Canfield, OH 44406

Verizon

Property Address

6464 South Raccoon Road, Canfield, OH, USA

Offering Summary

  • Price: $1,927,000
  • Lot Size: .48 Acres
  • Cap Rate: 6.60%
  • Year Built: 2019
  • Building SF: 3,000
  • Status: In Escrow
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  • Brand New 10-Year Lease with Verizon - 2019 Construction
  • 10% Rental Increases Every 5 Years
  • Tenant is the Largest Verizon Retailer in the United States - 700+ Locations
  • 86,214 Residents within a 5-Mile Radius
  • Excellent Location Immediately Off OH-11 (26,300+ Cars/Day)
  • Visible to 29,000+ Cars/Day at the Nearby Intersection of Boardman-Canfield Road and S Raccoon Road
  • Surrounded by National Retailers - Giant Eagle Supermarket, McDonald’s, CVS, Starbucks, Chipotle, and More
  • Strong Daytime Population - 76,107 Employees in Trade Area
  • Average Household Income Exceeds $98K in Immediate Area
  • Minutes from Canfield High School (935 Students)

Broker Information