ABSOLUTE NET LEASE
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Auto Repair, Storefront, Service
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2025
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.57 AC
LAND SF
68,389 SF
ZONING
-
APN/PARCEL ID
01617968
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858-373-3184
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858-373-3184
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