3112 Cleveland Ave NW | Canton, OH 44709
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This Retail Property is no longer advertised on LoopNet.com.
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
- General Retail Freestanding
- General Retail Storefront
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
| Parcel Numbers |
Multiple
|
Improvements Assessment | $1,772,440 |
| Land Assessment | $188,450 | Total Assessment | $1,960,890 |
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
The Edgefield Retail Property at 3112 Cleveland Ave NW, Canton, OH 44709 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
NEARBY LISTINGS
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