2618 W State St, Alliance, OH 44601 For Sale

West State Square is a 100% leased, 46,000 SF strip center anchored by TJ Maxx, Dollar Tree, and Skechers. Strategically positioned between a brand new Meijer and Walmart, the property benefits from 3.8 million combined annual visits to these major retailers. The center sits along West State Street, which sees over 23,100 vehicles per day, serving as the primary east-west corridor in Alliance, Ohio.

The property offers exceptional value with a favorable effective tax rate of just 1.36% across a 7.42-acre site spanning two parcels. A new roof over the shop spaces is scheduled for completion in Summer 2026, providing significant deferred maintenance benefits to the buyer. The weighted average lease term of 3.92 years provides stable income with no current vacancy.

Alliance is strategically located in northeast Ohio with convenient access to Cleveland, Akron, Pittsburgh, and Columbus. The 5-mile trade area boasts a population of 33,000 with over $354 million in annual consumer spending. The property is located less than 3 miles from the University of Mount Union (2,250 students) and Alliance Community Hospital (204 beds).