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3112 Cleveland Ave NW
Canton, OH 44709
STNL Marc's Grocery Store | 15+ Yrs Remaining · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Freestanding Marc’s Grocery Store with 15+ Years Remaining on 20-Year Double-Net Lease in Canton, OH
  • $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
  • 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
  • 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
  • Class “A” Modern Construction – 2020 Build-to-Suit; Steel Superstructure, Masonry Ext on all Four Sides w/ Architecturally-Cladded High-Image
  • 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

PROPERTY FACTS

Property Type
Retail
Property Subtype
Supermarket
Building Size
47,275 SF
Building Class
B
Year Built
2020
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
9.46 AC
Zoning
B2

AMENITIES

  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 10011563
  • 10010416
Land Assessment
$188,450
Improvements Assessment
$1,772,440
Total Assessment
$1,960,890
  • Listing ID: 34508003

  • Date on Market: 1/16/2025

  • Last Updated:

  • Address: 3112 Cleveland Ave NW, Canton, OH 44709

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