1281 S Arlington St - Freestanding FOR SALE


Akron, OH 44306- East Akron
$1 USD
305-206-1286
1281 S Arlington St, Akron, OH for Sale
$1 USD
Freestanding - FOR SALE
1/17
null | Request Cap Rate

1281 S Arlington St
Akron, OH 44306
East Akron


HIGHLIGHTS

  • ABSOLUTE $1 AUCTION | Former Advance Auto Parts | 14K VPD | Akron | AUCTION JUNE 9-11, 2025
  • 6,004 SF Value-Add Retail (Former Advance Auto Parts) in Akron, Ohio
  • 14,284 VPD Traffic Count Frontage and Visibility along S Arlington St; 1-Mi from I-77 (122K VPD) and Minutes from Downtown
  • Neighboring National Retailers: Walmart, Giant Eagle, Home Depot, ALDI, McDonald’s, Wendy’s, Taco Bell and more
  • Attractive Demographics with 5-Mile Population of ±181,407 people with an Annual Household Income of $64,858
  • Zoning: U-3/H2/A3, Retail Business District, allowing Flexibility and a Variety of Uses

OVERVIEW

Register to Bid and Access Due Diligence Documents on RealINSIGHT Marketplace Marcus & Millichap and RI Marketplace are pleased to present a vacant, free-standing retail building located at 1281 S. Arlington Street in Akron, Ohio 44306 (the “Property”). Formerly occupied by Advance Auto Parts, the Property is being offered significantly below replacement cost, providing an attractive opportunity for owner-users or investors to acquire a highly visible and strategically located asset at a compelling discount. FIRST BID MEETS RESERVE! Constructed in 1991, the Property consists of a one-story retail building totaling ±6,004 gross square feet on a ±0.517-acre parcel (±22,520 SF), with 20 surface parking spaces. The site features two dedicated curb cut for ingress/egress and boasts ±180 feet of frontage along S Arlington Street—a major arterial thoroughfare with ±14,284 vehicles per day (VPD)—just east of Interstate 77, providing excellent accessibility and regional connectivity. The Property offers a high-visibility pylon sign and was previously occupied by Advance Auto Parts on a NNN lease and offers potential owner-users or investors the ability to unlock significant value-add potential through lease-up at long-term market rates (CoStar estimated retail rents of $13-16/SF NNN). Zoned U-3, H2, A3 (Retail Business District), this zoning offers favorable flexible zoning allowing for a variety of uses. The Property is located in the southeastern portion of Akron, within Summit County, and forms part of the broader Cleveland–Akron–Canton Combined Statistical Area, one of Ohio’s most populous and economically diverse regions. Akron offers strategic connectivity to major metro markets including Canton (±25-min), Youngstown (±50-min), and Cleveland (±1-hr from the Property), while maintaining affordable operating costs, a diverse employment base, and ongoing reinvestment in local infrastructure and commercial corridors. This high-visibility location places the Property along S. Arlington Street, a key retail and commuter corridor just east of Interstate I-77 (±122,982 VPD) and west of US-224 (±39,447 VPD). The Property is located within a highly active commercial trade area that includes Walmart Supercenter, Giant Eagle, The Home Depot, ALDI, and other nationally recognized tenants. The site offers exceptional accessibility with a bus stop immediately in front of the Property and a WalkScore of 72, Very Walkable. The Property is also proximate to major demand drivers including Akron Fulton Airport (±5-min), Goodyear Tire & Rubber Company’s Global Headquarters (±4-mi), Summa Health System’s Akron Campus (±600 beds), and the University of Akron, all of which contribute to recurring weekday demand from employees, contractors, visitors, and regional shoppers. The site is located within a dense trade area with nearly 73k residents within a 3-mile radius and 181,407 residents with an average household income of ±$64,850 within 5 miles.

FOR SALE DETAILS

PRICE

$1 USD

PRICE/SF

$0.00017 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

$1 Auction - REIT Sale | Former Advance Auto

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1991

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.52 AC

LAND SF

22,499 SF

ZONING

U-3/H2/A3

APN/PARCEL ID

68-23127

ASK ABOUT THIS PROPERTY

Philip KatesMarcus & MillichapMore Info
305-206-1286

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Philip KatesMarcus & MillichapMore Info
305-206-1286

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