Shopping Community
Canton Centre
4050 Tuscarawas St W, Canton, OH 44710
Listing Price: $7,390,000
Investment Overview
90 percent Occupied, 207,131 Square-Feet Community Shopping Center Value-Add Opportunity in Canton, OH. Located at the Major Signalized Intersection of Lincoln Highway & Whipple Ave SW with 41,380 Vehicles Per Day. Central Location within Well-Occupied Daily Needs Retail Corridor & Commuter Route.
Canton Centre
Investment Highlights
- 90 percent Occupied, 207,131 Square-Foot Community Shopping Center Value-Add Opportunity in Canton, OH
- Shadowed by Walmart Supercenter – Top 11 percent Location (2.5M T12 Visits) in Ohio & Nationally based on Customer Traffic (Source = Placer.ai)
- Offering is a 150,000 Square-Feet 2-Story JCPenney Store, 57,131 Square-Feet of Junior Box & Small-Shop Retail, and Interior Corridor Mall Space; Situated on 16 Acres
- Priced at $36 per Square-Feet with Several Paths to Upside
- Core Offering is a Value-Add 57,131 Square-Feet Junior Box & Small-Shop Retail Center that is 74 percent Leased
- Additional Frontage along Whipple Ave Poses "B" Outparcel Development Sites that Could be Ideal for Single-Tenant Medical, Automotive Service, or Other Uses
- JCP Last Reported Full Year Sales - $9.8 Million in 2022
Exclusively Listed By
Listing Price: $7,390,000
Investment Highlights
- 90 percent Occupied, 207,131 Square-Foot Community Shopping Center Value-Add Opportunity in Canton, OH
- Shadowed by Walmart Supercenter – Top 11 percent Location (2.5M T12 Visits) in Ohio & Nationally based on Customer Traffic (Source = Placer.ai)
- Offering is a 150,000 Square-Feet 2-Story JCPenney Store, 57,131 Square-Feet of Junior Box & Small-Shop Retail, and Interior Corridor Mall Space; Situated on 16 Acres
- Priced at $36 per Square-Feet with Several Paths to Upside
- Core Offering is a Value-Add 57,131 Square-Feet Junior Box & Small-Shop Retail Center that is 74 percent Leased
- Additional Frontage along Whipple Ave Poses "B" Outparcel Development Sites that Could be Ideal for Single-Tenant Medical, Automotive Service, or Other Uses
- JCP Last Reported Full Year Sales - $9.8 Million in 2022
Investment Overview
90 percent Occupied, 207,131 Square-Feet Community Shopping Center Value-Add Opportunity in Canton, OH. Located at the Major Signalized Intersection of Lincoln Highway & Whipple Ave SW with 41,380 Vehicles Per Day. Central Location within Well-Occupied Daily Needs Retail Corridor & Commuter Route.
Exclusively Listed By
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