AT&T Strip & Rally's Ground Lease | 4503 Tuscarawas St W
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AT&T Strip & Rally's Ground Lease 4503 Tuscarawas St W
6,200 SF 100% Leased Retail Building Canton, OH 44708 $3,078,745 CAD ($497 CAD/SF) 7.25% Cap Rate
Investment Highlights
- 100% Occupied, 6,200 SF, 2-Tenant Retail Strip + Freestanding Rally’s Ground Lease in Canton, OH
- Renovated and Fully Re-tenanted from 2019 thru 2022 Including All-New Build-outs and Ground-up New Construction of Rally’s
- Situated on Tuscarawas Street West with 19,100 VPD – Central Location within in Well-Occupied Daily Needs Retail Corridor & Commuter Route
- 8.1 Years Average Term Remaining / 7.8 Years WALT
- Minimal Deferred Maintenance: New TPO Roof in 2020, Parking Lot Paved in 2017, New HVAC 2019/2022, and $600K+ of Major Improvements in 2022
- 41,380 VPD Combined Just One Block East at Signalized Intersection of Tuscarawas St W & Whipple Ave NW
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
Building Size
6,200 SF
Year Built/Renovated
1976/2022
Price
$3,078,745 CAD
Price Per SF
$497 CAD
Cap Rate
7.25%
NOI
$223,253 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.13
Lot Size
1.06 AC
Walk Score ®
Very Walkable (70)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 10011248 | Improvements Assessment | $123,212 CAD |
| Land Assessment | $73,793 CAD | Total Assessment | $197,005 CAD |
PROPERTY TAXES
Parcel Number
10011248
Land Assessment
$73,793 CAD
Improvements Assessment
$123,212 CAD
Total Assessment
$197,005 CAD
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AT&T Strip & Rally's Ground Lease | 4503 Tuscarawas St W
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