Shopping Community
Fulton East Center
2091 Locust St, Canal Fulton, OH 44614
Listing Price: $3,120,000
Investment Overview
100 percent Occupied, 32,824-Square-Foot Community Shopping Center in Canal Fulton, Ohio (Canton-Massillon MSA). Large 5-Acre Parcel with Excess Undeveloped Frontage Along Locust Street with Potential for Future Outparcel Ground Lease or Development. Situated Along Locust Street – Primary Arterial Serving Canal Fulton with 11,000 vehicles per day. Located within Canal Fulton’s Retail Corridor within immediate Proximity to Giant Eagle, AutoZone, McDonald’s, PNC Bank, Taco Bell, Pizza Hut, and More. Supportive Demographics with 14,761/3-Mi & 37,720/5-Mi Population Counts.
Fulton East Center
Investment Highlights
- 100 Percent Occupied, 32,824-Square-Foot Community Shopping Center in Canal Fulton, Ohio (Canton-Massillon MSA)
- Anchored by Advance Auto Parts (25 Percent of GLA) on Low $6 per Square-Foot/ NNN Lease. Co-Anchored by Code 3 Enterprises (Firearms Dealer) with New Three-Year Lease.
- Strong Mix of Eight Local Daily Needs Retailers and Service-Oriented Businesses Including Convenience Store, Mexican Restaurant, Sports Bar, Tanning Salon, and Chinese Restaurant
- Recent Lease Extensions from over 50 Percent of the center GLA: Code 3, Minit Mart, Margaritas, Dominos & New Peking
- Low Average Base Rent of $7.98 per Square-Foot and Average All-in Occupancy Cost of $9.95 per Square-Foot
- Majority NNN Lease Structures with 15 Percent Admin Fees Provide Approx. 89 Percent Overall Reimbursement of Landlord Tax, Ins, CAM, and Mgmt Expenses
- Large 5-Acre Parcel with Excess Undeveloped Frontage Along Locust Street with Potential for Future Outparcel Ground Lease or Development
Listing Price: $3,120,000
Investment Highlights
- 100 Percent Occupied, 32,824-Square-Foot Community Shopping Center in Canal Fulton, Ohio (Canton-Massillon MSA)
- Anchored by Advance Auto Parts (25 Percent of GLA) on Low $6 per Square-Foot/ NNN Lease. Co-Anchored by Code 3 Enterprises (Firearms Dealer) with New Three-Year Lease.
- Strong Mix of Eight Local Daily Needs Retailers and Service-Oriented Businesses Including Convenience Store, Mexican Restaurant, Sports Bar, Tanning Salon, and Chinese Restaurant
- Recent Lease Extensions from over 50 Percent of the center GLA: Code 3, Minit Mart, Margaritas, Dominos & New Peking
- Low Average Base Rent of $7.98 per Square-Foot and Average All-in Occupancy Cost of $9.95 per Square-Foot
- Majority NNN Lease Structures with 15 Percent Admin Fees Provide Approx. 89 Percent Overall Reimbursement of Landlord Tax, Ins, CAM, and Mgmt Expenses
- Large 5-Acre Parcel with Excess Undeveloped Frontage Along Locust Street with Potential for Future Outparcel Ground Lease or Development
Investment Overview
100 percent Occupied, 32,824-Square-Foot Community Shopping Center in Canal Fulton, Ohio (Canton-Massillon MSA). Large 5-Acre Parcel with Excess Undeveloped Frontage Along Locust Street with Potential for Future Outparcel Ground Lease or Development. Situated Along Locust Street – Primary Arterial Serving Canal Fulton with 11,000 vehicles per day. Located within Canal Fulton’s Retail Corridor within immediate Proximity to Giant Eagle, AutoZone, McDonald’s, PNC Bank, Taco Bell, Pizza Hut, and More. Supportive Demographics with 14,761/3-Mi & 37,720/5-Mi Population Counts.
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.
