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Shopping Strip

DULUTH & FREDDY’S NNN OFFERINGS + 2-TENANT NEW CONSTRUCTION STRIP

5445 Whipple Ave NW, North Canton, OH 44720

Listing Price: $8,800,000

Cap Rate
7.00%
Gross SF
22,057
Rentable SF
22,057
Price/Gross SF
$398.97
Lot Size
5.89 acres
Year Built
2018

Investment Overview

Marcus & Millichap is pleased to present for sale, Duluth and Freddy's in North Canton, Ohio.

Investment Highlights

  • "Class A" Three-Property Offering with Interstate Visibility in Belden Village – Canton, Ohio's #1 Retail Trade Area
  • Located in the Heart of the Belden Village Trade Area with 7.2 Million Square Feet of Retail Leased to 98 Percent Occupancy
  • Weighted Average Lease Term (WALT) of Nine and a Half Years; All Leases have 10-15-Year Initial Terms and at Least Two Five-Year Options
  • Two Single-Tenant Net Leased Buildings and One Two- Tenant Triple-Net Strip – Very Little Management Responsibility
  • New Construction Two-Tenant Strip with 10-Year Leases and Two-Drive Thrus – Farmers National Bank and Caribou Coffee

Exclusively Listed By

Financing By

Shopping Strip

DULUTH & FREDDY’S NNN OFFERINGS + 2-TENANT NEW CONSTRUCTION STRIP

Listing Price: $8,800,000

Cap Rate
7.00%
Gross SF
22,057
Rentable SF
22,057
Price/Gross SF
$398.97
Lot Size
5.89 acres
Year Built
2018

Investment Highlights

  • "Class A" Three-Property Offering with Interstate Visibility in Belden Village – Canton, Ohio's #1 Retail Trade Area
  • Located in the Heart of the Belden Village Trade Area with 7.2 Million Square Feet of Retail Leased to 98 Percent Occupancy
  • Weighted Average Lease Term (WALT) of Nine and a Half Years; All Leases have 10-15-Year Initial Terms and at Least Two Five-Year Options
  • Two Single-Tenant Net Leased Buildings and One Two- Tenant Triple-Net Strip – Very Little Management Responsibility
  • New Construction Two-Tenant Strip with 10-Year Leases and Two-Drive Thrus – Farmers National Bank and Caribou Coffee

Investment Overview

Marcus & Millichap is pleased to present for sale, Duluth and Freddy's in North Canton, Ohio.

Exclusively Listed By

Financing By

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