Retail Space
4322 Tuscarawas Street West Canton, OH 44708
Details & Description
Price: $3,555,000
    Marcus & Millichap is pleased to present for sale, Shops at the Centre located in Canton, Ohio. The subject property is a 10,046-square-foot triple-net strip center that is 100 percent occupied. The strip center is comprised of six tenants and five of the six tenants have been in place since 2008 and 2009. All tenants are triple-net and reimburse for taxes, insurance, common area maintenance, and also pay 10-15 percent administrative fees. Shops at the Centre is being offered for $3.55 million.Shadowed by Walmart Supercenter – Top 10 Percent Location (2.3 Million T12 Visits) in Ohio and Nationally Based on Customer Traffic (Source = Placer.AI)All Tenants are Triple-Net and Reimburse for Taxes, Insurance, Common Area Maintenance, and Pay 10-15 Percent Administrative Fees.Located at the Major Signalized Intersection of Lincoln Highway and Whipple Avenue SW with 41,380 Vehicles per Day.Adjacent to Canton Centre Shopping Center with Additional Traffic-Driving Retailers Including JCPenney, Hibbett Sports, Shoe Show, Rainbow, Rue21, Chipotle, Sally Beauty, and Firestone Automotive.
    Property Highlights
     Offers 9.8 Percent Cash-on-Cash Return and 15.6 Percent Total Return at Proposed Financing Terms
     Anchored by National Retailers Verizon and Penn Station Subs on the Endcaps, Six Units Total
    Listing Agents
    Craig Fuller

    O: 216-264-2043
    cfuller@ipausa.com
    Scott Wiles
    Marcus & Millichap
    O: 216-264-2026
    swiles@ipausa.com
    Eric Patton
    Marcus & Millichap
    O: 614-360-9035
    epatton@ipausa.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    4322 Tuscarawas Street West

    Canton, OH 44708

    Shops at the Centre

    Listing ID: 276045
    • 4322 Tuscarawas Street West Canton, OH 44708 | for Sale | Photo 1
    • 4322 Tuscarawas Street West Canton, OH 44708 | for Sale | Photo 2
    4322 Tuscarawas Street West | for Sale | Thumbnail 1
    4322 Tuscarawas Street West | for Sale | Thumbnail 2
    Building Size: 10,046 SF
    Lot Size: 1.790 AC
    Land Size: 77,972 SF
    Building $/SF: $353.87
    Land $/SF: $45.59
    Price
    $3,555,000
    Property Highlights
    100 Percent Occupied, 10,046-Square-Foot Triple-Net Strip Center in Canton, Ohio
    Anchored by National Retailers Verizon and Penn Station Subs on the Endcaps, Six Units Total
    Five of Six Tenants in Place Since 20082009
    Offers 9.8 Percent Cash-on-Cash Return and 15.6 Percent Total Return at Proposed Financing Terms
    Description

    Marcus & Millichap is pleased to present for sale, Shops at the Centre located in Canton, Ohio. The subject property is a 10,046-square-foot triple-net strip center that is 100 percent occupied. The strip center is comprised of six tenants and five of the six tenants have been in place since 2008 and 2009. All tenants are triple-net and reimburse for taxes, insurance, common area maintenance, and also pay 10-15 percent administrative fees. Shops at the Centre is being offered for $3.55 million.

    Shadowed by Walmart Supercenter – Top 10 Percent Location (2.3 Million T12 Visits) in Ohio and Nationally Based on Customer Traffic (Source = Placer.AI)

    All Tenants are Triple-Net and Reimburse for Taxes, Insurance, Common Area Maintenance, and Pay 10-15 Percent Administrative Fees.

    Located at the Major Signalized Intersection of Lincoln Highway and Whipple Avenue SW with 41,380 Vehicles per Day.

    Adjacent to Canton Centre Shopping Center with Additional Traffic-Driving Retailers Including JCPenney, Hibbett Sports, Shoe Show, Rainbow, Rue21, Chipotle, Sally Beauty, and Firestone Automotive.


