Property Listing No Longer Available for Sale

2304 Tuscarawas Street W, Canton, OH

Retail for Sale - $1,285,714 - 1,805 Sq. Ft.


Property Info

CIMLS#1112547
Location
  2304 Tuscarawas Street W
  Canton OH 44708
UpdatedJune 7th, 2024
TypeRetail
Price$1,285,714
Building1,805 Sq. Ft.

Property Description

This modern 1,805 SF freestanding building, constructed in 2021, offers prime retail space with a 20-year corporate absolute NNN ground lease starting 11/23/2019. Rent starting 12/01/2024 being $67,500. Notable features include an 8% rent increase every five years and four five-year renewal options. The tenant has the option to terminate the lease after the 11th year with a two-year rent payment. Zoned Commercial (B-3 General Business) and equipped with 20 parking spaces, this property could produce steady income and long-term growth for investors.


Financials



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