Listing Agency: Marcus & Millichap - Columbus

Listed By: Craig Fuller · License #OH 2008001551

Source: Crexi

Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 11:02AM

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Investment Insights

Based on property information with market context.

Portage Crossings is a 106,042-square-foot retail property identified for grocery and convenience store use. The asset is located at 1799 Portage Rd in Wooster, Ohio.

The property carries a reported 7.75% CAP rate and is offered for sale.

Key Highlights

• 106,042 SF retail property
• 7.75% CAP rate
• Located at 1799 Portage Rd, Wooster, OH 44691

Property Analytics

Property Profile

Current Use

Marc's Pharmacy Pharmacy Marc's Grocery & Convenience Store Sears Appliance Repair Home Appliance Store LibertyX Bitcoin ATM Atm MoneyGram Bank

Suggested Use

Top Pick Real Estate Agency Electrical Service Kitchen & Bath Showroom Grocery & Convenience Store Bakery Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

386

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 44691, OH

44,666

Population

19,369

Households

2.3

Avg Household Size

41

Median Age

31%

College-Educated

93%

High-School Grad

154.9 sq mi

ZIP Area

288

Density / Sq Mi

$71,319

Median Household Income

$37,322

Median Earnings

$881

Median Rent

$216,800

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this grocery and convenience stores located? What is the asking price? Find similar properties ... What are key features of this property?

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Similar Off Market Nearby

• Marc's — 1799 Portage Rd, Wooster, OH 44691

Frequently Asked Questions

What type of property is this?

Grocery and convenience store - Retail property offering a substantial footprint for grocery and convenience-oriented commercial use.

Where is this grocery and convenience store located?

The property is located at 1799 Portage Rd Wooster, OH.

What are key features of this property?

This property features: 106,042 SF retail property; 7.75% CAP rate; Located at 1799 Portage Rd, Wooster, OH 44691