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27157474
27157475

4865 Frank Ave NW, North Canton, OH 44720 For Sale

RY
OH SAL.2007006313
Goodman Real Estate Services Group LLC Columbus
Listed by Goodman Real Estate Services Group LLC Columbus
$815,925
298 days on market
Updated 47 days ago

MyEyeDr.

Details
Property Type Business for Sale
Sub Type Business and Building
Square Footage 3,878
Cap Rate 8.00%
NOI $65,274
Occupancy 100%
Tenancy Single
Lease Type Gross
Lease Term 7
Lease Expiration 12/31/2027
Remaining Term 1.5
Investment Type Net Lease
Lease Commencement 01/01/2021
Occupancy Date 01/01/2026

Business for Sale | 8.00% CAP | 3,878 SqFt

Marketing description

For sale is the 100% fee-simple interest in the free-standing MyEyeDr. located at 4865 Frank Rd NW, North Canton, OH 44720. This prime site is situated at a high-traffic intersection (over 28,000 VPD) in the vibrant North Canton market, offering excellent access and visibility from Frank Rd NW and Fulton Rd NW. The property is strategically positioned near the newly opened Meijer Supercenter, a 159,000-square-foot retail anchor that acts as a regional draw. The surrounding area is a thriving commercial and industrial hub, home to key businesses and attractions, including Belden Village Mall, Kent State University at Stark, Walsh University, Stark State College, and the Pro Football Hall of Fame. The presence of the Meijer Supercenter, nearby retail developments, and a robust manufacturing base, led by industry giants like The Timken Company and Diebold Nixdorf, strengthens the market’s appeal as a regional economic destination.

Listing Contacts

RY
OH SAL.2007006313
Goodman Real Estate Services Group LLC Columbus
Listed by Goodman Real Estate Services Group LLC Columbus

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$65,274.00
$5,439.50/mo

Valuation Metrics

0
DSCR
8%
Cap Rate
8%
ROI

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