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Canton Centre - 90% Occ. Value-Add Opp 4050-4300 W Tuscarawas St

207,131 SF 100% Leased Retail Building Canton, OH 44708 $10,475,103 CAD ($51 CAD/SF) 8.26% Cap Rate

Investment Highlights

  • 90% Occupied, 207,131 SF Community Shopping Center Value-Add Opportunity in Canton, OH
  • Priced at $36/SF with Several Paths to Upside
  • Shadowed by Walmart Supercenter – Top 11% Location (2.5M T12 Visits) in Ohio & Nationally based on Customer Traffic (Source = Placer.ai)
  • 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
  • Core Offering is a Value-Add 57,131 SF Junior Box & Small-Shop Retail Center that is 74% Leased
  • Additional Frontage along Whipple Ave Poses “B” Outparcel Dev. Sites that Could be Ideal for Single-Tenant Medical, Automotive Service, or Other

Financial Summary (Actual - 2023) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income (CAD)
Annual -
Annual Per SF -
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual -
Annual Per SF -
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
207,131 SF
Building Class
C
Year Built/Renovated
1965/2005
Price
$10,475,103 CAD
Price Per SF
$51 CAD
Cap Rate
8.26%
NOI
$865,387 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
12 Exterior
Building FAR
0.29
Land Acres
16.24 AC
Zoning
C
Parking
3,300 Spaces (15.93 Spaces per 1,000 SF Leased)
Frontage
862 ft on Tuscarawas

Amenities

  • Banking
  • Bus Line
  • Food Court
  • Restaurant
  • Signage
  • Kiosk/Cart Space
  • Enclosed Mall
Walk Score ®
Very Walkable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

the Human Bean
Chase Bank
Bob Evans Restaurants
Huntington Bank
KeyBank
Giant Eagle
Rent-A-Center
Citizens Bank
Fifth Third Bank
Denny's
  • Listing ID: 31948558

  • Date on Market: 2024-05-29

  • Last Updated:

  • Address: 4050-4300 W Tuscarawas St, Canton, OH 44708

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