Retail Suite in Shopping
For Sale
Contact for pricing
1664 North Main St, North Canton, OH 44720
1,200 SF retail suite available within a North Canton shopping center anchored by Marc’s, Dairy Queen, and PNC Bank.
Property Size85,000 SF
Price / SF$0.01
Days on Market160
Property Features for 1664 North Main St
General Information
Standard status
Active
Size
85,000 SF
Property subtype
Retail
Lease Term
NNN
Building Details
Building Size
85,000 SF
Year Built
1987
Properties For Sale
at 1664 North Main St
18
Size
6,032 SF
Term
Negotiable
Listed By:
Dan Spring, SIOR
(330) 497-6249
Source:
Naiglobal
Added: May 14
Changed: Oct 11
Last Checked: Oct 19 at 3:35AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Dan Spring, SIOR
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
A 1,200 SF retail suite is available in a busy North Canton shopping center. The space is suited for a variety of neighborhood-serving concepts, with the current offering presented for uses such as a yoga or pilates studio, a cell phone store, or an UPS store, among other retail and service formats.
The shopping center benefits from established nearby anchors and draw, including Marc’s, Dairy Queen, and PNC Bank, along with numerous other retailers and businesses in the tenant mix.
This listing is an appropriate fit for operators looking for a dedicated storefront environment inside a maintained retail center with recognizable, consistent traffic drivers.
The shopping center benefits from established nearby anchors and draw, including Marc’s, Dairy Queen, and PNC Bank, along with numerous other retailers and businesses in the tenant mix.
This listing is an appropriate fit for operators looking for a dedicated storefront environment inside a maintained retail center with recognizable, consistent traffic drivers.
Key Highlights
- 1,200 SF retail suite available for lease in a North Canton shopping center
- Suite is located in a shopping center anchored by Marc’s, Dairy Queen, and PNC Bank
- Busy retail center with multiple nearby tenants, including a cell phone store and UPS store
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,932
Suggested Prices Based on Cap Rates
Cap Rate 5%
$438,640
$438.6K
Cap Rate 7%
$313,314
$313.3K
Cap Rate 9%
$243,689
$243.7K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$32.4K $27.00/SF
− Vacancy
−$1.1K −$0.89/SF
EGI
$31.3K $26.11/SF
− OpEx
−$9.4K −$7.83/SF
NOI
$21.9K $18.28/SF
Area
Stark County, OH
Vacancy
3.30%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$438,640
Cap Rate 7%
$313,314
Cap Rate 9%
$243,689
Alternative Uses
Best Use
Retail
$313.3K
$274.2K – $365.5K
NOI $21,932 @ 7.0% cap · market cap 182,766.67%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
411
Businesses Nearby
31k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 67%
Shops & Services 33%
Aldi
Groceries
20,618 visits/mo
0.4 miles
Speedway
Shops & Services
10,162 visits/mo
0.3 miles
Demographics for 44720, OH
40,744
Population
17,988
Households
2.3
Avg Household Size
43
Median Age
42%
College-Educated
97%
High-School Grad
34.3 sq mi
ZIP Area
1,188
Density / Sq Mi
$81,045
Median Household Income
$46,587
Median Earnings
$977
Median Rent
$233,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Storefront property - 1,200 SF retail suite available within a North Canton shopping center anchored by Marc’s, Dairy Queen, and PNC Bank.
Where is this storefront property located?
The property is located at 1664 North Main St North Canton, OH.
What are key features of this property?
This property features: 1,200 SF retail suite available for lease in a North Canton shopping center; Suite is located in a shopping center anchored by Marc’s, Dairy Queen, and PNC Bank; Busy retail center with multiple nearby tenants, including a cell phone store and UPS store
