4918 Whipple Ave NW - Freestanding FOR SALE


Canton, OH 44718
$3,135,000 USD
216-264-2000
4918 Whipple Ave NW, Canton, OH for Sale
$3,135,000 USD
Freestanding - FOR SALE
1/2
null | 8% Cap Rate

4918 Whipple Ave NW
Canton, OH 44718


HIGHLIGHTS

  • 100% Occupied, 20,751 SF Neighborhood Strip Center Located in Belden Village – Canton, OH’s #1 Retail Trade Area
  • Located in the Heart of the Belden Village Trade Area with 7.2 Million SF of Retail Leased to 98% Occupancy
  • New 7-Year Lease with MRI/Imaging Center on 4,300 SF Endcap (22.45% of GLA) at $16/SF NNN
  • Below-Market/Replaceable Rents Averaging $13.37/SF All-in
  • Ease of Management with Only 6 Tenants/7 Units; Self-Managing could add 15 bps to CAP Rate (8.15% CAP)
  • Less than 400 Feet from the Major Intersection of Belden Village Street NW & Whipple Ave NW with 42,320 VPD Combined

FOR SALE DETAILS

PRICE

$3,135,000 USD

PRICE/SF

$353 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Whipple Bradley Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront, Storefront Retail/Office, Health Club

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

1.61 AC

LAND SF

70,132 SF

ZONING

-

APN/PARCEL ID

05219288

ASK ABOUT THIS PROPERTY

Scott WilesMarcus & MillichapMore Info
216-264-2000

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Scott WilesMarcus & MillichapMore Info
216-264-2000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.