Shopping Community
Fulton East Center
2091 Locust St, Canal Fulton, OH 44614
Listing Price: $4,165,000
Investment Overview
32,824 SF Community Shopping Center in Canal Fulton, OH (Canton-Massillon MSA). Pending New 10-Year Lease with Aldi at $12/SF NNN for 19,272 SF Grocery Store. Adds Long-Term, Implied Strong Credit Grocery Anchor to Center. Situated Along Locust Street – Primary Arterial Serving Canal Fulton with 11,000 VPD. Located within Canal Fulton’s Retail Corridor within immediate Proximity to Giant Eagle,
AutoZone, McDonald’s, PNC Bank, Taco Bell, Pizza Hut, and More. Just West of Major New Single-Family
Housing Developments with Further Housing Development and Population Growth Anticipated between Canal Fulton and the Belden Village Area located 6 Miles Due East.
Fulton East Center
Investment Highlights
- 32,824 Square Foot Community Shopping Center in Canal Fulton, OH (Canton-Massillon MSA)
- Pending New 10-Year Lease with Aldi at $12/SF NNN for 19,272 SF Grocery Store. Adds Long-Term, Implied Strong Credit Grocery Anchor to Center
- Aldi to Make Substantial Improvements at Own Cost - Façade Renovation, New Mechanicals, Build-out & Finishes
- Quick Sale Desired – Prospective Purchase to See Through Completion of Aldi Deal & Landlord Costs/ Deliverables Associated with Same
- Substantial CapEx to be Completed in Association with Aldi Deal, Modernizing and Permanently Improving Shopping Center –
- Majority NNN Lease Structures with 15% Admin Fees Provide Pro Forma Tax, CAM, and Insurance Reimbursement Exceeding 100%
- Situated Along Locust Street – Primary Arterial Serving Canal Fulton with 11,000 VPD
Listing Price: $4,165,000
Investment Highlights
- 32,824 Square Foot Community Shopping Center in Canal Fulton, OH (Canton-Massillon MSA)
- Pending New 10-Year Lease with Aldi at $12/SF NNN for 19,272 SF Grocery Store. Adds Long-Term, Implied Strong Credit Grocery Anchor to Center
- Aldi to Make Substantial Improvements at Own Cost - Façade Renovation, New Mechanicals, Build-out & Finishes
- Quick Sale Desired – Prospective Purchase to See Through Completion of Aldi Deal & Landlord Costs/ Deliverables Associated with Same
- Substantial CapEx to be Completed in Association with Aldi Deal, Modernizing and Permanently Improving Shopping Center –
- Majority NNN Lease Structures with 15% Admin Fees Provide Pro Forma Tax, CAM, and Insurance Reimbursement Exceeding 100%
- Situated Along Locust Street – Primary Arterial Serving Canal Fulton with 11,000 VPD
Investment Overview
32,824 SF Community Shopping Center in Canal Fulton, OH (Canton-Massillon MSA). Pending New 10-Year Lease with Aldi at $12/SF NNN for 19,272 SF Grocery Store. Adds Long-Term, Implied Strong Credit Grocery Anchor to Center. Situated Along Locust Street – Primary Arterial Serving Canal Fulton with 11,000 VPD. Located within Canal Fulton’s Retail Corridor within immediate Proximity to Giant Eagle, AutoZone, McDonald’s, PNC Bank, Taco Bell, Pizza Hut, and More. Just West of Major New Single-Family Housing Developments with Further Housing Development and Population Growth Anticipated between Canal Fulton and the Belden Village Area located 6 Miles Due East.
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.
