SRS National Net Lease Group in collaboration with Hoty Enterprises is pleased offer the opportunity to acquire the fee simple interest (land & building ownership) in Country Fair Shopping Center, an 88,931 SF, 96% occupied, Dollar Tree anchored, shopping center investment property located Canton, OH. The center features a strong lineup of e-commerce resistant, service, food, and health-based tenants. Dollar Tree occupies 15% of the leasable square footage of the center, equating to 11% of the annual rent. The retail-based anchor recently extended their lease an additional 7 years and has an extensive historical occupancy of 20 years, providing a testament to the strength of the location.

Offering Memorandum

Confidentiality Agreement

Country Fair Shopping Center is strategically located at the signalized, hard corner intersection of Tuscarawas Street and Whipple Avenue, averaging a combined 39,100 vehicles passing by daily. The site benefits from nearby direct on/off ramp access onto Interstate 77 (95,700 VPD), making this an ideal, centralized location with easy commutes for both employees and customers. The site is ideally located within a dense retail corridor with many surrounding national/credit tenants including Walmart Supercenter, Family Dollar, Giant Eagle, CVS Pharmacy, Fishers Foods, ALDI, and others. Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover store exposure for the site. In addition, the asset is within walking distance to Aultman Hospital, a 476-bed regional healthcare facility dedicated to providing world-class care. Country Fair Shopping Center is within proximity to numerous single-family communities and multi-family complexes including Whispering Pines (60 units), Green Acres Town Houses (84 units), Mayfield Manor (250 units), and others, providing a direct residential consumer base for the site. The 5-mile trade area is supported by over 149,900 residents and 5,200 daytime employees, with an average annual household income of $61,882.

Canton, OH - Country Fair Shopping Center

Hoty Enterprises

Mac Lehrer

Agent

<p>Tara joined SRS having worked with the Capital Markets team at SVN Commercial Real Estate Advisors for more than a year. She is responsible for creating marketing packages, proposals and email marketing campaigns, researching potential clients, and coordinating the delivery of all marketing materials.</p><p>Tara is a graduate of Illinois State University where she double majored in international business and organizational leadership.</p>

Investment Offering

Canton, OH - Country Fair Shopping Center

Description

Contact

Dan Elliot

Mac Lehrer