Rehold

Canton Centre - 90% Occ. Value-Add Opp

207,131 SF | 100% Leased | Retail Building | Canton, OH 44708 | $7,390,000 ($36/SF) | 8.26% Cap Rate

Asking Price $7,390,000

Property Type: Retail, Restaurant
Square Feet: 207,131 SF
Price / Square Foot: $36

Listing Contacts

Scott Wiles

Scott Wiles

Verified Profile

Erin Patton

Erin Patton

Verified Profile

Property Info

Property Details

Class: C
Year Built/Renovated: 1965/2005
Stories: 1
Property Subtype: Freestanding, Storefront
Lot Size (sq. ft): 707,414 SF

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

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