4050-4300 W Tuscarawas St - Freestanding FOR SALE
Canton, OH 44708 |
$7,390,000 USD
216-264-2000
4050-4300 W Tuscarawas St
Canton, OH 44708
HIGHLIGHTS
- 90% Occupied, 207,131 SF Community Shopping Center Value-Add Opportunity in Canton, OH
- Offering is a 150,000 SF 2-Story JCPenney Store, 57,131 SF of Junior Box & Small-Shop Retail, and Interior Corridor Mall Space; Situated on 16 Acres
- Priced at $36/SF with Several Paths to Upside
- Core Offering is a Value-Add 57,131 SF Junior Box & Small-Shop Retail Center that is 74% Leased
- Shadowed by Walmart Supercenter – Top 11% Location (2.5M T12 Visits) in Ohio & Nationally based on Customer Traffic (Source = Placer.ai)
- Additional Frontage along Whipple Ave Poses “B” Outparcel Dev. Sites that Could be Ideal for Single-Tenant Medical, Automotive Service, or Other
FOR SALE DETAILS
PRICE
$7,390,000 USD
PRICE/SF
$17 USD /SF
CAP RATE
8.26%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Canton Centre - 90% Occ. Value-Add Opp
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Restaurant, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1965
SPRINKLERS
-
PARKING SPACES
3300
LAND DETAILS
LAND ACRES
16.24 AC
LAND SF
707,414 SF
ZONING
C
APN/PARCEL ID
00247089
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216-264-2000
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216-264-2000
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