1550 Maple St North Canton, OH 44720
- Retail properties
Current Use by Public Records
- Retail properties
Property Details for 1550 Maple St
- Year built
- 2025
- Property type
- Retail properties
Description
This exceptional investment opportunity presents a brand-new, 2025-constructed retail building in North Canton, Ohio, leased to Caliber Collision, the nation's largest collision repair provider. The 15-year absolute triple-net (NNN) lease boasts a 6.60% cap rate and a strong NOI of $322,495. Rental increases of 10% are built into the lease every five years. The property benefits from its prime location directly across from BMW and Toyota dealerships, near numerous other auto dealerships and service centers, and in close proximity to the Pro Football Hall of Fame, Kent State University at Stark, and Akron-Canton Airport. The surrounding area is densely populated and affluent, with average household incomes exceeding $95,000 within a 3-mile radius. The property also qualifies for significant tax benefits through accelerated depreciation and cost segregation. Hellman & Friedman, a private equity firm managing over $25 billion in assets, is the majority owner of Caliber Collision, providing further investment security. This is a rare chance to acquire a high-performing, low-maintenance asset with substantial long-term growth potential. The asking price is $4,886,287.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- North Canton
- County
- Stark
- State
- Ohio
- Longitude
- -81.4219
- Latitude
- 40.8767
