5441-5445 Whipple Ave NW - Freestanding FOR SALE
Canton, OH 44720 |
5441-5445 Whipple Ave NW
Canton, OH 44720
HIGHLIGHTS
- “Class A” 3-Property Offering with Interstate Visibility in Belden Village – Canton, OH’s #1 Retail Trade Area
- Weighted Average Lease Term (WALT) of 9.5 Years; All Leases have 10-15-Year Initial Terms and at Least Two 5-Year Options
- Prime Frontage to 25,000 VPD on Whipple Avenue NW; Just 0.2-Mile to I-77 Exit Ramps (I-77 Sees 85,500 VPD)
- 2 Single-Tenant Net Leased Buildings + 1 Two- Tenant NNN Strip – Very Little Management Responsibility
- Potential Cap Rate Arbitrage Opportunity via Obtaining Separate Parcelization of Each Property & Executing Individual Dispositions
- New Construction 2-Tenant Strip with 10-Year Leases and 2-Drive Thrus – Farmers National Bank & Caribou Coffee
FOR SALE DETAILS
PRICE
-
CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
DULUTH & FREDDY’S NNN + 2 TENANT STRIP
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Bank, Fast Food, Storefront
TOTAL BUILDING SIZE
22057
STORIES
1
YEAR BUILT
2018
SPRINKLERS
-
PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
10010108
