1223 Cleveland Ave NW - Drug Store FOR SALE


Canton, OH 44703- Outer Canton
$2,573,000 USD
248-702-0288
1223 Cleveland Ave NW, Canton, OH for Sale
$2,573,000 USD
Drug Store - FOR SALE
1/6
null | 9.3% Cap Rate

1223 Cleveland Ave NW
Canton, OH 44703
Outer Canton


HIGHLIGHTS

  • Double Net Lease | Minimal Landlord Responsibilities | Historic Occupancy Spanning 30-Years
  • Strong Traffic And High Visibility: Five Curb Cuts Along Three Major Roads With A Total Of 42,646 Cars Per Day
  • Oversized Distinct 2.75 Acre Parcel With .43 Acres Of Unused Land And Situated At Multiple Traffic Lights
  • Corporate Guarantee | 6.2% Revenue Growth For Fiscal Year Ending 8/31/24 Reaching $147.7 Billion
  • Prototype Walgreens W/ Drive-Thru And Ample Parking
  • 2.4 Miles To Aultman Hospital - Largest Employer And Largest Hospital With 1,032-Beds

OVERVIEW

Double Net Lease | Minimal Landlord Responsibilities | Historic Occupancy Spanning 30-Years

FOR SALE DETAILS

PRICE

$2,573,000 USD

PRICE/SF

$185 USD /SF

CAP RATE

9.3%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens Pharmacy

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

ADD'L SUBTYPES

Convenience Store, Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.75 AC

LAND SF

119,790 SF

ZONING

-

APN/PARCEL ID

10005203

ASK ABOUT THIS PROPERTY

Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

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Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.