Shopping Strip
Pet Supplies Plus Center
4965 Tuscarawas St W, Canton, OH 44708
Listing Price: $2,065,000
Investment Overview
100% Occupied, 20,885 SF, 5-Tenant Neighborhood Strip Center in Canton, OH. Corner Site with Access form Main Roadway and Side Street and Pylon Signage. Situated on Tuscarawas Street West with
20,590 VPD – Central Location within in Well-Occupied Daily Needs Retail Corridor & Commuter Route. Within Close Proximity to Marc’s Grocery, Walmart Supercenter, Numerous QSR Restaurants, Several Local Schools, and Several Car Dealerships Driving Traffic to Area.
Pet Supplies Plus Center
Investment Highlights
- 100% Occupied, 20,885 SF, 5-Tenant Neighborhood Strip Center in Canton, OH
- Incredible Tenant Longevity & High Historical Occupancy with 96.5% of GLA In-Place 20+ Years (4 of 5 Tenants)
- 8.50% Cap Pricing with Strong Positive Leverage Potential on In-Place NOI
- Priced Below Replacement Cost at $99/SF
- Low/Replaceable Small-Shop Rents Averaging $10.59/SF Gross
- Anchored by Pet Supplies Plus (39% of GLA) – Tenant Since 1995 on NNN Lease
- Pet Supplies Plus Corporate Lease/ Corporately-Operated Store; PSP has Over 700 Locations in 36 States, Including Franchises
- 9,520 SF (45% of GLA) has Potential for Flexible Usage in Case of Future Re-tenanting, Protecting Downside Risk
Exclusively Listed By
Listing Price: $2,065,000
Investment Highlights
- 100% Occupied, 20,885 SF, 5-Tenant Neighborhood Strip Center in Canton, OH
- Incredible Tenant Longevity & High Historical Occupancy with 96.5% of GLA In-Place 20+ Years (4 of 5 Tenants)
- 8.50% Cap Pricing with Strong Positive Leverage Potential on In-Place NOI
- Priced Below Replacement Cost at $99/SF
- Low/Replaceable Small-Shop Rents Averaging $10.59/SF Gross
- Anchored by Pet Supplies Plus (39% of GLA) – Tenant Since 1995 on NNN Lease
- Pet Supplies Plus Corporate Lease/ Corporately-Operated Store; PSP has Over 700 Locations in 36 States, Including Franchises
- 9,520 SF (45% of GLA) has Potential for Flexible Usage in Case of Future Re-tenanting, Protecting Downside Risk
Investment Overview
100% Occupied, 20,885 SF, 5-Tenant Neighborhood Strip Center in Canton, OH. Corner Site with Access form Main Roadway and Side Street and Pylon Signage. Situated on Tuscarawas Street West with 20,590 VPD – Central Location within in Well-Occupied Daily Needs Retail Corridor & Commuter Route. Within Close Proximity to Marc’s Grocery, Walmart Supercenter, Numerous QSR Restaurants, Several Local Schools, and Several Car Dealerships Driving Traffic to Area.
Exclusively Listed By
To view property details and documents, sign up for a free MyMMI account.
Explore exclusive listings, access research insights, and set up automated alerts for a personalized experience. Sign up now to elevate your property search.