4481 Munson St NW
Canton, OH 44718
Jackson Lake Office Building · Office Property For Sale

Jackson Lake Office Building offers the unique opportunity to acquire 27,678 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. Investors should be excited to take advantage of this well-stabilized office building in Canton, Ohio. In addition to its stabilized occupancy, a new owner will benefit from a seasoned and stable mix of regional tenants. 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 is one small vacancy available in this property that will add further cash flow and IRR upon successful lease-up. The lease-up on this space is pure upside. 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.