2500 State St Alliance, OH 44601
- Hotels
- 60,537 SF
- 0.75 lot acres
Current Use by Public Records
- Meijer Pharmacy / Drug Store / Medical Supply Store
- Meijer Deli / Medical Supply Store / Pharmacy
- Meijer Bakery / Bakery / Dessert Shop
- Quick-Tag / Pet Supply Store / Kiosk
- Dunham's Sports / Sporting Goods Store / Exercise Equipment Store
Property Details for 2500 State St
- Year built
- 1988
- Construction
- FRAME
- Lot size
- 0.75 lot acres
- Property size
- 60,537 SF
- Property type
- Hotels
- APN
- 77-00706
- APU
- 7700706
Description
This exceptional retail leasing opportunity offers two available spaces within high-traffic Meijer stores across the Midwest. Each space provides a prime, front-of-store location ensuring unparalleled visibility and access to thousands of weekly customers. The spaces range from 525 to 1,046 contiguous square feet, with a total of 1,571 square feet currently vacant. The "Store-Within-A-Store" concept offers significant advantages, including high-traffic locations strategically placed for maximum customer interaction. A fixed monthly fee covers real estate taxes, property insurance, common area maintenance, and utilities, simplifying operational costs. Both interior and exterior signage opportunities are available for enhanced brand exposure. These spaces are situated in thriving trade areas with desirable demographics, making them ideal for a variety of businesses. Potential tenants include financial institutions, food and beverage establishments, service businesses, health and wellness providers, and more. The property is located in Stark County and is perfect for businesses seeking strong foot traffic and exposure in a well-known retail destination. The minimum divisible space is 525 square feet.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $405,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $600,000
- 6.5%
- $610,000
- 7%
- $540,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $590,000
- Geo Method
- $650,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $500,000
- Retail
- $630,000
- Mixed-Use
- $680,000
- Hospitality
- $625,000
- Educational
- $600,000
- Residential Income
- $615,000
- Energy
- $510,000
- Income-Based Land
- $555,000
- Food Service
- $520,000
Location Insight
- Map
- Local Demand
- City
- Alliance
- County
- Stark
- State
- Ohio
- Longitude
- -81.1557
- Latitude
- 40.8983
- CBSA code
- 15940
- CBSA name
- CANTON-MASSILLON, OH METROPOLITAN STATISTICAL AREA
