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Shopping Strip

Stow Retail Plaza

3515 Hudson Dr, Stow, OH 44224

Listing Price: $4,805,000

Cap Rate
7.75%
Gross SF
22,203
Rentable SF
22,203
Price/Gross SF
$216.41
Lot Size
3.11 acres
Year Built
2006

Investment Overview

100% Occupied Retail Center | Six National and Regional Tenants | Located in Stow, Ohio (Akron-Canton MSA). Located at Highly Trafficked Intersection | 35,684 VPD at Hudson Dr., Route 8 & Graham Rd. | Strong Ingress/Egress & Site Visibility. Located in Affluent, Dense Retail Corridor | 140,678 Residents in 5-Mile Radius | Average Household Income of $87,337. Positioned in Akron MSA | Nearby to Goodyear
HQ, The University of Akron, and Top Regional Healthcare & Industrial Employers. Limited Competitive Supply in Trade Area | Barriers to Entry from Retail Saturation, Land Constraints & Replacement Cost Pressure.

Investment Highlights

  • 100% Occupied Retail Center | Six National and Regional Tenants | Located in Stow, Ohio (Akron-Canton MSA)
  • Landlord-Favorable NNN Lease Structures | 5 of 6 Tenants Fully Reimburse Taxes, CAM & Insurance | Tenants Pay Administrative Fees Up to 15% | No Management Fee Liability Enhances Yield if Self-Managed
  • Ease of Ownership with Only 6 Tenants | Weighted Average Lease Term of 2.75 Years | Multiple Renewal Options Extend Leases Through 2035
  • Scheduled Base Rents Average $18.38/SF | Organic NOI Growth via Contractual Increases and Renewal Options
  • Dollar Tree: Top 2% Nationally for Visits/SF | Top 1% in Ohio by Foot Traffic (Placer.ai)
  • Aspen Dental (20% GLA) Lease Through 2027 | Dollar Tree (47% GLA) Lease Through 2026 with Two 5-Year Options
  • Tenant Lineup Anchored by National & Regional Brands | Dollar Tree (NYSE: DLTR), Aspen Dental, Cricket Wireless (AT&T), and Cost Cutters (Regis Corp.)
  • Service-Oriented, Internet-Resistant Tenant Mix | Dental, Wireless, Haircare, and Restaurant Uses Support Daily Retail Demand

Exclusively Listed By

Financing By

Shopping Strip

Stow Retail Plaza

Listing Price: $4,805,000

Cap Rate
7.75%
Gross SF
22,203
Rentable SF
22,203
Price/Gross SF
$216.41
Lot Size
3.11 acres
Year Built
2006

Investment Highlights

  • 100% Occupied Retail Center | Six National and Regional Tenants | Located in Stow, Ohio (Akron-Canton MSA)
  • Landlord-Favorable NNN Lease Structures | 5 of 6 Tenants Fully Reimburse Taxes, CAM & Insurance | Tenants Pay Administrative Fees Up to 15% | No Management Fee Liability Enhances Yield if Self-Managed
  • Ease of Ownership with Only 6 Tenants | Weighted Average Lease Term of 2.75 Years | Multiple Renewal Options Extend Leases Through 2035
  • Scheduled Base Rents Average $18.38/SF | Organic NOI Growth via Contractual Increases and Renewal Options
  • Dollar Tree: Top 2% Nationally for Visits/SF | Top 1% in Ohio by Foot Traffic (Placer.ai)
  • Aspen Dental (20% GLA) Lease Through 2027 | Dollar Tree (47% GLA) Lease Through 2026 with Two 5-Year Options
  • Tenant Lineup Anchored by National & Regional Brands | Dollar Tree (NYSE: DLTR), Aspen Dental, Cricket Wireless (AT&T), and Cost Cutters (Regis Corp.)
  • Service-Oriented, Internet-Resistant Tenant Mix | Dental, Wireless, Haircare, and Restaurant Uses Support Daily Retail Demand

Investment Overview

100% Occupied Retail Center | Six National and Regional Tenants | Located in Stow, Ohio (Akron-Canton MSA). Located at Highly Trafficked Intersection | 35,684 VPD at Hudson Dr., Route 8 & Graham Rd. | Strong Ingress/Egress & Site Visibility. Located in Affluent, Dense Retail Corridor | 140,678 Residents in 5-Mile Radius | Average Household Income of $87,337. Positioned in Akron MSA | Nearby to Goodyear HQ, The University of Akron, and Top Regional Healthcare & Industrial Employers. Limited Competitive Supply in Trade Area | Barriers to Entry from Retail Saturation, Land Constraints & Replacement Cost Pressure.

Exclusively Listed By

Financing By

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