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5445 Whipple Ave NW
North Canton, OH 44720 North Canton

$3,600,000 USD

Freestanding For Sale  •  14,557 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 14,557 SF
  • Lot Size 3.29 AC
  • Building Class B
  • Year Built 2018
  • Tenancy Single
  • Zoning Commercial
0 Transit Score
34 Walk Score

Highlights

Freestanding Duluth Trading Company Double-Net Lease with 9 Years Remaining in Belden Village – Canton, OH’s #1 Retail Trade Area
Available Individually or as a Portfolio with Adjacent STNL Freddy’s Steakburgers and Caribou Coffee + Farmers National Bank 2-Tenant Property
Upcoming 10% Rent Increase (+$30,570 Annually) in November 2028 Adds 85 bps to Cap Rate
Original 15-Year Lease with Three, 5-Year Options Remaining with 10% Rent Increases in Each
Corporate Lease with Publicly-Traded Duluth Holdings, Inc. Lessee Entity (Nasdaq: DLTH) with $98 Million Market Cap and $647M in FY2023 Revenue
25,000 VPD on Whipple Avenue NW; Just 0.2-Mile to I-77 Exit Ramps (I-77 Sees with 85,500 VPD)

Public Transportation

AirportDriveWalkDistance
Akron-Canton Regional 9 min - 5.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 75
Type: Surface
Included in Rent: Yes
Scott Wiles 216-264-2000 Marcus & Millichap
Scott Wiles 216-264-2000 Marcus & Millichap