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4450 Belden Village St NW
Canton, OH 44718
The Glass Tower · Office Property For Sale

Property Facts

Property Type
Office
Building Size
87,165 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
1975
Percent Leased
97%
Tenancy
Multiple
Building Height
8 Stories
Typical Floor Size
15,310 SF
Slab To Slab
12’
Building FAR
1.16
Lot Size
1.72 AC
Zoning
B3 - Business Zoning
Parking
196 Spaces (1.22 Spaces per 1,000 SF Leased)

Amenities

  • Banking
  • Restaurant
  • Signage

About 4450 BELDEN VILLAGE ST NW , CANTON, OH 44718

Belden Village Glass Tower offers the unique opportunity to acquire 122,478 square feet of prime office space. The asset sits in a submarket of the the Akron/Canton metro in Belden Village, Canton’s most prominent trade area. In addition to its stabilized occupancy, a new owner will benefit from diversified characteristic tenants such as 3E Company, Ria Jia Wang, Canton Five Inc., and various other professional tenants such as Law Firms and Title Companies. Timing is ideal, as the Akron/Canton office submarket and neighboring submarkets are showing positive signs of increased demand from tenants and gradually diminishing supply metrics. In addition, there are additional small vacancies throughout this property that will add further cash flow and IRR upon successful lease-up. Investors may take advantage of this opportunity to enhance their multi-tenant office asset portfolio through this acquisition by adding quality diversified tenants in a property located in an improving office market. Canton is part of the Cleveland-Akron-Canton CSA with a population of 3.5 Million; 15th largest CSA in the United States. Local demographics comprise of 50,574 residents within 3 miles and 163,085 residents within 5 miles. Canton is enjoying a growing upper middle class area, with an average household income of $77,000+ within 3 miles.

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 01608577
  • 01608582
  • 01608578
  • 01608581
Land Assessment
$882,000
Improvements Assessment
$1,278,590
Total Assessment
$2,160,590
  • Listing ID: 17145759

  • Date on Market: 9/9/2019

  • Last Updated:

  • Address: 4450 Belden Village St NW, Canton, OH 44718

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