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Property profile & analytics
OFF-MARKET
Drive through restaurants

4750 Tuscarawas W St Canton, OH 44708-5341

2,135 SF 0.46 ac lot Built 1974
Entity Owned 10-yr Hold ~ Est. High Equity
Property ID
US66-1369379
Property summary
AI-generated overview

This exceptional investment opportunity presents two freestanding retail buildings in Canton, Ohio, occupied by Little Caesars and Dollar Tree. The property boasts a combined 12,173 square feet on a 1.39-acre lot, featuring a Little Caesars location with over five years remaining on its NNN lease, including 2% annual rent increases and three five-year options. The Little Caesars lease currently generates $42,840 annually and this store ranks among the top performers in Ohio. Dollar Tree, a Fortune 500 company, occupies the second building, having exercised a five-year option with a rent increase last year. Their lease has approximately 3.5 years remaining. The property benefits from a newly installed roof (2023, 20-year warranty) on the Dollar Tree building. Dollar Tree has been at this location since 2002 and consistently performs well within its Ohio market. The property is strategically located on Tuscarawas Street, experiencing high daily traffic counts exceeding 22,900 vehicles, and is less than ten minutes from the Pro Football Hall of Fame, benefiting from a dense population and high daytime employee count within a three-mile radius. The property is offered for sale at $1,962,963, with a strong 7.76% cap rate and a net operating income (NOI) of $152,397. The buildings were constructed in 1974. This is a compelling investment opportunity, available for sale individually or as a portfolio.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1974
Construction BRICK
Total area 2,135 SF
Lot 0.46 ac (20,038 SF)
APN 43-17353
UPID US66-1369379
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Little Caesars Pizza Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Development 2016 LLC · 10 yrs held
Development 2016 LLC
since 2016
2 recorded transactions
2016
$1.2M
2007
$1.1M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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