1709 Sr 59 Kent, OH 44240
This exceptional 15,135 square foot retail pad site presents a remarkable opportunity for businesses seeking high visibility and convenient access. Located in the prominent Kent Acme Plaza, this single-tenant property boasts a 0.35-acre lot size (APN: 12-022-00-00-062-007) in Portage County. The site benefits from its strategic position in front of a thriving grocery-anchored center, ensuring significant foot traffic and brand exposure. Current tenants within Kent Acme Plaza include a diverse mix of established businesses such as Acme Fresh Market, Huntington Bank, Pizza Hut, UPS Store, Subway, Human Bean Coffee, and a US Army Recruiting Center, creating a strong and complementary tenant mix. The property's excellent visibility and accessibility are further enhanced by ample parking. This location is ideally situated to capitalize on the significant investment planned for Kent State University, with a projected $1 billion investment and a current student enrollment of 23,178 students. The entire 15,135 square feet is currently vacant, offering a blank canvas for a new business to establish a strong presence in a vibrant and growing community. This is a rare opportunity to secure a prime retail location with exceptional visibility and access in a well-established shopping center.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.