4503 Tuscarawas St W - Freestanding FOR SALE
Canton, OH 44708 |
$2,172,000 USD
216-264-2000
4503 Tuscarawas St W
Canton, OH 44708
HIGHLIGHTS
- 100% Occupied, 6,200 SF, 2-Tenant Retail Strip + Freestanding Rally’s Ground Lease in Canton, OH
- 8.1 Years Average Term Remaining / 7.8 Years WALT
- Renovated and Fully Re-tenanted from 2019 thru 2022 Including All-New Build-outs and Ground-up New Construction of Rally’s
- Minimal Deferred Maintenance: New TPO Roof in 2020, Parking Lot Paved in 2017, New HVAC 2019/2022, and $600K+ of Major Improvements in 2022
- Situated on Tuscarawas Street West with 19,100 VPD – Central Location within in Well-Occupied Daily Needs Retail Corridor & Commuter Route
- 41,380 VPD Combined Just One Block East at Signalized Intersection of Tuscarawas St W & Whipple Ave NW
FOR SALE DETAILS
PRICE
$2,172,000 USD
PRICE/SF
$350 USD /SF
CAP RATE
7.25%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
AT&T Strip & Rally's Ground Lease
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Restaurant, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1976
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.06 AC
LAND SF
46,174 SF
ZONING
-
APN/PARCEL ID
10011248
ASK ABOUT THIS PROPERTY
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216-264-2000
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216-264-2000
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