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Shopping Center with Outlet Building
New
For Sale
$5,330,000

2618 W State St, Alliance, OH 44601

The fully leased retail property includes major national anchors and a freestanding outlet building.

Property Size46,000 SF
Lot Size1.88 Acres
Price / SF$115.87
Days on Market6

Property Features for 2618 W State St

General Information

Standard status Active
Size 46,000 SF
Lot size 1.88 Acres
Property subtype Shopping Community
Occupancy 100%

Additional Details

Cap Rate 7.75%
Anchor Co-Tenants TJ Maxx, Dollar Tree, Skechers

Amenities

100 Percent Leased, 46,000 Square Foot Strip Center Anchored by TJ Maxx, Dollar Tree, and Skechers
Sits Directly in Between Brand New Meijer and Walmart – 3.8 Million Combined Annual Visits
Freestanding Skechers Outlet Building Included in Sale on Large 1.88 Acre Parcel
Weighted Average Lease Term of 3.92 Years with No Current Vacancy
New Roof Over Shop Spaces Summer 2026
Walmart Generates 2.6 Million Annual Visits, Ranking in the Top 14 Percent of Stores in Ohio and Top 20 Percent Nationwide
7.42-Acre Site Across Two Parcels with a Favorable Effective Tax Rate of Just 1.36 Percent
Strategic Positioning Near University of Mount Union, Alliance Community Hospital, and National Retailers

Building Details

Building Size 46,000 SF
Year Built 1997
Tenancy Multi
Listing Agency: Marcus & Millichap | Columbus
Listed By: Erin Patton · License #License(s): OH: SAL.2004010274
Source: Marcusmillichap
Added: Sep 28 Last Checked: Oct 2 at 5:07PM

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 Marcus & Millichap | Columbus

Investment Insights

Based on property information with market context.

This 46,000-square-foot shopping center in Alliance, Ohio, was built in 1997 and is 100% leased. The tenant lineup includes TJ Maxx, Dollar Tree, and Skechers, with a freestanding Skechers outlet building also part of the property. The center occupies a 1.88-acre parcel.

The property at 2618 W State St sits between Meijer and Walmart. Those two stores draw a combined 3.8M annual visits. The freestanding outlet building and the center’s established occupancy are distinct components of the retail property.

Key Highlights

  • 46,000‑square‑foot shopping center built in 1997
  • 100% leased to tenants including TJ Maxx, Dollar Tree, and Skechers
  • Freestanding Skechers outlet building included

Property Analytics

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Current Use

Sleep Outfitters Furniture & Home Goods

Suggested Use

Top Pick Building Supply Real Estate Agency Electrical Service Grocery & Convenience Store Garden Center (Bike/Boat/Book/etc) Store

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

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

219
Businesses Nearby
Well-served
Demand for This Use

Demographics for 44601, OH

33,688
Population
14,532
Households
2.3
Avg Household Size
41
Median Age
17%
College-Educated
90%
High-School Grad
82.0 sq mi
ZIP Area
411
Density / Sq Mi
$61,887
Median Household Income
$33,773
Median Earnings
$803
Median Rent
$142,600
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

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Similar Off Market Nearby

  • Westwood Square — 2410 W State St, Alliance, OH 44601

Frequently Asked Questions

What type of property is this?
Shopping center - The fully leased retail property includes major national anchors and a freestanding outlet building.
Where is this shopping center located?
The property is located at 2618 W State St Alliance, OH.
What is the asking price?
The asking price for this property is $5,330,000.
What are key features of this property?
This property features: 46,000‑square‑foot shopping center built in 1997; 100% leased to tenants including TJ Maxx, Dollar Tree, and Skechers; Freestanding Skechers outlet building included
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