Shopping Strip
Jersey Mike's & Dave's Hot Chicken Strip
5440 Whipple Ave NW, North Canton, OH 44720
Listing Price: $2,420,000
Cap Rate
6.50%
Gross SF
4,428
Rentable SF
4,428
Price/Gross SF
$546.52
Lot Size
0.59 acres
Year Built
2017
Investment Overview
Marcus & Millichap is pleased to present for sale Jersey Mike’s & Dave’s Hot Chicken Strip, located in North Canton, Ohio.
Jersey Mike's & Dave's Hot Chicken Strip
Investment Highlights
- 100 Percent Occupied Two-Tenant Triple-Net Outparcel Retail Strip | 2017 Class "A" Construction
- Strategically Positioned as an Outparcel to Venue at Belden | Regional Lifestyle Center Generating Approximately 2.3 Million Annual Visits
- New 5.5-Year Lease Executed with Dave's Hot Chicken Franchisee in December 2024 | Demonstrates Continued Tenant Demand within the Trade Area
- Original 10-Year Lease with Jersey Mike's Subs Executed In 2017 | Over Five Years Remaining In Current Term
- Both Tenant Spaces Feature Outdoor Patio Seating | Enhances Customer Experience for Fast-Casual Dining Concepts
- Positioned within High-Performing Retail Node Surrounding Belden Village Mall | National Retailers Including Target, Costco, Best Buy, and Dick's Sporting Goods
Listing Price: $2,420,000
Cap Rate
6.50%
Gross SF
4,428
Rentable SF
4,428
Price/Gross SF
$546.52
Lot Size
0.59 acres
Year Built
2017
Investment Highlights
- 100 Percent Occupied Two-Tenant Triple-Net Outparcel Retail Strip | 2017 Class "A" Construction
- Strategically Positioned as an Outparcel to Venue at Belden | Regional Lifestyle Center Generating Approximately 2.3 Million Annual Visits
- New 5.5-Year Lease Executed with Dave's Hot Chicken Franchisee in December 2024 | Demonstrates Continued Tenant Demand within the Trade Area
- Original 10-Year Lease with Jersey Mike's Subs Executed In 2017 | Over Five Years Remaining In Current Term
- Both Tenant Spaces Feature Outdoor Patio Seating | Enhances Customer Experience for Fast-Casual Dining Concepts
- Positioned within High-Performing Retail Node Surrounding Belden Village Mall | National Retailers Including Target, Costco, Best Buy, and Dick's Sporting Goods
Investment Overview
Marcus & Millichap is pleased to present for sale Jersey Mike’s & Dave’s Hot Chicken Strip, located in North Canton, Ohio.
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