4764 Tuscarawas W St Canton, OH 44708-5341
This exceptional investment opportunity presents a freestanding Dollar Tree located at 4764 Tuscarawas St W, Canton, OH 44708, within the Cleveland MSA. The property boasts 12,000 square feet on a 0.93-acre lot, currently operating at 100% occupancy under a Net Lease agreement with a corporate guarantee. The asking price is $1,395,630, representing a compelling $116.30 per square foot and a 7.85% cap rate, based on a Net Operating Income (NOI) of $109,557. The lease features three 5-year options and includes rent bumps. The tenant, Dollar Tree, benefits from its recession-resistant business model. Built in 1974, the property received a new roof in 2023. The location is highly desirable, with over 60,000 residents and 31,000+ daytime employees within a 3-mile radius. Its proximity to the Akron-Canton Regional Airport (an 18-minute commute) and the Pro Football Hall of Fame further enhances its appeal. The lease expires January 30, 2028, offering a remaining term of approximately 3.2 years. This is a rare opportunity to acquire a stable, high-performing retail asset with significant upside potential.
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Dollar Tree Discount Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.