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1223 Cleveland Ave NW
Canton, OH 44703
Walgreens Pharmacy · Retail Property For Sale
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
Building Size
13,905 SF
Building Class
B
Year Built
1997
Price
$2,573,000
Price Per SF
$185.04
Cap Rate
9.30%
NOI
$239,252
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
2.75 AC
Opportunity Zone
Yes
AMENITIES
- Signage
- Signalized Intersection
- Drive Thru
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 10005203 | Improvements Assessment | $440,650 |
| Land Assessment | $105,350 | Total Assessment | $546,000 |
PROPERTY TAXES
Parcel Number
10005203
Land Assessment
$105,350
Improvements Assessment
$440,650
Total Assessment
$546,000
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