    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Akron History of Retail Space for Sale

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    Canton Area Market Trends

    Listing Demographics for 4322 Tuscarawas Street West Canton, OH 44708

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population11,64066,287147,965
    Population Median Age404041
    Population by Age0-9 Yrs1480 (12%)7596 (11%)17589 (11%)
    10-19 Yrs1209 (10%)7995 (12%)18067 (12%)
    20-29 Yrs1574 (13%)8209 (12%)18640 (12%)
    30-39 Yrs1553 (13%)8550 (12%)18262 (12%)
    40-49 Yrs1249 (10%)8382 (12%)17671 (11%)
    50-59 Yrs1622 (13%)9535 (14%)19982 (13%)
    60-69 Yrs1624 (13%)8393 (12%)19555 (13%)
    70+ Yrs1330 (11%)7627 (11%)18199 (12%)
    Median HH Income$46,768$43,840$45,732
    Total Household Income< 24K1263 (24%)8164 (28%)17403 (27%)
    25-49K1555 (30%)8320 (28%)17433 (27%)
    50-74K1122 (21%)5470 (18%)11912 (18%)
    75-99K567 (11%)3093 (10%)7224 (11%)
    100-199K601 (11%)3654 (12%)8841 (13%)
    200K+45 (0%)452 (1%)1240 (1%)
    Highest Education LevelNo Diploma790549510557
    Diploma or GED34241871939414
    Some College21881156224774
    Assoc. Degree79339098770
    Bachelors Degree605437712369
    Higher Degree48029247510
    Total Housing Units5,61932,60871,646
    --Owner-Occupied3,11717,08738,319
    --Renter-Occupied2,03512,06625,733
    Owner-Occupied Values< 100K1801903916977
    100-199K1254659516144
    200-299K189233392
    300-399K9276861
    400-499K074345
    500K+35178602
    Total Working Age Population9,40753,478119,288
    In Work Force6,28933,94074,255
    Not In Work Force3,11819,53945,033
    Workforce Employed5,87231,48769,111
    Workforce Unemployed4182,4285,094
    Civlian Workforce6,28933,91574,206
    Military Workforce02449
    Total Households5,15329,15364,052
    Family Households3,06916,77437,700
    Non-Family Households2,08412,37926,353
    Married Couple2,02810,54124,256
    Other Family1,0416,23313,443
    Married w/Child7063,3857,705
    Single Male w/Child1488531,664
    Single Female w/Child4432,7626,094

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Ohio11,353,140+211,536,504011,574,870011,615,100
    Stark County378,098-1375,586-2368,210-2361,130

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 4322 Tuscarawas Street West in Canton?
    The asking price for 4322 Tuscarawas Street West is $3,555,000
    What is the building size of this Retail property in Canton, OH?
    The size of the building/unit at 4322 Tuscarawas Street West in Canton is 10,046 square feet
    How much land does the Canton, OH property at 4322 Tuscarawas Street West include?
    4322 Tuscarawas Street West in Canton includes 1.790 acres of land
    What kind of Retail is the propery at 4322 Tuscarawas Street West?
    The property at 4322 Tuscarawas Street West Canton, OH 44708 is listed as a Shopping Center Retail property
    What is the population within 1 mile of 4322 Tuscarawas Street West in Canton?
    The population within 1 mile of 4322 Tuscarawas Street West Canton, OH 44708 is 11,640 people.
    Who do I contact for questions about 4322 Tuscarawas Street West?
    You should contact the listing agent, Craig Fuller, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Cleveland Hopkins International Airport (CLE) 48
    Pittsburgh International Airport (PIT) 66
    John Glenn Columbus International Airport (CMH) 95
    Price
    $3,555,000
    Listing Agent
    Listing Co-Agent
    Craig Fuller - CRE Agent at Marcus & Millichap

    Scott Wiles

    Independent Agent
    Listing Co-Agent
    Craig Fuller - CRE Agent at Marcus & Millichap

    Eric Patton

    Independent Agent
    More listings from Craig Fuller
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