Shopping Strip
Caribou 2 Tenant New Construction Strip
5441 Whipple Ave NW, North Canton, OH 44720
Listing Price: $1,762,000
Investment Overview
“Class A” Property Offering with Interstate Visibility in Belden Village – Canton, OH’s #1 Retail Trade Area.
New Construction Two-Tenant Strip with 10-Year Leases and Two-Drive Thrus – Farmers National Bank & Caribou Coffee. Prime Frontage to 25,000 Vehicles per Day on Whipple Avenue NW; Just 0.2-Mile to I-77 Exit Ramps (I-77 Sees 85,500 Vehicles per Day).
Caribou 2 Tenant New Construction Strip
Investment Highlights
- "Class A" Property Offering with Interstate Visibility in Belden Village – Canton, OH'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
- Prime Frontage to 25,000 Vehicles per Day on Whipple Avenue NW; Just 0.2-Mile to I-77 Exit Ramps (I-77 Sees 85,500 Vehicles per Day)
- New Construction Two-Tenant Strip with 10-Year Leases and Two-Drive Thrus – Farmers National Bank & Caribou Coffee
- Zero Near-Term Rollover Risk - No Lease Rollover Until 2032
- Scheduled Rent Increases Add Over $12,000 to In-Place NOI within First Five Years of Ownership
- Newer Built, Modern & Highest-Quality Mixed-Material Development
- Large, Highway-Visible Parcel with High Intrinsic Value in the Highway-Adjacent Dirt & Improvements
Listing Price: $1,762,000
Investment Highlights
- "Class A" Property Offering with Interstate Visibility in Belden Village – Canton, OH'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
- Prime Frontage to 25,000 Vehicles per Day on Whipple Avenue NW; Just 0.2-Mile to I-77 Exit Ramps (I-77 Sees 85,500 Vehicles per Day)
- New Construction Two-Tenant Strip with 10-Year Leases and Two-Drive Thrus – Farmers National Bank & Caribou Coffee
- Zero Near-Term Rollover Risk - No Lease Rollover Until 2032
- Scheduled Rent Increases Add Over $12,000 to In-Place NOI within First Five Years of Ownership
- Newer Built, Modern & Highest-Quality Mixed-Material Development
- Large, Highway-Visible Parcel with High Intrinsic Value in the Highway-Adjacent Dirt & Improvements
Investment Overview
“Class A” Property Offering with Interstate Visibility in Belden Village – Canton, OH’s #1 Retail Trade Area. New Construction Two-Tenant Strip with 10-Year Leases and Two-Drive Thrus – Farmers National Bank & Caribou Coffee. Prime Frontage to 25,000 Vehicles per Day on Whipple Avenue NW; Just 0.2-Mile to I-77 Exit Ramps (I-77 Sees 85,500 Vehicles per Day).
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