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3112 Cleveland Ave NW
Canton, OH 44709 Edgefield

Price Upon Request

Supermarket For Sale  •  47,275 SF

Property Details

  • Property Type Supermarket
  • Total Building Size 47,275 SF
  • Lot Size 9.46 AC
  • Building Class B
  • Year Built 2020
  • Tenancy Single
  • Zoning B2
0 Transit Score
72 Walk Score

Highlights

Freestanding Marc’s Grocery Store with 15+ Years Remaining on 20-Year Double-Net Lease in Canton, OH
Reported Strong Sales of $21.75M (LYE Feb 2024); $460/SF & Low 2.6% Rent-to-Sales Ratio with Strong Positive Annual Sales Growth Trend
$0.50/SF Rent Increase in April 2030 Adds 30 bps to Cap Rate; Three Five-Year Options with $0.50/SF Increases in Each
Class “A” Modern Construction – 2020 Build-to-Suit; Steel Superstructure, Masonry Ext on all Four Sides w/ Architecturally-Cladded High-Image
0.1- to 0.3-Mile North of I-77 and Route 62 Exit Ramps at Cleveland Ave – I-77 Sees 83,775 VPD and Route 62 Sees 63,600 VPD
47,275 SF GLA Situated on Large 9.5-Acre Parcel w/ Ample Parking; High-Visibility LED Monument Sign at Cleveland Ave & Additional Monument Signs

Amenities

  • Signage

Public Transportation

AirportDriveWalkDistance
Akron-Canton Regional 12 min - 8.1 mi