West State Square — Sale in Alliance, OH

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Alliance, OH 44601

Photos

West State Square — Sale in Alliance, OH, photo 1 of 3
West State Square — Sale in Alliance, OH, photo 2 of 3
West State Square — Sale in Alliance, OH, photo 3 of 3

Investment Figures

Cap rate
7.75%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

100 Percent Leased, 46,000 Square Foot Strip Center Anchored by TJ Maxx, Dollar Tree, and Skechers. Freestanding Skechers Outlet Building Included in Sale on Large 1.88 Acre Parcel. Sits Directly in Between Brand New Meijer and Walmart – 3.8M Combined Annual Visits. Investment Highlights: • 100 Percent Leased, 46,000 Square Foot Strip Center Anchored by TJ Maxx, Dollar Tree, and Skechers • Sits Directly in Between Brand New Meijer and Walmart – 3.8 Million Combined Annual Visits • Freestanding Skechers Outlet Building Included in Sale on Large 1.88 Acre Parcel • Weighted Average Lease Term of 3.92 Years with No Current Vacancy • New Roof Over Shop Spaces Summer 2026 • Walmart Generates 2.6 Million Annual Visits, Ranking in the Top 14 Percent of Stores in Ohio and Top 20 Percent Nationwide • 7.42-Acre Site Across Two Parcels with a Favorable Effective Tax Rate of Just 1.36 Percent • Strategic Positioning Near University of Mount Union, Alliance Community Hospital, and National Retailers

Market Context

This retail in Alliance, OH is listed for sale. It is offered at an approximate 7.8% capitalization rate, a key benchmark for income-producing retail assets. Compare it against other retail listings for sale in Alliance, OH — view the full market.

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