Shopping Neighborhood

At Home Plaza

4938 Portage Street NW, North Canton, OH 44720

Listing Price: $10,660,000

Cap Rate
9.00%
Gross SF
101,779
Rentable SF
101,779
Price/Gross SF
$104.74
Lot Size
6.57 acres
Year Built
2000

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale At Home Plaza located in North Canton, Ohio. This property features three triple-net lease tenants totaling 101,779 gross square feet. This plaza was renovated from 2017 to 2019 with $6.5 million capital improvements. Tenants include At Home, Pet Supplies Plus and Salon Lofts. At Home Plaza shows strong traffic counts with 41,438 vehicles per day on Portage Street and 59,540 vehicles per day at the intersection of Portage Street and Franklin Avenue. This plaza is located 0.3 miles from Interstate 77 and sits on 6.58 acres of land.

Investment Highlights

  • Minimal Deferred Maintenance
  • Long-Term Leases - No Lease Rollover Until 2027
  • 100 Percent Occupied, 101,779 Square Foot Center in North Canton, Ohio
  • New 10-Year Triple-Net Lease with At Home (NYSE: HOME)
  • Comprising 88.7 Percent of Gross Leasable Area and 83.8 Percent of Gross Income
  • Entire Center Renovated from 2017-2019
  • Approximately 67,500 Square Feet of New Gross Leasable Area Built

Exclusively Listed By

Listing Price: $10,660,000

Cap Rate
9.00%
Gross SF
101,779
Rentable SF
101,779
Price/Gross SF
$104.74
Lot Size
6.57 acres
Year Built
2000

Investment Highlights

  • Minimal Deferred Maintenance
  • Long-Term Leases - No Lease Rollover Until 2027
  • 100 Percent Occupied, 101,779 Square Foot Center in North Canton, Ohio
  • New 10-Year Triple-Net Lease with At Home (NYSE: HOME)
  • Comprising 88.7 Percent of Gross Leasable Area and 83.8 Percent of Gross Income
  • Entire Center Renovated from 2017-2019
  • Approximately 67,500 Square Feet of New Gross Leasable Area Built

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale At Home Plaza located in North Canton, Ohio. This property features three triple-net lease tenants totaling 101,779 gross square feet. This plaza was renovated from 2017 to 2019 with $6.5 million capital improvements. Tenants include At Home, Pet Supplies Plus and Salon Lofts. At Home Plaza shows strong traffic counts with 41,438 vehicles per day on Portage Street and 59,540 vehicles per day at the intersection of Portage Street and Franklin Avenue. This plaza is located 0.3 miles from Interstate 77 and sits on 6.58 acres of land.

Exclusively Listed By

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