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Marc Hildenbrand And Steven Silverman Of Friedman Real Estate Represent Buyer In $4.8M Retail Sale In North Canton
SOLD
$4,800,000
Retail12,000 SF
Sold 03/28/2025
SOLD
Marc Hildenbrand And Steven Silverman Of Friedman Real Estate Represent Buyer In $4.8M Retail Sale In North Canton
1550 West Maple Street
See Similar DealsRetail12,000 SF
Sold 03/28/2025
Summary
OHIO
Asset Type:Retail
Price Per Square Foot:$400
Total Square Footage:12,000 SF
Transaction Type:Sale
A retail property featuring 12,000 square feet located at 1550 West Maple Street in North Canton, OH, was sold for $4,800,000. The price per square foot stands at $400.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $4,800,000
- Sale Date: 03/28/2025
- Market: North Canton, OH
- Square Footage: 12,000
- Price per Square Foot: $400
Marc Guy Hildenbrand and Steven Silverman of Friedman Real Estate represented the buyer in this transaction. The property was occupied by Caliber Collision at the time of sale.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$256,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$17,053.38
Cash-on-Cash Return-1.27%
Monthly Debt Service$22,754.45
Annual Debt Service$273,053.39
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