7 Brew | Belden Village, OH

The North Canton retail submarket has a vacancy rate of 2.9% as of the third quarter of 2026. Over the past year, the submarket's vacancy rate has changed by 0.2%, a result of 83,000 SF of net delivered space and 30,000 SF of net absorption. North Canton's vacancy rate of 2.9% compares to the submarket's five-year average of 2.7% and the 10-year average of 3.2%. Overall submarket vacancy is forecast to end 2026 at 2.7%. Among the retail subtypes, neighborhood center vacancy stands at 7.0%, power center vacancy is 6.0%, strip center vacancy is 2.8%, mall vacancy is 0.8%, and general retail vacancy is 1.5%. The North Canton retail submarket has ~960,000 SF of space listed as available, for an availability rate of 3.3%. As of the third quarter of 2026, there is 10,000 SF of retail space under construction in North Canton. In comparison, the submarket has averaged 180,000 SF of under construction inventory over the past 10 years. The North Canton retail submarket contains ~29.1 million SF of inventory. The submarket has ~5.4 million SF of neighborhood center inventory, 2.1 million SF of power center inventory, 1.6 million SF of strip center inventory, 2.0 million SF of mall inventory, and 17.9 million SF of general retail. Market rents in North Canton are $13.20/SF. Rents have changed by 0.2% year-over-year in North Canton, compared to a change of 0.2% across Canton as a whole. Market rents have changed by 0.8% in neighborhood center properties year over year, -0.9% in power center properties, 0.6% in strip center properties, 1.2% in mall properties, and 0.1% in general retail properties. Annual rent growth of 0.2% in North Canton compares to the submarket's five-year average of 2.2% and its 10-year average of 1.9%. Overall annual rent growth in the North Canton retail submarket is forecast to end 2026 at 0.4%, matching the Canton forecast for the same period of time.