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2128 Columbus Rd NE

22,362 SF 90% Leased Retail Building Canton, OH 44705 $990,000 ($44/SF) 9.33% Cap Rate

Investment Highlights

  • Traffic Count 42,000 AADT

Executive Summary

• Retail plaza for sale with several long term tenants.
• 1.52 acre lot with over 285’ of frontage at busy intersection of Route 62 and Middlebranch.
• Space is currently subdivided with 5 retail tenant suites and approximately 7,600/SF of warehouse.
• Tenants include Purpose Financial, Rent A Center, Mobilelink, and a convenience store.
• Financials and tenant information available by contacting brokers.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
22,362 SF
Year Built
1967
Price
$990,000
Price Per SF
$44
Cap Rate
9.33%
NOI
$92,407
Percent Leased
90%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.34
Land Acres
1.52 AC
Zoning
B2
Parking
10 Spaces per 1,000 SF Leased
Frontage
285 FT on Columbus Rd (US62)

Amenities

  • Signalized Intersection
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 2126
  • 2,150 SF
  • Retail
  • In-Line
  • Now
Space Size Space Use Position Available
2126 2,150 SF Retail In-Line Now

2126

Size
2,150 SF
Space Use
Retail
Position
In-Line
Available
Now

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
10009762
Land Assessment
$2,770
Improvements Assessment
$0
Total Assessment
$2,770
  • Listing ID: 32733967

  • Date on Market: 8/8/2024

  • Last Updated:

  • Address: 2128 Columbus Rd NE, Canton, OH 44705

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