Building Details

Tenancy Multi

Listing Agency: Goodman Real Estate Services Group LLC Show Phone

Listed By: Kyle Hartung · License #OH SAL.2003016343

Source: Crexi

Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 11:31AM

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Investment Insights

Based on property information with market context.

Eastgate Ellet Plaza is a shopping center offered as a 100% fee-simple interest. The property is currently 69% occupied and includes a mix of grocery, restaurant, nail salon, cellular, and other retail uses. Available space includes retail suites ranging from 1,200 to 4,200 SF and office suites from 160 to 440 SF. In-place income reflects an 8% cap rate.

The center is located at 552 Canton Rd in Akron, Ohio, approximately one mile south of Interstate 76 and southeast of downtown Akron. It serves the Ellet, Mogadore, and Lakemore neighborhoods and is supported by surrounding retail, municipal services, and nearby schools and community facilities. Regional ACME grocery operates nearby as a shadow anchor, alongside Save a Lot within the center.

The property has changed ownership only once in the past 41 years, providing an established neighborhood retail setting with existing tenant infrastructure and vacant suites in multiple sizes.

Key Highlights

• 100% fee‑simple interest in a grocery‑anchored shopping center
• 69% current occupancy with retail and office suites available
• Retail vacancies range from 1,200 to 4,200 SF

Property Analytics

Current Use

Eastgate Ellet Plaza Shopping Center & Mall Cash America Pawn Discount Store Sr22 Insurance Marketing & Advertising

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Spa & Massage Center Hair Salon Nail Salon

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

69%

Occupancy

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

443

Businesses Nearby

101k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 44% Groceries 34% Dining 12% Home Improvements & Furnishings 8%

Acme Fresh Market Groceries

30,436 visits/mo 0.2 miles

Circle K Shops & Services

10,053 visits/mo 0.4 miles

Huntington Bank Shops & Services

8,094 visits/mo 0.2 miles

Ace Hardware Home Improvements & Furnishings

7,949 visits/mo 0.2 miles

Dollar General Shops & Services

5,651 visits/mo 0.5 miles

Demographics for 44312, OH

30,510

Population

14,299

Households

2.1

Avg Household Size

44

Median Age

19%

College-Educated

92%

High-School Grad

19.0 sq mi

ZIP Area

1,606

Density / Sq Mi

$64,542

Median Household Income

$41,829

Median Earnings

$994

Median Rent

$142,100

Median Home Value

Market

Vacancy Rate% for Retail in Akron, OH

5.3% 2020

5.3% 2021

4.5% 2022

4.2% 2023

5.4% 2024

6.4% 2025

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Similar Off Market Nearby

• Eastgate Ellet Plaza — 552 Canton Rd, Akron, OH 44312

Frequently Asked Questions

What type of property is this?

Shopping center - Neighborhood retail center with daily-needs tenants, restaurant space, and suites available for lease-up.

Where is this shopping center located?

The property is located at 552 Canton Rd Akron, OH.

What are key features of this property?

This property features: 100% fee‑simple interest in a grocery‑anchored shopping center; 69% current occupancy with retail and office suites available; Retail vacancies range from 1,200 to 4,200 SF