1763-1771 E Main St 31,762 SF 20% Leased Retail Building Kent, OH 44240 $4,300,000 ($135.38/SF) 9.14% Cap Rate

Along one of Kent’s established commercial corridors, 1763–1771 E Main Street offers a compelling opportunity to acquire a highly visible neighborhood retail strip center in a growing college-driven market. In-place income is supported by existing leases with national retailer NAPA Auto Parts and regional operator Halo Nails, offering investors immediate cash flow with the opportunity to enhance returns through repositioning.

The center features an available anchor retail space of approximately 23,962 square feet that can be subdivided into 6,974-square-foot and 16,988-square-foot units and features a drive-thru window suitable for a variety of uses. An additional, smaller retail suite, formerly occupied by SuperCuts, is also vacant, further enhancing near-term upside through re-tenanting. Ample surface parking, rear grade-level and ramp loading, and additional rear parking spaces enhance functionality for a broad mix of tenants. Future capital expenditures, such as refreshed exterior aesthetics and modernized interior build-outs, will attract higher-quality tenants and secure higher rental rates, unlocking additional long-term value.

Positioned on Main Street with exposure to nearly 20,000 vehicles per day (VPD), the property benefits from strong daily traffic, excellent ingress and egress, and proximity to nearby traffic drivers, including an adjacent Sheetz gas station, a neighboring Raising Cane’s, and a large Acme Fresh Market–anchored retail plaza, all of which contribute to sustained consumer activity and visibility. The nearby Campus Pointe apartment community delivers a built-in residential customer base.

Situated in Kent, Ohio, a rising college town anchored by Kent State University, the property taps into a student population of nearly 25,000 on the main campus alone. A mere five minutes from Kent’s revitalized downtown, known for its walkable streets, independent boutiques, coffee shops, and dining, this investment offers exposure to both daily commuter traffic and a growing lifestyle-oriented consumer base, positioning the property as a strong core-plus investment with meaningful upside through leasing and asset enhancement.