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1223 Cleveland Ave NW
Canton, OH 44703
 Walgreens Pharmacy · Retail Property For Sale

Drug Stores Ohio Canton 1223 Cleveland Ave NW, Canton, OH 44703

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INVESTMENT HIGHLIGHTS

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

EXECUTIVE SUMMARY

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

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
13,905 SF
Building Class
B
Year Built
1997
Price
$3,562,087 CAD
Price Per SF
$256.17 CAD
Cap Rate
9.30%
NOI
$331,223 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
2.75 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

AMENITIES

  • Signage
  • Signalized Intersection
  • Drive Thru
  • Air Conditioning

LINKS

PROPERTY TAXES

Parcel Number 10005203 Improvements Assessment $613,164 CAD
Land Assessment $146,595 CAD Total Assessment $759,759 CAD

PROPERTY TAXES

Parcel Number
10005203
Land Assessment
$146,595 CAD
Improvements Assessment
$613,164 CAD
Total Assessment
$759,759 CAD
 

  • Listing ID: 39156579

  • Date on Market: 2025-06-04

  • Last Updated:

  • Address: 1223 Cleveland Ave NW, Canton, OH 44703

The Outer Canton Retail Property at 1223 Cleveland Ave NW, Canton, OH 44703 is currently available. Contact Encore Real Estate Investment Services for more information.

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